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Port reports strong September revenue, healthy cash flow and ongoing FEMA reimbursements

Board of Commissioners, Port of Lake Charles · October 25, 2024
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Summary

Port staff reported September revenues of $4.7 million (about $1.5M favorable), $2.3M cash flow and approximately $727,000 in FEMA-related reimbursements; operations updates included heavy petroleum coke movement, new loader commissioning and cargo forecasts including large lumber volumes.

Port staff told the Board of Commissioners on Oct. 20 that September produced strong financial results and that operations remain active.

Cameron reported September revenues of $4.7 million, favorable by approximately $1.5 million, driven by strong petroleum coke movement and commissioning of a new loader. Operating expenses were about $2.8 million (roughly $200,000…

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