P&O OPENS NEWARK, N.J. TERMINAL

P&O OPENS NEWARK, N.J. TERMINAL    Prince Andrew, the Duke of York, christened the newly revamped Port Newark Container Terminal on Thursday in Port Newark, N.J.
   Port Newark Container Terminal is a joint venture company of P&O Nedlloyd and P&O Ports, which signed a 30-year lease in 1999 with the Port Authority of New York and New Jersey to operate the $175 million facility.
   Since then, the terminal has been a working site through two phases of redevelopment. The third phase, which includes deepening berths, will be completed in June.
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