La. port to extend discounts

In October, Chett Chiasson, executive director of the Greater Lafourche Port Commission in south Louisiana, said utilization of offshore vehicles in the state's waters of the Gulf of Mexico was very low. Since March 2015, the port has been giving tenants a 20% reduction on basic land rentals. It was approved until December, “but given current conditions, we anticipate extending it into 2017,” he said. About 80 firms, including oil and gas companies, hold 140 leases at the port. The 1,200-acre port services about 90 percent of all deep water activity in the GoM. It’s considered a key one-stop service spot by the oil industry. (Source: Marine Link, 11/22/16)