Pensacola port contractor owes city

The Port of Pensacola, Fla.’s principal tenant, Offshore Inland, owes the city more than $300,000, and is also 60 days late in paying docking fees. OI is an oil and gas industry contractor that brings in large ships to dock at the port for refitting and maintenance work. The issue has to do with promised reimbursements by the state and city to Offshore Inland for improvements to the port’s Warehouse 1t. OI made improvements early this year, but the contract work was not bid, and raised questions at City Hall as to whether the project was still eligible for reimbursement. Pensacola is considering granting OI interim credit for warehouse improvement - worth about the same as the firm owes in docking fees – until the issue is resolved. (Source: Pensacola News Journal 12/23/15)