Maersk seals 33-year lease extension at port of NY and NJ

Capt. John

AP Moller-Maersk has reached an agreement with the Port Authority of New York and New Jersey to extend APM Terminals Elizabeth’s lease through December 2062. Originally set to expire in 2029, the 33-year lease extension “paves the way for major infrastructure investments which will enhance capacity...

https://splash247.com/maersk-seals-33-year-lease-extension-at-port-of-ny-and-nj/

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