NYK Ports acquires 20% share in Maher Terminals

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.
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