Governor Andrew M. Cuomo and Governor Chris Christie today announced that the eastbound lane of the new Goethals Bridge will open to New Jersey-bound traffic late Sunday afternoon, June 11, 2017. This event will follow closure of the original 89-year-old Goethals Bridge on Friday evening, June 9, 2017. The old Goethals Bridge was completed in 1928. The new Goethals Bridge represents the first bridge built by The Port Authority of New York and New Jersey in more than 85 years. The $1.5 billion project to build a cable-stayed crossing over the Arthur Kill between Staten Island, New York and Elizabeth, New Jersey represents a majorRead More →

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In: Capital Investments, Events, Industry News/Advisory

Governor Chris Christie announced today the early completion of a new navigational clearance level at the Bayonne Bridge. The new clearance of 215 feet will allow environmentally friendly cargo vessels of up to 18,000 TEUs to access marine terminals in Elizabeth, Newark, and Staten Island. The Bayonne Bridge’s lower roadway removal was completed seven months ahead of a revised year-end schedule to increase clearance capacity from 151 feet and the maximum vessel size from 9,800 TEUs. “This historic project will create all kinds of jobs and billions of dollars in activity to New Jersey and this region,” Governor Christie said. “All major shipping lines willRead More →

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

The latest Clean Vessel Incentive (CVI) program offered by The Port Authority of New York and New Jersey is off to a flying start. Twenty-one companies enrolled in the Port Authority of New York and New Jersey’s latest CVI during Q1 2017 for an increase of 24 percent over companies who enrolled in Q1 2016. In addition, 272 qualifying vessels registered with the CVI program during Q1 2017 representing an increase of 7 percent over Q1 2016. Financial incentives earned by CVI participants in Q1 2017 totaled $515,500, which represents an increase of 32 percent compared to Q1 2016. “These are very encouraging numbers,” saidRead More →

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In: Environmental Initiatives, Industry News/Advisory

In 2014, Global Container Terminals (GCT), a tenant of the Port of New York and New Jersey joined Green Marine, a voluntary environmental certification program for the North American marine industry. Through its set of 12 performance indicators, Green Marine sets higher benchmarks for air, land, and water emissions than those set by government regulations so that the entire maritime industry can work toward a more sustainable future. During its recent re certification process, each of GCT’s four terminals achieved higher scores than they set in their initial certification in each of Green Marine’s indicators. This accomplishment was sufficient to award GCT the “Excellence &Read More →

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In: Environmental Initiatives, Industry News/Advisory

The Metropolitan Rail Freight Council (MRFC), a coalition of public and private organizations dedicated to promoting greater rail freight use in the New York-New Jersey metropolitan region, has released its first Action Plan. The Port Authority of New York and New Jersey (PANYNJ) is a founding member of the MRFC, along with the New York City Economic Development Corporation (NYCEDC). The Action Plan is a guidance document outlining recommended steps to create growing rail freight capacity and volumes while investing in and preserving rail freight infrastructure, creating quality jobs, promoting environmental sustainability, creating an infrastructure bank, and ensuring a more resilient freight supply chain forRead More →

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In: Cargo Volumes, Industry News/Advisory