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Latest NewsImpending sale of Maher likely to reshape competitive dynamics at Port of NY-NJONE to spend $1.2 billion in deal with HD Hyundai for six LNG-powered shipsMultipurpose vessel sentiment positive despite bunker price volatilityBig drop in Middle East helium production drives alternative projectsWeak consumer confidence, rising inflation dim peak season hopesMore News✕More News & AnalysisImpending sale of Maher likely to reshape competitive dynamics at Port of NY-NJThe issue of carrier terminal control is front and center with the coming sale of Maher given that carriers overall have become aggressive acquirers and developers of terminal capacity globally, including on the US East Coast. he issue of carrier terminal control is front and center with the coming sale of Maher given that carriers overall have become aggressive acquirers and developers of terminal capacity globally, including on the US East Coast.ONE to spend $1.2 billion in deal with HD Hyundai for six LNG-powered shipsThe 15,900-TEU container ships will be delivered between November 2028 and September 2030 and reflect the continuing dominance of LNG as the new generation fuel of choice for vessel operators ordering new ships.Multipurpose vessel sentiment positive despite bunker price volatilityShippers reluctant to accept additional bunker costs might have their hand forced by a healthy breakbulk and project cargo pipeline, market participants say.
Impending sale of Maher likely to reshape competitive dynamics at Port of NY-NJ
Journal of Commerce
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