Container vessels calling the Port of New York and New Jersey are getting larger and we are serving more of these larger vessels each year.  Just this past weekend we welcomed the CMA CGM Brazil, a 15,072 TEU vessel and the largest to ever call the US East Coast.  One third of the total container volume in the Port through July was shipped on a vessel with a capacity of 10,000 TEU or more. Just three years ago when the Bayonne Bridge Navigational Clearance Project was completed, less than seven percent of all container volume in the Port was transported on a 10,000 TEU or largerRead More →

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In: Industry News/Advisory, Terminal News

The Port of New York and New Jersey welcomes the CMA CGM Brazil to APM Terminals at the Elizabeth Port Authority Marine Terminal on Saturday, September 12, marking another milestone as the largest vessel to call upon a U.S. East Coast port. Built in 2020, the 366-meter-long (1,200 feet), 51-meter-wide (167 feet) container ship drawing 47.5 feet of water, has a capacity of 15,072 TEUs.   The landmark arrival of the CMA CGM Brazil showcases the Port’s ability to handle the world’s largest container ships, an outcome of  The Port Authority of New York and New Jersey’s key investments over the past few years. Improvements such as the Bayonne Bridge Navigational Clearance Program, which increased the air draft of the bridge to 215 feet, inRead More →

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In: Capital Investments, Events, Industry News/Advisory, Maiden Voyage/Inaugural Port Call, Terminal News

Capital investments on behalf of The Port Authority of New York and New Jersey result in the long-term economic growth for the port industry, according to the 2020 Economic Impact Study by the New York Shipping Association. Investments close to $2.9 billion across projects spanning waterside, terminal, and landside infrastructure and equipment have reshaped and repositioned the Port to meet 21st-century needs. The raising of the Bayonne Bridge in 2017, has enabled neo-Panamax vessels exceeding 14,000 TEUs to call on all container terminals at the Port of New York and New Jersey. Additional significant investments included terminal buildings and berths, cargo handling equipment, intermodal railRead More →

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In: Capital Investments, Econ Insight

Volumes at the Port of New York and New Jersey rose across the board in July compared to the previous month. The effects of COVID-19 impacted June’s total volume numbers, but July’s total volume increased to 607,463 TEUs (342,124 lifts) compared to 511,306 TEUs (290,454 lifts) in June. July’s total volume numbers show an 8.4 percent decrease compared to July 2019, which had 662,994 TEUs (376,135 lifts). July’s numbers bring our year to date total to 3,973,088 TEUs (2,249,186 lifts). Imports for July totaled 328,864 TEUs (184,667 lifts) versus 338,728 TEUs (191,691 lifts) in July 2019, a 2.9 percent decrease. For January through July 2020,Read More →

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In: Cargo Volumes, Monthly Cargo Volumes, Terminal News

The Port of New York and New Jersey continues to serve as an integral part of the economic performance of the region, according to the 2020 New York Shipping Association Economic Impact Study. The port industry grew substantially, supporting over 500,000 jobs and $147 billion in economic activity, including federal and state tax revenue, business and personal income. Inclusive of this report is the Port’s 2019 record-breaking performance with: More than 7.4 million 20-foot equivalent containers (TEUs) Close to 578,000 vehicles Over 49.8 million tons of bulk cargo Nearly 140,000 tons of breakbulk cargo 304 cruise vessels In general, maritime operations through the Port haveRead More →

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In: Cargo Volumes, Econ Insight, Workforce Development