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

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

The completion of CSX Transportation’s DeWitt Rail Yard modernization project offers the potential for the Port of New York and New Jersey to further its goal of moving more freight through its $600 million ExpressRail on-dock rail system. The Port of New York and New Jersey has seen a significant increase in the share of rail cargo to 17 percent of overall volumes as a result of the ExpressRail network expansion, including four operational facilities. The DeWitt modernization project is designed to lower shipping costs and make the region’s commodities more competitive. The enhanced rail yard in Syracuse, operated by CSX Transportation, will provide weekdayRead More →

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In: Capital Investments, Cargo Volumes, Industry News/Advisory, Terminal News