Lease Agreement Secures Major Investments and Capacity Enhancements at Port of New York and New Jersey’s Second-Largest Container Terminal Agreement Establishes New Framework for Public-Private Partnerships and Strengthens Port’s Ability to Handle Growing Cargo Demand, Delivering Goods that Power the Region Proposed Deal Subject to Vote by Port Authority Board of Commissioners on March 27 The Port Authority of New York and New Jersey today announced a landmark 33-year lease extension with APM Terminals, the operator of the Port of New York and New Jersey’s second-largest container terminal. This agreement includes major investments and capacity enhancements by APM Terminals at its container terminal, setting aRead More →

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In: Capital Investments, Industry News/Advisory, Port Master Plan, Terminal News

The Feb. 11 arrival of the OOCL Iris at Maher Terminals marked a significant milestone for the Port of New York and New Jersey. The 16,828 TEU vessel is the largest ship to call on the Port of New York and New Jersey to date, unseating the 16,022-TEU CMA CGM Marco Polo, which arrived on May 20, 2021. A small ceremony was held to celebrate the arrival of Iris and commemorate the milestone. The new container vessel operated by Orient Overseas Container Line (OOCL) traveled from Asia on the 91-day roundtrip Trans-Pacific ECX1 loop, which stops in Hong Kong, Yantian, Xiamen, and Shanghai before arrivingRead More →

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In: Capital Investments, Events, Maiden Voyage/Inaugural Port Call

You’d be forgiven if you thought the last few years in the shipping world felt more like a white-knuckle roller coaster ride than a smooth voyage at sea. But as over 200 regional supply chain leaders came together at the Jersey City waterfront for the 2024 State of the Port of New York and New Jersey, the message was clear: The seaport has emerged stronger after these few years of the unexpected. “It is clear that the state of the Port of New York and New Jersey is strong,” said Port Authority Executive Director Rick Cotton with myriad of harbor activity as his backdrop. “WhatRead More →

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In: Capital Investments, Cargo Volumes, Environmental Initiatives, Events, Industry News/Advisory, Monthly Cargo Volumes

The Port of New York and New Jersey welcomed the CMA CGM MARCO POLO to APM Terminals at the Elizabeth Port Authority Marine Terminal on Thursday, May 20. The arrival set a new record for the largest ship to call on the Port of New York and New Jersey, unseating the CMA CGM BRAZIL, which arrived on September 12, 2020. The CMA CGM MARCO POLO is the largest vessel to call upon any U.S. East Coast port to date and will continue to break records as it sails south to call on other U.S. ports.  Constructed in 2013, the CMA CGM MARCO POLO was the largest container ship inRead More →

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