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 →

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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 →

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In: Cargo Volumes, Events, Industry News/Advisory