June was a big month for autos at the Port of New York and New Jersey. A total of 54,441 autos moved through the Port in June, representing a 34.3 percent increase over the previous year. Auto volume for the period of January through June 2019 also shows significant gains, rising by 6.4 percent when compared to the same period of 2018. Total volume at the Port of New York and New Jersey remains at record-breaking levels. Total volume from January to June 2019 was 3,652,841 compared to 3,450,469 for the same period of 2018, a 4.4 percent increase. After five straight months of record-settingRead More →

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In: Cargo Volumes, Monthly Cargo Volumes

On Friday, July 19, Cape Akritas arrived on its maiden voyage at Maher Terminals at the Elizabeth Port Authority Marine Terminal (EPAMT). The ship’s arrival also marked the first visit for Captain Strongylis Evangelos, a 19-year veteran, along with his 24-person multinational crew. The Captain and crew were greeted by General Manager of the New Jersey Marine Terminal (NJMT), Mike Bozza, for a plaque presentation to commemorate the visit – on behalf of the Port of New York and New Jersey. Cape Akritas was built in 2016 by Hanjin Subic Shipyard and is owned by Athens-based Costamare, operating a fleet of 76 containerships. The shipRead More →

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In: Events, Maiden Voyage/Inaugural Port Call

New framework will build on previous plan, which saw the Bayonne Bridge raised, port channels deepened to 50 feet, container terminals expanded, roadway capacity increased and the ship-to-rail network completed; Master plan released as port is experiencing record growth in cargo volume, pushing it into the position of No. 2 in the nation for the first time in two decades, surpassing the Port of Long Beach The Port Authority today unveiled its “Port Master Plan 2050,” a comprehensive document that lays out a flexible roadmap for the next generation of land-use and infrastructure development projects at the Port of New York and New Jersey, allowing itRead More →

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

The pattern of monthly record-setting volume continued in May at the Port of New York and New Jersey. Total volume for May 2019 was 643,706 TEUs (366,366 lifts), an 8.4 percent increase over May of 2018, which posted 593,625 TEUs (340,890 lifts). The addition of May’s volume brings the yearly total volume to 3,041,814 TEUs, a 7.7 percent increase over the same time period of 2018. Import loads (TEUs) posted double-digit gains in May at the Port of New York and New Jersey, rising by 12.8 percent. Total import loads in May reached 340,680 TEUs (193,482 lifts) compared to 302,081 TEUs (173,092 lifts) the previousRead More →

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In: Cargo Volumes, Monthly Cargo Volumes, Terminal News

Port of New York and New Jersey poised to overtake the Port of Long Beach as nation’s 2nd busiest port due to completion of Bayonne Bridge project and $1 billion in public-private investment in rail; 75% of all container carrier services make NY/NJ first port of call on East Coast; Improved rail capabilities help PANYNJ advance its five-year strategic goal to handle more than 900,000 intermodal rail lifts a year, the equivalent of 1.5 million fewer truck trips on local highways; Port Authority committed to working with its partners to study further enhancements to freight rail networks throughout the region The Port Authority today bolsteredRead More →

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In: Events, Industry News/Advisory, Port Master Plan