New legislation will give Louisiana importers and exporters a $5 per-ton tax credit on breakbulk or containerized cargo on oceangoing vessels through a Louisiana public port authority.

Shrinking cargo tonnage led the seven-member board that oversees the Port of New Orleans to cut expenses and adopt a conservative 2010 budget during the monthly meeting June 18.

Bill Connor, a shipping industry veteran with 30 years of experience, recently joined the Port of New Orleans staff as Manager of Northeast Sales.

Dethroned Ports

A conceptually convenient way of depicting liner shipping’s recent history is as a series of technological breakthroughs or “revolutions.” First was the container ship, which revolut