maher

New York extends Maher lease

The Port Authority of New York and New Jersey today has agreed a 33-year lease extension at Maher Terminals, the largest and busiest container terminal at the Port of New York and New Jersey. The long-term agreement secures operations at the terminal through September 2063 and includes investments in support of the Port Authority’s Port Master Plan 2050, which forecasts cargo volumes doubling or tripling by mid-century. Maher is owned ... [+]