The Port Authority of New York/New Jersey (PANYNJ) is to undertake a major review of more than 3,000 acres of its cargo facilities in order improve operations and plan for future growth.
Expected to take up to 18 months to complete, the review will look at each of the port’s six container terminals as well as its auto, bulk, cruise and adjacent real estate holdings, along with support services and operations.
It will help to formulate a grand Maritime Master Plan for the port to guide its development over the next 25 to 30 years.
Molly Campbell, port commerce director, said: "Our port has been a national trendsetter in the maritime industry and continues to be the leading East Coast gateway for international shippers."
"To continue this positive trend, we must take a holistic look at the entire port operation and develop an optimum plan that will allow us to efficiently grow the business for decades to come following a record 10.4% increase in cargo volumes in 2015."
In developing the master plan, one of the consultant’s primary tasks will be to develop an outreach plan to solicit ideas and opinions from a variety of internal and external port stakeholders, including government agencies, tenants and the public.
The review also will look at port capacity, the current tenant mix and whether the current structure will allow for future demand to be effectively met. It also will look at other unique strategies such as off-port support facilities, inland ports, expansion of the free-trade zone and short sea shipping.
