In a groundbreaking move, the Port Authority of New York and New Jersey has announced a 33-year lease extension with APM Terminals, operator of the region’s second-largest container terminal.
The agreement, to run through 2062, marks a milestone in the port’s development and sets a new standard for container terminal contracts.
The deal includes substantial commitments from APM Terminals, a division of Danish shipping conglomerate A.P. Moller–Maersk (OTC: AMKAF). The company will invest over...
The Port Authority of New York and New Jersey (PANYNJ) and A.P. Moller – Maersk today announced they had reached a landmark 33-year lease extension for APM Terminals Elizabeth, the port’s second-largest container terminal.
This agreement includes major investments and capacity enhancements by APM Terminals at the container terminal, setting a new framework for container terminal agreements and further strengthening the East Coast’s busiest port to meet rising cargo demand.
APM Terminals lease...
Danish A.P. Moller – Maersk and the Port Authority of New York and New Jersey (PANYNJ) will continue their long-lasting partnership well into the second half of the 21st century. The two companies agreed to extend the lease of the APM Terminals Elizabeth’s lease by 33 years through December 2062....
https://gcaptain.com/maersk-and-port-of-new-york-and-new-jersey-agree-on-33-year-lease-extension/
Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth’s lease through December 2062.
The deal was originally set to expire in 2029, but the lease extension marks a significant milestone in the company’s partnership with the US port, which dates back over a century.
The 33-year lease extension paves the way for major infrastructure investments, which will enhance capacity and transport velocity, create jobs and strengthen the US economy,...
Finnish port equipment manufacturer Kalmar has signed an agreement with Maersk’s port operating arm APM Terminals to modernise 32 Kalmar straddle carriers operating at MedPort Tangier in Morocco.
The large order was booked in Kalmar’s Q1 2025 order intake, with the modernisation programme scheduled to begin in the second quarter of 2025 and be completed by the end of the first quarter of 2026.
Opened in 2019, APM Terminals MedPort Tangier is a transshipment terminal located at the Tanger Med 2...
The Plaquemines Port Harbor and Terminal District has rebranded as the Louisiana Gateway Port, part of a strategic move to establish itself as one of America’s leading maritime hubs. The…
The Plaquemines Port Harbor and Terminal District has announce its rebranding as the Louisiana Gateway Port. It says the move reflects the port’s commitment to growing as a premier maritime hub and a gateway for global trade.
In the next five years, the Louisiana Gateway Port is projected to become the fifth largest U.S. port by tonnage. Located at the closest point on the Mississippi River from the Gulf of Mexico, the port has several key advantages:
https://www.marinelog.com/news/plaquemines-port-rebrands-as-louisiana-gateway-port/
Gremios transportistas y agentes aduaneros protestan y analizan posible paro por “ineficiente servicio”.
https://logistica360.pe/congestion-en-puerto-del-callao-genera-perdida-de-us-288-millones-al-ano/
Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals, has signed an agreement with Shanghai Zhenhua Heavy Industry (ZPMC) to acquire 58 eco-efficient electrified rubber-tyred gantry (e-RTG) cranes.
PTP CEO Mark Hardiman and ZPMC Vice President Celilia Shen Qiu Yuan signed the agreement on 3 February 2025.
PTP Chairman Tan Sri Che Khalib Mohamad Noh emphasized that this investment aligns with PTP’s expansion strategy, enhancing efficiency and sustainability in...
https://container-news.com/port-of-tanjung-pelepas-orders-58-new-electrified-rtg-cranes/
La inversión en este proyecto asciende a US$ 95 millones. Muelle norte atiende el 73 % de la carga de trigo, el 54 % de maíz y el 100 % de cebada que llega al país.
https://logistica360.pe/muelle-norte-del-callao-aumentara-capacidad-de-25000-a-85000-toneladas/