New Jersey Governor Phil Murphy announced earlier in February that the Port Authority of New York and New Jersey, several Port of New York of New Jersey tenants, and other agencies and organizations across the state would receive more than $100 million for clean, equitable transportation projects. The funds were allocated from the state’s participation in the Regional Green House Gas Initiative (RGGI) and the Volkswagen Environmental Mitigation Trust, a legal settlement from the carmaker over emissions cheating claims.   The Port and other organizations will use its share of the funds for electrification programs, helping the Port Authority and the seaport with its goals of reducing carbon emissions in its operations, improving air quality and reducing the effects of climate change.   Approximately $36 million was allocated to reducing diesel and carbon emissions in New Jersey communities historically affected most by pollution through the electrificationRead More →

The Lunar New Year, which began this year on February 12, marks a weeks-long holiday that brings together millions from across Asia. While workers take leave to reunite with their families to celebrate the new year, global commerce braces for a disruption of the supply chain worldwide, from ports to shippers and other business stakeholders. This holiday is significant because many U.S. businesses are directly linked to Asian factory production, with most coming from China. During the holiday, production in Asian factories slows and ocean-going cargo volumes drop. The coronavirus pandemic further amplified the effect on production and cargo last year. At the start ofRead More →

On Saturday, May 16, the Port of New York and New Jersey welcomed the MV Hyundai Hope at GCT Bayonne – marking the return of the ocean carrier formerly known as Hyundai Merchant Marine but now branded as HMM, after a three-year hiatus. The celebratory occasion was commemorated through a plaque presentation made by Rado Saragih, Manager, Maritime Industry Relations at The Port Authority of New York and New Jersey. Hyundai Hope, a 13,154 TEU vessel, under the command of Captain LEE, SHO RYONG – represents another significant development as HMM officially became the fourth member of THE Alliance (THEA). Originally formed in 2016, otherRead More →