The Port of New York & New Jersey today announced completion of the port’s $2.1 billion Main Navigation Channel Deepening Program, in partnership with the U.S. Army Corps of Engineers. The program constitutes a major milestone in the port’s ongoing efforts to retain and augment its position as the premiere port of the North American East Coast. The Port of New York and New Jersey serves as the gateway to one of the most concentrated and affluent consumer markets in the world. The Main Navigation Channel Deepening Program creates a safe and economically efficient pathway for the newest generation of container ships calling the PortRead More →

On:
In: Capital Investments, Cargo Volumes, Environmental Initiatives, Events, Industry News/Advisory

Launched in January 2016, the Clean Vessel Incentive Program (CVI) continues to attract much cleaner vessels to the Port of New York and New Jersey’s constituent marine terminals. For the second quarter 2016, CVI produced 295 qualifying vessel calls, an increase of 87 percent over the second quarter 2015, and an increase of 16% over the first quarter 2016. Incentives earned for the second quarter 2016 totaled $413,000, an increase of 45 percent over the second quarter 2015. Maersk Line had the most qualifying vessel calls with 61, followed by NYK Line (North America) Inc. Evergreen Marine’s Ever Libra recorded the highest Environmental Ship IndexRead More →

On:
In: Environmental Initiatives, Industry News/Advisory

On Friday, July 29, Hyundai Merchant Marine (HMM) sent its first ship in rotation, the Hyundai Saturn, to the Port of New York and New Jersey as part of its five ship commitment to the new “NYX” service calling at GCT Bayonne. An Ultra Large Container Ship (ULCS), the Saturn was on its maiden voyage from the Daewoo Shipyard of Korea after delivery to it owners, Zodiac Maritime of London, England. HMM is the charterer party for the 10,077 TEU ship. The vessel was among the first of its type, which features a unique design, to berth at the Port of New York and New Jersey.Read More →

On:
In: Maiden Voyage/Inaugural Port Call

Two vessels called the Port of New York and New Jersey as part of their maiden voyages on Friday, July 15. Mitsui OSK Lines’ MOL Beyond called GCT Bayonne from Tokyo, Japan while Hanjin Shipping’s Chongqing called Maher Terminals.   The MOL Beyond is part of Mitsui’s five ship commitment to the new “NYX” service calling GCT Bayonne. The neo-Panamax vessel is one of five 10,100 TEU ships that make up the new ten-ship “NYX” service operated by the G6 carrier alliance, making the Port of New York and New Jersey its first port of call. Hyundai Merchant Marine of Korea contributes an additional five-10,000Read More →

On:
In: Maiden Voyage/Inaugural Port Call

Port officials and employees of GCT USA today welcomed the captain and crew of the MOL Benefactor, the first container vessel to transit the expanded Panama Canal locks and visit an East Coast port, and the largest vessel ever to call on the Port of New York and New Jersey. This event signals a new era in shipping as the port continues to handle the largest vessels now transiting the recently expanded Panama Canal locks. The MOL Benefactor is a new Panama class vessel boasting a 10,100 TEUs (twenty-foot equivalent units) cellular capacity. It is the first vessel to visit any East Coast port afterRead More →

On:
In: Cargo Volumes, Events, Industry News/Advisory