A federal judge on Friday gave the go-ahead to Maher Terminals at the Port of New York and New Jersey and the Georgia Ports Authority to dispose of Hanjin Shipping containers.
Maher Terminals is the largest container terminal in the Port of New York and New Jersey, which is the second-largest container port in the United States and the largest on the U.S. East Coast.
17 Nov 2016
Maher Terminals has been acquired by Macquarie Infrastructure Partners III and a subsidiary of Japanese shipping company NYK Line.
27 Oct 2016
Maher Terminals and the Port Authority of New York and New Jersey have agreed to settle an eight-year-long legal dispute.
08 Sep 2016
The push underscores a restlessness within the transportation industry with the customary pace of a Chapter 15 bankruptcy filing — something that has historically taken months to years to play out.
07 Sep 2016
The containers were set to be exported, but Hanjin’s Aug. 31 bankruptcy filing prevented them from being loaded.