(The Advocate, Aug. 8, 2016) “Plaquemines, New Orleans and Baton Rouge are among the 10 ports worldwide that face the greatest financial risk from disasters, according to risk management firm RMS Inc. … Plaquemines had the third-highest potential loss, with an estimated catastrophe loss of $1.5 billion. Plaquemines' vulnerability to hurricanes and the type of cargo it handles, like other Gulf of Mexico ports, increased its catastrophe risk, according to RMS. New Orleans ranked No. 5 at $1 billion in potential catastrophe losses. Baton Rouge ranked No. 8 with $800 million in potential losses” (read more).

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The full report is available on the RMS, Inc. website.