Tuesday, February 28, 2017

APM Terminals to Invest $200 Million in NJ Port

Global Trade Magazine: "This figure includes ordering four next-generation Ship-To-Shore (STS) cranes to handle ultra-large container ships (ULCS) at North America’s second-busiest port complex. These larger vessels are expected to start calling the port with recently announced completion of the project to raise the Bayonne Bridge roadbed by 64 feet. The raising of the Bayonne Bridge, combined with the widened Panama Canal, enables ULCS liner services to call and be handled efficiently at the advanced APM Terminals facility."