Stephen Edwards, president and chief executive of the stevedoring company, said the terminal will be used primarily for export vehicles, largely used automobiles bound for Africa, Latin America and the Middle East.
Both Hoegh Autoliners and Grimaldi will use the terminal, which is located on property that was formerly part of the Military Ocean Terminal Bayonne, but which was sold to the Bayonne Local Redevelopment Agency in 1999. The agency is developing it into a mixture of industrial and residential properties.
Originally, Bayonne had agreed to sell the portion now being used as a ro/ro terminal to the Port Authority of New York and New Jersey for $50 million, then reneged on the deal and sold it to Ports America, when the stevedoring company offered $90 million.
The port authority sued Bayonne for backing out of the deal, but in July a court ruled in Ports America’s favor. The port authority has appealed the case and Edwards said a hearing on the appeal is scheduled for next month.
Meanwhile, longshoremen are already working at the property, and the first Hoegh ship was expected this week or next, and Grimaldi is to start using the service in November.
Both companies are former customers of Northeast Auto Terminal, which is located on the other side of the Port Jersey channel. The port authority is planning to develop that property into a container terminal.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now