Agreement to Boost Asian Trade for Port of NY/NJ
The Port Authority of New York and New Jersey and the Panama Canal Authority will sign an agreement designed to boost trade between Asia and the Port of New York and New Jersey at an 11 a.m. ceremony on Tuesday, June 17, at the Newark Club in downtown Newark, N.J. Asia is the leading trading partner of the New York-New Jersey port, providing a wide range of goods for this region's 18 million consumers, including furniture, sporting goods, footware and toys. There currently are 13 shipping lines that provide service between Asia and the port through the Panama Canal.
AAPA Reports Port Delays
Following yesterday's alleged terrorist attacks on the World Trade Center and Pentagon, individual port authorities around the U.S. activated heightened security procedures, working with the U.S. Coast Guard and other appropriate Federal agencies to ensure the safety and security of America's seaports. The security procedures range from escorts of vessels into and out of ports, to vehicle and ID checks. The only U.S. port that remains closed is the Port Authority of New York and New Jersey. According to a Port Authority official, the Coast Guard and port officials were to meet this afternoon. Following a security risk assessment, and after they received all of the information from local, State and Federal agencies, they were to make a decision about when to open.
NY/NJ Close To Resolving Port Budget
New York and New Jersey are close to reaching an agreement that would break a 17-month deadlock over a port lease that has paralyzed the Port Authority of New York and New Jersey, according to press reports. Neither New York Gov. George Pataki nor New Jersey Gov. Christie Whitman had signed off on the deal as of early Wednesday evening, but both sides expressed hope that the feud might be near an end. According to those with knowledge of the discussions, some of the major terms of the tentative agreement include: Pataki's signing of a 30-year lease for Maersk Sealand's cargo hub at Port Newark-Elizabeth in New Jersey; Whitman's agreement to let the Port Authority spend $250 million on New York transportation projects.…
APM Terminals to invest $70 mln in Port Elizabeth Terminal
The Port of New York and New Jersey is the largest port on the US East Coast and third largest in the United States with 6.37 million TEU handled in 2015. In 2014, The Port Authority of New York and New Jersey committed to a ten year, agency-wide capital investment campaign for transportation infrastructure. Over USD 200 billion in cargo value moves through the port that serves one of the most attractive consumer markets in the United States with a population of 20 million located within three hours of the port.
Maersk Chair Irked By Feud
The chairman of Maersk, the largest shipper at the Port Authority of New York and New Jersey, has reportedly lost patience with a feud between the two states that has put his lease on hold for a year. Tommy Thomsen, said the firm, which handles up to 25 percent of the port's cargo, might rethink its options if the Port Authority fails to quickly approve his lease. Maersk last year selected New York Harbor as its hub port over competing offers from ports such as Baltimore and Halifax, Nova Scotia. New Jersey Gov. Christie Whitman urged New York Gov. George Pataki to let the Port Authority, which the two governors jointly control, approve the Maersk lease. A Pataki spokesman said the governor was considering Whitman's request for a face-to-face meeting.
Port of NY & NJ to Handle Larger Vessels
Port of New York and New Jersey will be able to handle 14,000 TEU vessels toward the end of 2017, says officials at the Port Authority of New York and New Jersey. The planned completion of the 50-foot Harbor Deepening Project later this summer and the anticipated completion of the navigational clearance project at the Bayonne Bridge late next year were cited as proof that the port will find itself prepared to handle new, larger classes of cargo ships within its previously stated time frame. U.S.
Pataki Input Sought In Port Impasse
New York State Comptroller H. Carl McCall has urged Gov. George Pataki to attend the May 25 board meeting of the Port Authority of New York and New Jersey in order to help break a 17-month impasse. "It's time for Governor Pataki to step forward, exert some leadership, and get the Port Authority moving again," McCall is reported to have said in a prepared remark. The logjam has stalled major projects, including approval of a new lease for Maersk Sealand, privatization of the World Trade Center and the lease of air rights over the Port Authority Bus Terminal. Also placed on hold was a $3.9 billion capital and operating budget, which was expected to be voted on at last month's board meeting.
ILA Members Attend USACE Hearing
Thousands of ILA members from the Port of New York and New Jersey attended a public hearing called by the USACE in Fort Monmouth, N.J. to demonstrate support for dredging projects which they say are needed to protect their jobs and the port's future. ILA Locals throughout the port say members are outraged the USACE has reopened the public comment period on a dredging permit which has already been issued to Brooklyn Marine Terminal. They say such an action jeopardizes the Port of New York and New Jersey to continue to take clean, uncontaminated dredged material to the ocean. They further state objections to this and other dredging projects runs counter to the 1996 agreement negotiated by Vice-President Al Gore with the maritime industry, labor and environmental groups.
EPA – Cleaner Air Emissions from SI Ferries
A on the Staten Island ferry will not only be free, it will be clean - and that's just the beginning of a region-wide effort to clean up the ports in the Northeast, according to the U.S. Environmental Protection Agency (EPA). EPA today joined the Port Authority of New York and New Jersey, the New York City Department of Transportation and the U.S. Army Corps of Engineers in highlighting the successful clean up of diesel emissions from one of the ferries that transports 19 million people to and from Staten Island each year. Retrofitting the ferry, Alice Austen, has already cut emissions of 16.5 tons of nitrogen oxides (NOx) per year and slashed particulate matter (PM) by 25 percent.
Meetings to Resolve Environmental/Dredging Issues
The Port Authority of New York and New Jersey has asked the USACE and the EPA to convene a series of meetings to clarify the facts underlying a current dispute threatening both the environmental remediataion of a former ocean disposal site and the continued dredging of vital maritime ports in New York and New Jersey. "The Historic Area Remediation Site (HARS), the former 'mud dump' site six miles offshore in the Atlantic Ocean, must be sealed with clean fill to prevent material from escaping into the ocean," said Lillian Borrone, director of port commerce for the port authority.
Christie, Cuomo Veto Proposed Port Agency Overhaul
The governors of New York and New Jersey vetoed sweeping legislation passed by lawmakers in both states intended to reform the embattled bi-state Port Authority, according to a joint statement released on Saturday. The legislative reforms to the transportation agency were passed as federal prosecutors investigate "Bridgegate," in which traffic lanes approaching the George Washington Bridge across the Hudson River were shut for several days in September 2013 in what many suspect was a politically motivated move by New Jersey Gov. Chris Christie's administration. Christie, chairman of the Republican Governor's Association and a potential presidential candidate…
Giant Container Terminal Expansion for U.S. Port
Global Container Terminals Inc. 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.
Port of Albany to Get $3.3M for Container Barge Service
NYS Department of Transportation Commissioner John Boardman, Port Authority of New York/New Jersey Executive Director Joe Seymour and Albany Mayor Gerald D. Jennings joined the Governor at the Port today. The funding enables the Port of Albany to be a full partner in the Inland Distribution Network, a system of satellite facilities for the Port Authority of New York and New Jersey. Albany Mayor Gerald D. Jennings gave great praise to the governor for his help on this project, and also highlighted the dedication of local people involved with the Port that helped Albany become a key inland site for the distribution network. “Thanks to the Governor’s recognition of the great potential which lies within the wharves and warehouses of the Port…
State Assembly to Hear Port Concerns
A dispute over the pending takeover of major U.S. shipping terminals, including Port Newark in New Jersey, will be addressed February 27 by state lawmakers. The state Assembly Homeland Security and State Preparedness Committee is to consider a resolution condemning the Bush administration's approval of a deal permitting a firm owned by the United Arab Emirates government from taking over operations at the northern New Jersey container terminal. The committee will also consider other resolutions demanding that President Bush reconsider and reverse the decision involving Dubai Ports World. The Bush administration has been assailed in Congress by Republicans and Democrats for permitting Dubai Ports World to assume port operations.
U.S. Port Introduces Air Clean-up Incentive for Ships
As part of the agency’s ongoing initiatives to be a good steward of the environment, the Port Authority Board of Commissioners has approved an incentive program for ocean vessels that call on the Port of New York and New Jersey. The three year, $4.875 million Ocean-Going Vessel Clean-Vessel Incentive (CVI) program aims to encourage ship operators to improve their engines, use cleaner fuels, and upgrade their technology to reduce emissions from ocean-going vessels, which are the largest source of air pollutants at port-related facilities. The Port Authority anticipates approximately 600 vessels a year will participate in the CVI program, which will provide annual emission reductions of 182.2 tons of nitrogen oxide, 38.3 tons of particulate matter, and 264.1 tons of sulfur dioxides.
Port of NY/NJ to Get More Funding
Annual funding to protect the perimeters of New York's and New Jersey's ports will be boosted nearly fourfold, the Department of Homeland Security was to announce Monday. The increase, from $6.6 million to $25.7 million, follows a public outcry sparked in June, when the agency decided to slash New York City's share of terror grants for cities by 40 percent, or $83 million. The new money is meant to help ports guard against attacks by land or sea but is not designed to pay for cargo screening or container inspections. The change in funding was confirmed Sunday by Rep. Peter King, R-Long Island, who chairs the House Homeland Security Committee. In justifying their decision to cut New York's share, federal authorities said their review process found no national monuments or icons in the city.
Port of NY/NJ Deepened for Larger Box Ships
The Port of New York & New Jersey, in partnership with the U.S. Army Corps of Engineers, has completed a $2.1 billion Main Navigation Channel Deepening Program in order to facilitate the next generation of larger containerships calling the port following the expansion of the Panama Canal. The Port of New York and New Jersey serves as the gateway to one of the most concentrated and affluent consumer markets in the world. The Main Navigation Channel Deepening Program creates a safe…
U.S. seeks records on NY-NJ Port Authority chairman
(Reuters) - Federal prosecutors in Manhattan have subpoenaed the Port Authority of New York and New Jersey for records regarding the business dealings of the agency's chairman, David Samson, according to media reports on Monday. U.S. Attorney Preet Bharara is interested in particular in any potential conflicts of interest between Samson's role as chairman and his private law firm, Wolff & Samson, The Wall Street Journal reported, citing anonymous sources. Pressure has been building on Samson, an appointee of New Jersey Governor Chris Christie, since his name surfaced in documents related to September lane closures at the George Washington Bridge, which caused gridlock over four days as an alleged act of political retribution against a New Jersey mayor.
NY/NJ Port Authority Market Share Edges Upward
The Port Authority of New York and New Jersey reported that its market share edged slightly higher last year, chalking up a 1.2 percent gain when compared with other eastern U.S. ports, outpacing its fiercest competitor Halifax, whose share rose only eight-tenths of a percentage point. Some $82 billion of goods flowed through the New York Harbor terminals in 2000, an increase of 13 percent over the previous year, according to a statement by New York Gov. George Pataki. Acting New Jersey Gov. Donald DiFrancesco estimated the port supported more than 166,000 jobs and contributed $20 billion to the regional economy. The governors of New York and New Jersey…
NY/NJ OKs $4.6B Budget
The Port Authority of New York and New Jersey approved a $4.6 billion 2001 budget, which includes more than $2 billion in capital spending, a record amount for the bi-state agency. The $2 billion represents the first installment of an ambitious five-year $9.5 billion program for bridges, tunnels, airports and other mass transit projects. The Port Authority plans to fund its 2001 capital projects with a mix of $1 billion in bonds and notes and $550 million from reserve funds. Airport passenger facility charges and federal funds will make up the rest, said Charles McClafferty, chief financial officer of the Port Authority. Aviation projects accounts for nearly half of the capital spending at about $1 billion.
Congress Approves More than $130M for Port of NY/NJ Projects
Critical channel-deepening and environmental projects at the Port of New York and New Jersey will continue to advance under a funding bill approved this week by Congress. The deeper channels will allow new, larger ships to enter the harbor, maintaining the port’s competitive edge as the leading port on the east coast of North America. The fiscal year 2004 Energy and Water Development appropriations bill, which funds U.S. Army Corps of Engineers civil works projects, includes $110 million for channel-deepening projects in the port. The funding will allow for the continuation of federal channel-deepening projects under construction in the Kill van Kull-Newark Bay, the Arthur Kill and Port Jersey channels.
Seebald Wins Port Authority Bid for Security Officer Training
Buffalo, N.Y. – Seebald and Associates International announced that they have been awarded a two- year contract with the Port Authority of New York and New Jersey (PANYNJ) to provide Facility Security Officer (FSO) training to approximately 400 individuals throughout the Port of New York and New Jersey. All Facility Security Officers (FSO) and alternates for companies which own or operate a designated 105 facility are required by law to be trained in accordance with 33 CFR 105. Seebald and Associates International has taught their MARAD Certified course to over 2000 individuals throughout the United States and is recognized in the Maritime Security Field. Its instructors have decades of experience in the Maritime Security as Coast Guard Officers and professional instructors.
NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016
The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday. Although next year's debt issuance represents a decline from this year, the Port Authority has access to an additional $1.2 billion from the unspent proceeds of previous bond issuance. The issuance figure does not include refunding. With refunding the actual amount of debt issued in 2015 was $3.3 billion, the Port Authority said. A total of $3.5 billion of the 2016 budget will fund capital spending, a decrease of 3.4 percent compared with 2015. Operating expenses are seen rising 2.8 percent to just over $3 billion.