# Time to Go Deep - Biz New Orleans

> Southeast Louisiana maritime interests are pushing to dredge the lower Mississippi River to 50 feet. The U.S. Army Corps of Engineers plans a deeper channel to accommodate larger ships built after the Panama Canal expansion.

- Date: 2018-04-06 · published 2018-04-06T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/65674-time-to-go-deep-biz-new-orleans
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A deeper channel could eventually allow larger vessels to load more grain at Gulf ports, a possible modest support for export basis and ocean freight efficiency, but no near-term price change is implied.

## Read by commodity

- OCEANFRT: neutral

## Sources

- bizneworleans.com: https://bizneworleans.com/time-to-go-deep/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.