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In 2011, PANYNJ restructured the lease of a major tenant, Port Newark Container Terminal (PNCT), whose owner had been subject of the Dubai Ports World controversy. The agreement calls for a 20-year extension of PNCT's existing lease through 2050, subject to PNCT's investment of $500 million and an expansion from 180 acres (73 ha) to about 287 ...
The Elizabeth Marine Terminal), located on Newark Bay in Elizabeth, New Jersey, has the oldest and largest ExpressRail facility, opened inOriginally started by the Port Authority of New York and New Jersey (PANYNJ) it is now operated and managed by subcontractor Millennium Marine Rail, a joint venture of Maher Terminals and APM Terminals, the major lessees and operators at the container terminal.
Terminals are leased to different port operators, [58] such as A. P. Moller-Maersk Group, American Stevedoring, [59] NYCT, [60] and Global Marine Terminal. [ 61 ] In June 2010, the Port Authority of New York and New Jersey agreed to purchase from Bayonne 128 acres (0.52 km 2 ) of land at the Military Ocean Terminal at Bayonne , indicating that ...
Rooney says the Port Authority's economist estimated the New York and New Jersey area, which covers 19 counties, to take a hit of between $250-300 million per day as a result of the strike's port ...
When the Bayonne Bridge center span was raised 64 feet for a clearance of 215 feet in 2017 — a $1.7 billion project to make way for larger container ships — part of the construction included ...
Oak Island Yard is a freight rail yard located north of Port Newark-Elizabeth Marine Terminal and Newark International Airport in an industrial area of Ironbound, Newark, New Jersey at 91 Bay Ave., United States. The sprawling complex includes engine house, classification yard, auto unloading terminal
Bergen Point looking northwest to Elizabeth Marine Terminal. Elizabeth is the site of the first English speaking European settlement (1675) in New Jersey, its port at the southern end of the bay a major maritime hub during the colonial era. Jersey Gardens, an outlet mall, has been located north of Elizabethport since 1999. There are plans to ...
The Chemical Coast is a section of Union and Middlesex counties in New Jersey located along the shores of the Arthur Kill, across from Staten Island, New York.The name is taken from the Conrail Chemical Coast Line, an important component in the ExpressRail system serving marine terminals in the Port of New York and New Jersey.