WELCOME SEADRILL

Seadrill - Port of Iberia, New Iberia, LA

Port of Iberia Commissioners and staff along with Iberia Parish 
President and Assessor at lease signing with Lynn Ussie of Seadrill.

The Port of Iberia welcomes Seadrill, a world-class deepwater drilling contractor, to the Port of Iberia. Seadrill recently signed a 10-year lease to establish a shorebase for their Western Hemisphere operations. This shorebase will maintain an inventory of parts and components for drill ships across the world. Seadrill operates over 50 drill ships, primarily overseas, and spends $1 Billion a year in operations.

Port of Iberia Executive Director, Craig Romero, stated the 60-acre lease received Foreign Trade Zone designation from the U.S. Department of Commerce which was vital for Seadrill to locate at the Port of Iberia. “This will allow Seadrill to bring in equipment by their ships from foreign locations for repair or maintenance and ship back without any tax liabilities,” said Romero. “Without this Foreign Trade Zone designation, this work would be done outside of the United States. Now the Port of Iberia, Louisiana and the United States will benefit economically.”

AGMAC UPDATE

Pipe at the Port of Iberia, New Iberia, LAPhase I of the dredging the Acadiana Gulf of Mexico Access Channel (AGMAC) is ready to begin. The AGMAC would allow dredging of a 16-foot deep channel from the Port of Iberia to the Gulf of Mexico via the Intracoastal Canal.

Contracts have been negotiated for the lowering of three pipelines to depth required by the Corps of Engineers at the Commercial Canal between the port and the Intracoastal Waterway. This portion of the project will take approximately six to eight months to complete at a cost of $6-7 Million dollar per pipeline. These funds have been appropriated by the state of Louisiana. After completion, work will begin on the actual dredging of the Port canal set to begin in 2021.

The Port is also working with landowners along the route for property restoration using dredge materials. “AGMAC is vital to the Port businesses to remain competitive,” stated Romero.

MILLENNIUM EXPANSION PHASE III

Port Executive Director Craig Romero and Port Attorney Ray Allain 


Port Executive Director Craig Romero and Port Attorney Ray Allain 
discuss property purchase with Mr. and Mrs. Henry Bernard.

The Port of Iberia is finalizing the purchase of 40 acres from Bernard Port Properties, LLC. The property is located behind the Port administration office between Lewis Street and Pesson Road. The Port received $2.4 million in capital outlay funds from the State of Louisiana for land acquisition and canal dredging. This will create more waterfront property with road and rail access.

Signing of a Long-Term Lease with Seadrill

Port Of Iberia signing of a long-term lease with SeadrillNEW IBERIA, LA
MAY 29, 2020

The Port of Iberia announced the signing of a long-term lease with Seadrill, a world-class deepwater drilling contractor, to establish a shorebase for their Western Hemisphere operations.  The 10-year lease will include three additional 10-year lease options.  This shorebase will maintain an inventory of parts and components for drill ships across the world.  Seadrill operates over 50 drill ships, primarily overseas, and spends $1 Billion a year in operations. Continue reading

Shorebase Lease

Shorebase Lease BuildingThe Port of Iberia is in the final steps of signing a 10 year lease agreement with multiple 10 year options with a world-class drilling contractor to establish a shorebase for the western hemisphere part of their worldwide operations. The Port has secured $4.4 Million dollars to enhance the existing buildings and land in order to set up the shorebase. This shorebase will maintain an inventory of parts and components for drill ships across the world. According to Port Executive Director Craig Romero, the first step to getting this world-class drilling company to consider the Port was to establish a “Foreign Trade Zone” which the Iberia Parish School Board and Iberia Parish Council approved unanimously. This company operates over 50 drill ships, primarily overseas, and spends $1 Billion a year operating the company which includes a tremendous amount of repairs done in the immediate vicinity of the shorebase. Construction plans have been finalized and will go out for public bids soon.

MILLENNIUM EXPANSION PHASE III

The Port of Iberia has moved forward with Phase III of their Millennium expansion by acquiring approximately 40 acres from Bernard Port Properties, LLC. The property is located behind the Port administration office between Lewis Street and Pesson Road. The Port received $2.4 million in capital outlay funds from the state of Louisiana for land acquisition and canal dredging. This site has already created interest eventually having road, water and rail access.

DYNAMIC GIVING

Bryan Bourque, Director of Dynamic Industries, Inc.,  Juanita Lewis, St. Francis Diner Director, and  Craig Romero, Port of Iberia Executive Director

Bryan Bourque, Director of Dynamic Industries, Inc., Juanita Lewis, St. Francis Diner Director, and Craig Romero, Port of Iberia Executive Director

Over the Christmas holidays, Dynamic Industries, Inc. generously donated a 4-H Championship Hog to St. Francis Diner in New Iberia. The hog was purchased from Peyton Dore at the Sugarcane Festival.

Mark T. Doré Selected as Board President

Photo of Mark Doré recently selected as Port of Iberia Board President replacing outgoing President E.R. “Smitty” Smith, III.

Mark Doré recently selected as Port of Iberia Board President replacing outgoing President E.R. “Smitty” Smith, III.

Mark T. Doré was recently selected as 2020 President of the Port of Iberia Board of Commissioners. He replaces outgoing President E.R. “Smitty” Smith, III. Doré was appointed by the City of New Iberia in 1997. He has been in sales and marketing in the oil and gas industry for over 30 years. “I’m proud to be part of the Port Board of Commissioners for over 20 years. My main concern and priority is to continue working to make AGMAC a reality. The deepening of the channel is vital for the future of the Port of Iberia.”

Good News for Port of Iberia

Craig Romero discusses project with Redguard

Craig Romero discusses project with Redguard

RedGuard, an expert in design and building of blast-resistant buildings, has recently purchased the former Geo Marine property at the Port of Iberia. This manufacturing facility is in addition to their Curtis Lane location.

CSC Sugar, LLC, a leader and innovator in sugar trading, distribution and refining, has recently purchased surplus sugar from area sugar mills Patriot Construction, formerly LeBlanc Marine, is providing material handling and loading the sugar to barge at their Port of Iberia facility. CSC Sugar operates dry transfer and liquid sugar plants in El Paso and Fort Worth, TX, Covington, TN, Chicago, IL and Fairless Hills, PA.

Dynamic Industries, Inc. has completed delivery of 92 pre-assembly modules for one of the world’s largest energy companies. Continue reading

AGMAC Fall 2019 Update

The Port of Iberia is another step further in dredging the Acadiana Gulf of Mexico Access Channel (AGMAC). The AGMAC would allow dredging of a 16-foot deep channel from the Port of Iberia to the Gulf of Mexico via the Intracoastal Canal. Craig Romero, Port Executive Director, stated that $13.5 million has been received from the state to begin Phase I. The first step to prepare for the dredging is to lower five pipelines to required depth at the Commercial Canal between the port and the Intracoastal Waterway. This work is slated to begin in July 2020. Improved bulkheads to 20 feet inside the port have already been completed at a cost of $29 Million dollars over the past 5 years. Romero emphasized the importance of the channel to Port businesses to remain competitive. “Dynamic, Omega, Frank’s…they are all being denied the ability to bid on projects because of navigation charts showing a low depth at the Port of Iberia,” Romero said.