Governor Kathy Hochul and the Port Authority of New York and New Jersey (PANYNJ) announced a significant new investment to expand and enhance the Howland Hook Marine Terminal on Staten Island, resulting in the creation of more than 300 jobs, preserving this location as an important economic generator for the island.
A modified lease deal between the Port Authority and the facility’s new operator, multinational shipping and logistics business CMA CGM, secured an investment of US$200-300 million,...
https://container-news.com/deal-between-panynj-and-cma-cgm-secures-significant-terminal-investment/