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Port of South Louisiana says it's in final talks to buy Avondale; officials tight-lipped on price

Por: The Advocate Business July 29, 2023

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The Port of South Louisiana said Friday that it has completed its due diligence and is in final negotiations with T. Parker Host over its potential purchase of the former Avondale shipyard.The port also said that it is aiming to seek financing for the deal from the Louisiana State Bond Commission in September if final terms can be reached. Officials did not reveal, however, what price is currently being discussed. The port  shipyard for $445... + full article



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