NYK Ports acquired a 20 percent share in Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey.
NYK Ports on Wednesday acquired a 20 percent share in Maher Terminals, which operates a terminal at the Port of New York and New Jersey, NYK Line announced.
Maher is the largest terminal at the port and has a handling capacity of 3 million TEUs.
Once construction to raise the Bayonne Bridge’s clearance is completed in late 2017, the terminal will be equipped to handle 14,000-TEU containerships.
NYK Ports acquires 20% share in Maher Terminals
