The Port of Gulfport’s leadership and staff remain diligently focused on economic development and job creation opportunities. In the past 3 years, the Port has signed new maritime tenants, expanded the presence of existing tenants such as Chemours, Dole and Crowley, acquired a 116-acre inland port facility, became the home port for USM’s research vessel R/V Point Sur, and signed a new deal with Chiquita allowing them to return to Gulfport.
The Port’s strategy continues to be diversifying the target industries for the Port and pursuing opportunities in strategic industries that are already strong within Mississippi’s economic development focus. Currently, all of the terminals at the Port of Gulfport are leased except for Terminal #4, which has a Lease Option Agreement with SeaOne Gulfport, LLC.
The Mississippi State Port Authority at Gulfport (MSPA) and the Mississippi Development Authority (MDA) have signed a Lease Option Agreement with SeaOne Gulfport, LLC, advancing the plans to establish a processing facility at the Port of Gulfport to export rich natural gas and natural gas liquids to Caribbean and Central American markets.
The SeaOne Gulfport optioned site is located on Terminal #4 on the West Pier of the Port of Gulfport. Securing this option meets a key milestone for the Port and sets the stage for construction to begin at the site in late 2016. Project development and engineering is ongoing with current plans for commercial operation and a projected in service date in late 2018.
SeaOne Gulfport, LLC is a wholly owned subsidiary of Houston-based SeaOne Holdings, LLC, which in September 2012 confirmed plans to commence development of this project to offer customers located in the Free Trade Agreement (FTA) countries of the Caribbean and Central America access to low cost U.S. rich natural gas and natural gas liquids.
SeaOne has recently exercised their rights to extend the Lease Option Agreement to finalize due diligence and move toward final investment decision.
For more information about SeaOne Gulfport, LLC visit https://seaonecorp.com/gulfport/.