Maher Terminals Sale Set to Reshape US East Coast Port Valuations
Macquarie explores $3bn-plus divestment of New York-New Jersey’s largest container terminal as global carriers and infrastructure investors circle.
Macquarie Asset Management is preparing to sell Maher Terminals, the largest container facility at the port of New York and New Jersey, with the asking price expected to exceed US$3bn.
The 450-acre terminal handled more than 3m teu in 2024 — more than a third of the port complex’s 8.7m teu total — making it the busiest single terminal at the top US East Coast gateway. A December lease extension through 2063 appears to have accelerated buyer interest ahead of the 2030 expiry of Macquarie’s infrastructure fund.
MSC, Hapag-Lloyd, PSA International and DP World have all reportedly signalled interest, according to The Wall Street Journal and FreightWaves. BlackRock could partner with MSC on a bid, sources told FreightWaves, potentially pairing the world’s largest asset manager with the largest container line.
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