10-04-2018

Port of New York/New Jersey has record-setting year in 2017

THE port complex of New York and New Jersey on the US east coast handled a record 521,921 TEU in February, a year-on-year increase of 2.9 per cent following a surge in cargo volumes in the latter part of 2017 and the beginning of 2018.

The port of New York and New Jersey handled a record 6.71 million TEU in 2017. The spike in container traffic is attributed to larger containerships calling at New York/New Jersey in the wake of last June's completion of the Bayonne Bridge Navigational Clearance Project, which allows ships of up to 18,000 TEU to now reach its terminals, reported American Shipper.

The February box throughput growth was driven by loaded export volumes, which jumped 10.5 per cent to 247,283 TEU, while loaded imports rose 4.5 per cent to 274,638 TEU over the same month in 2017.

ExpressRail, the port authority's ship-to-rail system serving New York and New Jersey marine terminals, also saw significant growth in volumes, moving 47,500 containers in February, representing a year-on-year increase of 15.2 per cent.

In addition to containerised cargo, the port achieved a 3.2 per cent increase in vehicle volumes to 42,365 units.

Source: Schednet

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