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June 25 2018

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June 25 2018 | The Journal of Commerce 23 www.joc.com Port Productivity Cover Story Special Report vessel size, the port authority and the federal government have spent $3.4 billion on dredging, rail access, and access road projects in the port in the last decade. The APM Terminals upgrade includes a new 24-lane gate system expected to open next year. It will incorporate an appointment system — similar to the one at GCT Bay- onne — that will eventually link to a centralized communications system tied to other port terminals. In addition, APM Terminals this month began a nine-month, $10 million upgrade of its rub- ber-tire gantry crane fleet. APM Terminals North America CEO Wim Lagaay said in May that the dredging had been completed six months ahead of schedule, adding that the project would "result in more berthing capacity for our liner customers at a time when cargo vol- umes continue to increase." APM Ter- minals said that in 2017 its terminal accounted for 21 percent of the port's total container cargo volume; PNCT has said it accounts for 20 percent of the port total. Molly Campbell, director of the Port Authority of New York and New Jersey's Port Department, said she is "extremely encouraged by the ongoing terminal investments by our port's partner marine terminal operators." "Container terminals are inher- ently capital-intensive enterprises," she said, adding that the terminal upgrades and the authority's own investments would stimulate new infrastructure investment. In December, Jack Michael Craig, APM Terminals' head of global oper- ations, told JOC's Port Performance North America Conference that as vessels get bigger and cost reduction is increasingly a priority to ocean carriers, terminal operators will be under growing pressure to make bet- ter use of the resources they have. North American ports need to use terminal space better, improve peak volume fluidity, and get ships to and from berth faster if they are to match the efficiency of best-in-class foreign ports as more mega-ships hit the water. JOC email: hugh.morley@ihsmarkit.com twitter: @HughRMorley_JOC from loading and unloading a large volume of containers brought in by ultra-large container carriers. In 2017, the port hosted 167 vessels of 9,000 TEU or larger in 2017, a 74 percent increase over the 2016 figure, including 10 vessels over 13,000 TEU. In preparation for the rise in increased cargo volumes as a result of the bridge elevation, the growing size of mega-vessels, and the completion of the expanded Panama Canal two years ago. Like other ports, New York-New Jersey expects to expe- rience challenges from the short, intense bursts of activity that result

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