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Two organizations and one individual from the Port of New York and New Jersey will receive awards at a breakfast ceremony to be held May 11, 2015 as part of World Trade Week. The keynote speaker at this event will be Fred Dixon, President and CEO of NYC & Company. Now in its 10th year, World Trade Week is part of an annual celebration of international trade observed by business and trade-related organizations across the United States. According to the website for World Trade Week NYC, its mission is “to promote the importance of international trade to the New York City metropolitan economy. New YorkersRead More →

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Continuing its unique seven-year streak, the Port of New York and New Jersey once again achieved the coveted International Organization for Standardization (ISO) 14001 Certification for its Environmental Management System (EMS) this March. According to ISO’s website, the 14001 standard “maps out a framework that a company or organization can follow to set up an effective environmental management system.” An ISO survey revealed that the majority of 14001-compliant organizations see their certification as a valuable tool for meeting legal requirements and improving environmental performance while bestowing a competitive edge and some financial benefits. While the U.S. boasts 360 seaports, less than 10 are currently ISORead More →

TIANJIN

The Port Authority of New York and New Jersey presented a commemorative plaque to Captain I. Wlodarczyk of the Zim Tianjin. To date, the Tianjin is the largest container vessel to call the Port of New York and New Jersey. The Tianjin called at Global GCT Bayonne and discharged cargo in it first rotation through the port. Zim Lines has once again become owner and operator of the vessel after its charter expired with another major ocean carrier. The Tianjin is one of the four largest ships in Zim’s fleet and will soon be sailing in one of the many trade lanes Zim operates worldwide.Read More →

LETTIE G. HOWARD SAILING VESSES PRESS EVENT

On behalf of the Port Authority of New York and New Jersey, Pat Foye, the agency’s Executive Director, will accept the Captain Award, bestowed by the Urban Assembly New York Harbor School of the New York Harbor Foundation. This year’s Harbor School Awards Dinner will be held on March 18, 2015 at the New York Yacht Club. Award, bestowed by the Urban Assembly New York Harbor School of the New York Harbor Foundation. This year’s Harbor School Awards Dinner will be held on March 18, 2015 at the New York Yacht Club. New York Harbor School’s mission is to provide a college-preparatory education built uponRead More →

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On Wednesday December 10, 2014, the Port Authority Board of Commissioners adopted a fiscally responsible $2.9 billion Operating Budget and a $3.6 billion Capital Budget that funds critical infrastructure at the agency’s port facilities, airports, tunnels, bridges, PATH system, and World Trade Center site. Combined, the agency’s budget for 2015 totals $7.8 billion, which includes debt service. The overall Capital Budget will support 7,320 direct job-years and direct payroll wages of $674.7 million. Including indirect and induced effects, the total economic activity impact amounts to 16,730 total job-years, $1.1 billion in wages, and $4.7 billion in economic activity. Some additional noteworthy points: The $2.9 billionRead More →