| New Orleans is home to one of the largest and busiest ports in the world, and metropolitan New Orleans is a center of maritime industry. The New Orleans region also accounts for a significant portion of the nation's oil refining and petrochemical production, and serves as a white collar corporate base for onshore and offshore petroleum and natural gas production.
The Port of New Orleans is the 5th-largest port in the United States based on volume of cargo handled, second-largest in the state after the Port of South Louisiana, and 12th-largest in the U.S., based on value of cargo. The Port of South Louisiana, also based in the New Orleans area, is the world's busiest in terms of bulk tonnage and, when combined with the Port of New Orleans, it forms the 4th-largest port system in volume handled. Many shipbuilding, shipping, logistics, freight forwarding and commodity brokerage firms either call metropolitan New Orleans home or maintain a large local presence. Examples include Intermarine, Bisso Towboat, Northrop Grumman Ship Systems, Trinity Yachts, Expeditors International, Bollinger Shipyards, IMTT, International Coffee Corp, Boasso America, Transoceanic Shipping, and Silocaf. The largest coffee-roasting plant in the world, operated by Folgers, is located in New Orleans East.
Like Houston, New Orleans is located in proximity to the Gulf of Mexico and the many oil rigs that lie just offshore. Louisiana ranks fifth in oil production and eighth in reserves in the United States. It is also home to two of the four Strategic Petroleum Reserve (SPR) storage facilities: West Hackberry in Cameron Parish and Bayou Choctaw in Iberville Parish. Other infrastructure includes 17 petroleum refineries with a combined crude oil distillation capacity of nearly 2.8 million barrels per day (450,000 m3/d), the second highest in the nation after Texas.
A top 50 research university, Tulane University, is located in New Orleans' Uptown neighborhood. Metropolitan New Orleans is a major regional hub for the health care industry and boasts a small, globally-competitive manufacturing sector. New Orleans Info Source
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non-hydrocarbons, i.e. derivative products: alkenes (olefins), lubricants (light machine oils, motor oils, and greases), wax (used in frozen food packaging),
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