UPDATE SPRING 2021 ORTOF IBERIA The Gulf Coast Cajun Connection Craig F. Romero - Executive Director Danny J. David - President Roy A. Pontiff - Vice-President Shane M. Walet - Secretary-Treasurer Simieon d. Theodile, Sr. | E.R. "Smitty" Smith, II Patrick Broussard | Mark T. Doré PRIME PROPERTY AVAILABLE - CALL 364-1065 AGMAC UPDATE The Port of Iberia is another step closer in deepening the Acadiana Gulf of Mexico Access channel (AGMAC) to a 16 feet from the port to the Gulf of Mexico via the Intracoastal Canal. Work on lowering the first of three pipelines as required by the Corps of Engineers has begun. To prepare for dredging the pipelines will be lowered at the Commercial Canal between the port and the Intracoastal Waterway. The second and third pipeline lowering is scheduled for early summer. Funds have been appropriated by the state of Louisiana for the estimated cost of $5.4 million per pipeline. The Port Commissioners anticipate advertising for dredging bids by late summer. MESSAGE FROM EXECUTIVE DIRECTOR AGMAC Ad AO "Good things are happening at the Port of Iberia, despite the challenges of the past year. Several companies are providing products and services to the Liquid Natural Gas industry. Longtime port business, The Bayou Companies, continues to maintain a high activity level with pipe coating for various LNG plant connections. Chart Industries is busy with production of cold boxes and brazed aluminum heat exchangers for multiple LNG export terminal projects in the Louisiana Texas coast. RedGuard, an expert in design and building of blast-resistant buildings, is also busy with industrial plant work. The port's newest tenant, Seadrill, is in the final stages of establishing a shorebase for their Western Hemisphere operations. This shorebase will maintain an inventory of parts and components for drill ships across the world. DANNY DAVID SELECTED AS BOARD PRESIDENT Danny J. David was recently selected to serve at President of the Port of Iberia Board of Commissioners. He replaces outgoing President Mark Dore'. David was appointed to the Board by the Iberia Parish Council in 2008. David is a lifelong resident of New Iberia and owns David Mortuary, LLC, David Marble & Granite, Inc., and Beau Pre Memorial Park, Inc. Craig Romero, Executive Director Millennium Expansion Phase II is moving forward with recent acquisition of 40 acres from Bernard Port Properties, LLC. $2.4 million in capital outlay funds have been approved by the state of Louisiana. This will provide an additional 100 acres for expansion including canal dredging to create waterfront property. With continued infrastructure improvements, the port's intermodal footprint, skilled labor availability, and our Get-It-Done track record, there is no better place for your business than the Port of Iberia." Incoming Port of Iberia Board of Commission President. Danny David, presents a plaque to outgoing President Mark Dore. P.O. Box 9986, New Iberia, LA 70562-9986 · Phone (337) 364-1065 · Fax (337) 364-3136 - E-mait: info@portofiberia.com - www.portofiberia.com UPDATE SPRING 2021 ORTOF IBERIA The Gulf Coast Cajun Connection Craig F. Romero - Executive Director Danny J. David - President Roy A. Pontiff - Vice-President Shane M. Walet - Secretary-Treasurer Simieon d. Theodile, Sr. | E.R. "Smitty" Smith, II Patrick Broussard | Mark T. Doré PRIME PROPERTY AVAILABLE - CALL 364-1065 AGMAC UPDATE The Port of Iberia is another step closer in deepening the Acadiana Gulf of Mexico Access channel (AGMAC) to a 16 feet from the port to the Gulf of Mexico via the Intracoastal Canal. Work on lowering the first of three pipelines as required by the Corps of Engineers has begun. To prepare for dredging the pipelines will be lowered at the Commercial Canal between the port and the Intracoastal Waterway. The second and third pipeline lowering is scheduled for early summer. Funds have been appropriated by the state of Louisiana for the estimated cost of $5.4 million per pipeline. The Port Commissioners anticipate advertising for dredging bids by late summer. MESSAGE FROM EXECUTIVE DIRECTOR AGMAC Ad AO "Good things are happening at the Port of Iberia, despite the challenges of the past year. Several companies are providing products and services to the Liquid Natural Gas industry. Longtime port business, The Bayou Companies, continues to maintain a high activity level with pipe coating for various LNG plant connections. Chart Industries is busy with production of cold boxes and brazed aluminum heat exchangers for multiple LNG export terminal projects in the Louisiana Texas coast. RedGuard, an expert in design and building of blast-resistant buildings, is also busy with industrial plant work. The port's newest tenant, Seadrill, is in the final stages of establishing a shorebase for their Western Hemisphere operations. This shorebase will maintain an inventory of parts and components for drill ships across the world. DANNY DAVID SELECTED AS BOARD PRESIDENT Danny J. David was recently selected to serve at President of the Port of Iberia Board of Commissioners. He replaces outgoing President Mark Dore'. David was appointed to the Board by the Iberia Parish Council in 2008. David is a lifelong resident of New Iberia and owns David Mortuary, LLC, David Marble & Granite, Inc., and Beau Pre Memorial Park, Inc. Craig Romero, Executive Director Millennium Expansion Phase II is moving forward with recent acquisition of 40 acres from Bernard Port Properties, LLC. $2.4 million in capital outlay funds have been approved by the state of Louisiana. This will provide an additional 100 acres for expansion including canal dredging to create waterfront property. With continued infrastructure improvements, the port's intermodal footprint, skilled labor availability, and our Get-It-Done track record, there is no better place for your business than the Port of Iberia." Incoming Port of Iberia Board of Commission President. Danny David, presents a plaque to outgoing President Mark Dore. P.O. Box 9986, New Iberia, LA 70562-9986 · Phone (337) 364-1065 · Fax (337) 364-3136 - E-mait: info@portofiberia.com - www.portofiberia.com