Hanjin Shenzen

In a new study of the economic impacts of United States seaports on the nation economy, including those of the Port of New York and New Jersey, the evidence is overwhelming: seaports deliver prosperity. An updated report of the benefits that U.S. ports contribute to the prosperity of the nation was released on April 21 at the American Association of Port Authorities’ (AAPA) 2015 Spring Conference meeting in Washington, D.C. There, Dr. John Martin, president of Lancaster, Pa.-based Martin Associates, a leading provider of economic and strategic assessments of the world” transportation systems, debuted his firm” 2014 National Economic Impact of the U.S. Coastal PortRead More →

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In: Econ Insight, Industry News/Advisory

Staff from The Port Authority of New York and New Jersey presented a plaque to Captain Ho Lee, Master of the Hanjin Shenzhen, to commemorate the vessel’s inaugural port call at Global Terminals on Thursday, April 23, 2015. The Shenzhen is part of the Vessel Sharing Agreement with United Arab Shipping of Atlanta, GA; China Ocean Shipping Company of Montvale, NJ; and CMA-CGM of East Rutherford, NJ. Hanjin is headquartered in Paramus, NJ. The IMU Service (India/Mediterranean/USA, also known as the MINA Service) calls ports in India, Pakistan, Dubai, Saudi Arabia, Egypt, Italy, and Spain, offering weekly first port of call service to the PortRead More →

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In: Maiden Voyage/Inaugural Port Call, Terminal News
WTW anniversary button

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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In: Events, Industry News/Advisory
portcrane

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 →

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In: Environmental Initiatives, Industry News/Advisory, New Programs
SHIP UNDER BAYONNE BRIDGE

The strengthening economy, re-routed cargo from the West Coast, plus shifting trade routes and business trends have bumped overall cargo volumes more than 10 percent at the Port of New York and New Jersey for the first two months of the year. January volumes rose 7.8 percent over the previous year while February volumes increased by 13.8 percent. For the same two months, the port logged a 15.9 percent increase in total lifts via ExpressRail, the Port Authority’s dedicated rail system. Vehicle traffic rose as well, with 67,345 vehicles calling the port in January/February 2015 compared to 48,532 for the same two months in 2014Read More →

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In: Cargo Volumes, Terminal News