Giant Container Terminal Expansion for U.S. Port

Global Container Terminals Inc. unveils multi-million dollar expansion plan to develop a container terminal in  Port Of New York & New Jersey

Global Container Terminals Inc., a leading North American marine terminal operator with facilities on both coasts, has unveiled final plans for a multi-million dollar expansion project to develop a 70-acre technologically advanced container terminal on the Bayonne, NJ, waterfront. When complete, Global Terminal at Port Jersey will be the most advanced marine terminal in the Port of New York and New Jersey.

The expanded facility, scheduled to open in 2014, will improve the competitiveness of the Port of New York and New Jersey with a world-class terminal designed to handle the largest container vessels at greater throughput density per acre. New container handling technology will achieve higher efficiency while improving safety and security for the International Longshoremen's Association (ILA), AFL-CIO workforce.

"The new Global development project, in addition to the many improvements currently underway, clearly demonstrates a long-term commitment from the Port Authority of New York and New Jersey to protect the port's preeminent position as a critical U.S. gateway for global commerce," said James Devine, President and CEO, Global Container Terminals USA.

The Port Authority acquired the land for the project adjoining Global's existing facility in 2007, ensuring that scarce waterfront property would be used for waterfront business. A new shared gate configuration on the Port Jersey peninsula for both the existing Global facility and the new expansion area will increase trucking efficiency while mitigating potential environmental impact. In addition, Global Terminal will offer seamless intermodal rail connections via the adjacent redeveloped Greenville rail transfer facility.

From the start, the Global project will create significant employment opportunity through both the construction phase and operation of the facility. ILA labor will continue to be used at the existing Global facility as well as the new expansion area. "We anticipate adding more advanced job opportunities as we improve the competitiveness and throughput of the port," said Mr. Devine. "We will provide the training as well as the job opportunities for ILA workers to transition into the next generation of container handling. At Global and at New York Container Terminal in Staten Island, we want to continue building a vibrant working waterfront in the Port of New York and New Jersey."