NEWS & UPDATES

“Developer of proposed $1.5 billion Cameron Parish port selects Citigroup as financing manager”
 – The Advocate (June 2, 2016; 2:37 p.m.)

The company proposing a $1.5 billion, 500-acre deepwater energy industry staging port   in southwest Louisiana has selected Citigroup Global Markets Inc. as its financing manager for the project. “With Citigroup’s expertise in bond financing and other capital funding programs, we are confident in securing the funds needed to move this project to construction and provide the offshore energy industry with a new deepwater port of choice in the western Gulf of Mexico,” said Lanis J. “Bud” Viator, executive chairman of Port Cameron LLC.  Read more here.

 

“Port Cameron in Louisiana to Add $1.5B Deep-Water Staging Port” – REBusiness Online
Posted (May 31, 2016 by John Nelson)

 CAMERON, LA. — Port Cameron LLC plans to develop a new deep-water staging port in Cameron, a town near Lake Charles in Louisiana’s Gulf Coast region. As the largest private energy services facility on the Gulf Coast, the new port complex will facilitate energy development in the Gulf of Mexico. Read more here.

 

“November Start For Louisiana Deepwater Energy Staging Port” – ConstructionEquipment.com (May 27, 2016)

Oil and gas offshore energy services port will generate close to $9.5 billion in new sales for firms in the Lake Charles area and more than 16,000 jobs a year. Read more here.

 

“Construction set to begin on $1.5 billion Cameron port” – By Ted Griggs| TGRIGGS@THEADVOCATE.COM (May 26, 2016; 6:14 p.m.)

 Port Cameron LLC plans to begin construction in November on a $1.5 billion deepwater staging port in Cameron, with Fortune 500 real estate services firm JLL leading leasing efforts for the facility. The first phase of construction will be on 500 acres on the Calcasieu Ship Channel, with 750 more acres available for future expansion. The first phase is scheduled to be complete by the third quarter of 2017. Read more here.

 

“Work slated to begin on $1.5 billion Cameron port” – The Associated Press (May 27, 2016)

Construction is set to begin this fall on a $1.5 billion deepwater staging port in Cameron. The Advocate reports Port Cameron LLC plans to begin the first phase of the four-year project in November. Real estate services firm JLL Houston will lead the leasing efforts for the facility. Read more here.

 

“$1.5 billion project for Cameron” – AmericanPress.com (Saturday, May 28, 2016 11:37 AM)

Port Cameron LLC on Thursday announced that it plans to build a $1.5 billion deep-water staging port in Cameron Parish. The Illinois-based commercial real estate services firm Jones Lang LaSalle Inc. will be the leasing partner at the new port complex. Read more here.

 

“Calcasieu Ship Channel picked by Port Cameron for new facility” – AmericanPress.com (Sunday, June 12, 2016 7:13 AM)

The Calcasieu Ship Channel has become prime real estate for companies like Port Cameron LLC. Officials close to the project have said the limited availability of waterfront property along the nearest ship channel in Texas has made Southwest Louisiana a more appealing destination for industrial facilities. Read More here.

 

“Port Cameron and HBW Resources Join Forces to Commercialize New Deepwater Port in Gulf of Mexico”. – Business Wire  (July 25, 2016)

HBW Resources announced today that it has been retained by Port Cameron, LLC to enhance its campaign to identify and secure new customers for its new private deepwater, state-of-the-art staging port in Cameron Parish, Louisiana. Read more here.

 

“Port Cameron partners with consulting, advocacy firm” – Justin Phillips, American Press (July 30, 2016)

The recent steps taken by Port Cameron LLC, the $1.5 billion proposed deep-water port in Cameron Parish, show the company is beginning to shift some of its focus toward securing customers for the complex. To expedite the process, Port Cameron retained the services of HBW Resources — a consulting and advocacy firm with offices throughout the country, including in Houston. Read more here.

 

“West side’s the best side: Port Cameron organizers plan $1.5 billion deepwater facility” – Ted Griggs, The Advocate (July 24, 2016)

A proposed deepwater port in Cameron Parish could create 85,000 jobs over four years in Louisiana, $11.2 billion in sales to businesses here and $267.5 million in state taxes And that’s just the construction phase. Once built, Port Cameron LLC’s operations are expected to churn out $2.8 billion in sales to firms in Louisiana, 9,930 jobs a year and $38 million in state taxes. Read more here.

 

“Port Cameron hires firm to find customers for $1.5B staging port”. – New Orleans City Business  (July 25, 2016)

Port Cameron LLC has hired consulting firm HBW Resources LLC to find customers for its new $1.5 billion deepwater staging port in Cameron. Read more here.

 

“Proposed Project to Expand Gulf of Mexico Port Capacity.”  – Rigzone (August 11, 2016)

Port Cameron presents an opportunity for a brand new, modern port to be added to the Gulf Coast. Even with the oil price downturn, oil and gas activity in the Gulf of Mexico is expected to increase going forward. Read more here.