Port investments and new U.S. tariffs signal big shifts in global trade and logistics
Maersk commits $500M+ to long-term growth at port of New York and New Jersey
In a major step toward boosting capacity and sustainability, Maersk’s APM Terminals has agreed to extend its lease at the Port of New York and New Jersey through 2062. As part of the deal, the company will invest more than $500 million to upgrade the Elizabeth terminal — improving cargo-handling, modernising infrastructure, and introducing zero-emission equipment. The partnership reflects a shared commitment to long-term growth, cleaner operations, and keeping pace with rising cargo demands in one of the nation’s busiest ports.
Automakers reassess U.S. strategy amid new 25% import tariffs
Car brands are in a scramble after the US hiked tariffs on imported cars to 25%. Audi and Jaguar Land Rover have stopped sending vehicles, while others like Bentley and Morgan are still deciding whether to eat the cost or pass it on to customers. Even Tesla isn’t spared. Hyundai’s pushing ahead with US investments, and the UK is loosening EV rules to help its own. Trump says the move will boost American jobs, but critics warn it could backfire on both consumers and global trade. For now, everyone’s figuring out their next steps.
DP world to expand London gateway, boosting UK’s logistics capacity
DP World is gearing up for a £1 billion expansion of its London Gateway port, set to begin in May. The four-year project will add two all-electric berths, a new rail terminal, and create 400 permanent jobs. Once complete, the expanded port will handle six of the world’s largest container ships, reinforcing the UK’s role in global trade. This growth follows DP World’s ongoing investments in logistics, with the port set to increase capacity by 50%, ensuring smoother supply chains and continued economic growth.
Adani group opens new container terminal in colombo despite controversy
Adani Ports has just opened its new Colombo West International Terminal (CWIT) at Sri Lanka’s Port of Colombo. This $800 million project, a collaboration with John Keells Holdings and the Sri Lanka Ports Authority, is set to handle around 3.2 million TEUs annually. CWIT is Colombo’s first fully automated deep-water terminal, making it a game changer for the port’s growth as a key hub in South Asia. Despite facing scrutiny over bribery allegations against Adani Group's chairman, Gautam Adani, the terminal is now up and running, competing with other major players like the China-backed Colombo International Container Terminal.
Sources:
https://www.maritime-executive.com/article/maersk-will-invest-over-500m-as-part-of-33-year-port-ny-nj-lease-extension
https://www.carmagazine.co.uk/car-news/industry-news/us-tariffs/
https://www.maritime-executive.com/article/work-to-begin-expanding-london-gateway-into-uk-s-largest-container-port
https://www.maritime-executive.com/article/despite-controversy-adani-group-opens-new-container-terminal-in-colombo