Maersk Group-owned APM Terminals says it plans to invest $70m for a new berth capable of handling neo-panamax size container ships at the Port of New York and New Jersey.
The new berth, which will be capable of handling containerships up to 13,000 teu, will be located at the APM Terminals’ Port Elizabeth facility. The facility, which currently handles 1.5 million teu of container volume annually, will grow to 2.3
