Ocean liner shipping services have been diversifying operations to include terminal operations, a trend in maritime trade that is becoming more predominant, port experts say.
On Aug. 23, the Port of New Orleans gave authority to President and CEO Gary LaGrange to enter into a lease with a new joint venture, New Orleans Terminal LLC, between Ceres Gulf Inc. of Weehawken, N.J., and Swiss-based Mediterranean Shipping Co. for operations at the Napoleon Avenue Container Terminal.