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09 December 2019 The on-line newspaper devoted to the world of transports 07:09 GMT+1



DECEMBER 18, 1997

SEA-LAND MAY PULL OUT OF NEW YORK PORT

Dispute over plan to jack up payment for lease renewal

[NEW YORK]

Sea-Land is threatening to pull out of the port of New York and New Jersey in a row over sharp increases in lease payments proposed for its terminal in Elizabeth, port sources claim.

The present lease expires in 1999 and discussions on the terms of renewal have begun, with the Port Authority ......
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