DP World on Thursday announced it is buying Maher Terminal’s Fairview Container Terminal in Prince Rupert, British Colombia, from Germany’s Deutsche Bank, for C$580 million ($457 million).
29 Dec 2014
Most terminals at the Port of New York-New Jersey will not extend gate hours in anticipation of cargo backlogs from the New Year holiday, the port authority announced today.
21 Nov 2014
Maher Terminals has ordered eight additional straddle carriers for operation at its terminal in the Port of New York and New Jersey.
25 Aug 2014
The market for container terminals in the U.S. is being helped by cheap prices, low risk, and the advent of automation, according to the latest newsletter from industry analyst Drewry Maritime Research.
31 Jul 2014
The largest container terminal operator in the Port of New York and New Jersey has lost another bid to reduce the fees it must pay to the port authority.
05 Jul 2014
Events on the U.S. West Coast dominated the news this past week, as the International Longshore and Warehouse Union and the Pacific Maritime Association continued negotiations toward a new contract.
30 Jun 2014
Deutsche Bank AG is seeking potential buyers for all or part of Maher Terminals after writing down a large percentage of the $2.3 billion the German bank paid to buy the container terminal operator in 2007.
06 May 2014
Maher Terminals has failed to convince a Federal Maritime Commission administrative law judge that the Port Authority of New York and New Jersey violated the Shipping Act by granting a more favorable lease to competitor APM Terminals.