The move to N4 is part of PNCT’s $500 million infrastructure modernization project that is expected to nearly double the terminal’s capacity by 2019.
Located within the Port of New York and New Jersey—the largest port on the East Coast and third largest in the U.S.—PNCT is among the most important terminals responsible for moving cargo throughout the nation and abroad, handling 1.3 million TEUs annually. With the region’s massive project to raise the Bayonne Bridge near completion, larger vessels will be able to call at PNCT for the first time. As a result, PNCT has undergone a $500 million terminal redevelopment project—a move expected to increase container capacity to 2.3 million TEUs by 2019. This anticipated surge in container volumes, combined with the need to move cargo faster and more efficiently than ever before, drove the decision to upgrade to N4.
“The implementation of N4 provides us the foundation and platform that will allow PNCT to expand our data and service offerings to not only benefit carriers, but other critical stakeholders such as shippers/forwarders by providing tailored solutions that meet the needs of today’s supply chain,” said Chris Garbarino, VP of Operations, PNCT.
PNCT selected N4 due to a variety of reasons, including its enhanced data, billing and reporting capabilities; the sophistication of its optimization modules; configuration and data analytics capabilities; and its proven integration and compatibility with other advanced terminal technologies, including PDS, OCR and gate management systems. As part of the implementation, PNCT worked in close partnership with Navis to ensure a seamless upgrade to N4 with no disruption to its active operations or customers. Coordination between its operations and IT groups, significant and thorough early testing and configuration, as well as live testing integrating various technologies and vendors with N4 resulted in not only a successful upgrade, but also enabled the terminal to rapidly optimize its operations following the January 2017 go-live.
“We experienced significant volume surges in Q1 2017 requiring the system to perform optimally in an exceptionally small period of time,” Garbarino continued. “The enhanced N4 system enabled PNCT’s terminal operations to deliver weekly records for vessel lifts and rail lifts during and in the two-to-three weeks immediately following the go-live period.”
“While many container terminals around the world are actively preparing for greater container volumes over time, for PNCT, this surge is very real as it prepares to double its capacity in just a few short years. Its decision to not only upgrade to N4 now, but also invest in other industry-leading terminal solutions and equipment, signals its commitment to modernizing its infrastructure, enhancing operations and delivering the best service experience possible for its customers,” said Chuck Schneider, Vice President and General Manager of the Americas, for Navis, LLC. “The go-live success and early milestones are incredible achievements, and we look forward to further partnering with PNCT to ensure it achieves long-term optimized terminal performance.”
About Navis, LLC
Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading terminal operators and ocean carriers. Navis combines industry best practices with innovative technology and world-class services to enable our customers to maximize performance and reduce risk. Whether tracking cargo through a port, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis provides a holistic approach to operational optimization, providing customers with improved visibility, velocity and measurable business results.

Maersk Line will acquire Hamburg Süd for EUR 3.7 billion on a cash and debt-free basis. Maersk Line will finance the acquisition through a syndicated loan facility.
“Today, we have taken a decisive step towards the shared future of Maersk Line and Hamburg Süd. Our due diligence confirmed that Hamburg Süd is a well-run company with strong and highly respected brands. We have confirmed the anticipated synergies and we are convinced that our plan to maximize customer retention is the right path forward. I have no doubt that together we can develop new competitive products to the benefit of our customers and exploit operational synergies. The acquisition is cementing our position as the largest and leading carrier in container shipping, and it will provide great opportunities for the employees of both companies,” says Søren Skou, CEO of Maersk Line and A.P. Moller – Maersk.
The acquisition is in line with the Maersk Line’s growth strategy. It represents a unique opportunity to combine two complementary businesses and realise sizable operational synergies as well as commercial opportunities. Combined, the two companies will be able to realise operational synergies in the region of USD 350-400 million annually over the first couple of years following completion of the transaction.
Hamburg Süd will maintain its own structure hereunder its separate brands and is expected to deliver a high customer retention adding to Maersk Line’s growth agenda.
The combined network will include increased number of weekly sailings, faster transit times, more port calls, more direct port-to-port calls and less need for transhipment, to the benefits of both Maersk Line and Hamburg Süd customers.
The cost synergies will primarily be derived from integrating and optimizing the networks as well as standardized procurement. In addition, APM Terminals’ global portfolio will benefit from increased volumes, specifically the many investments made in the Latin America Region.
“We consider the purchase price of EUR 3.7 billion a fair valuation of Hamburg Süd. By keeping Hamburg Süd as a separate and well-run company, we will limit the transaction and integration risks and costs while still extracting the operational synergies. The acquisition of Hamburg Süd will therefore create substantial value to Maersk Line already in 2019,” says Søren Skou.
To continue and strengthen the future growth of Hamburg Süd, Maersk Line emphasizes its plans to preserve the customer value proposition of Hamburg Süd. It also commits to maintain the presence of Hamburg Süd in Hamburg, Germany, and has agreed to lease the local head office, initially for a period of five years.
“Hamburg Süd has a strong brand and an attractive customer value proposition. We believe these elements are key for our acquisition to become a success. Therefore, Hamburg Süd will remain under own management and with full brand responsibility,” says Søren Skou.
“We see the acquisition of Hamburg Süd by Maersk Line as a natural development and we are convinced that Hamburg Süd will thrive under continued own management and maintain not only the services offered to its customers, but also provide its employees a fantastic opportunity to continue shaping the future of the industry as a leading service provider,” says Dr. Ottmar Gast, Chairman of the Hamburg Süd Executive Board.
With the acquisition, Maersk Line and Hamburg Süd will have a total container capacity of around 3.9 million TEU (3.3 million TEU) and an 18.7% (16.0%) global capacity share (Alphaliner per 24 April 2017). The combined fleet will consist of 743 container vessels.
The process of obtaining regulatory approvals is on schedule. On 23 March 2017, the US Department of Justice approved the proposed acquisition and on 10 April 2017, the EU Commission approved the proposed acquisition, subject to conditions.
Maersk Line expects to close the transaction by the end of 2017. Until then, Hamburg Süd and Maersk Line will continue business as usual as separate and independent companies.
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