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

On Thursday, September 15, the first of approximately 100 containers of waste paper were loaded on a barge at the Red Hook Container Terminal (RHCT), Brooklyn. Later that day, the 300-foot-long, tug-pulled barge made the trip across the Upper Bay, through the Kill Van Kull, and up Newark Bay to Port Newark Container Terminal (PNCT) in 90 minutes. The cargo was then loaded onto Mediterranean Shipping Co.’s (MSC) 8,000 TEU ship, the MSC Anzu, on Sunday, September 18, and shipped to China. This new container-on-barge service between New York and New Jersey is the culmination of two years’ planning and obtaining approvals. In 2014, RHCTRead More →

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In: Industry News/Advisory, New Service Information