Deutsche Bank’s sale of Maher Terminals is set to close shortly, Port Authority of New York executive director Patrick Foye said at a conference Tuesday.
An agreement would still be subject to port authority approval.
“That’s good news,” he said at Capital Link’s New York Maritime Forum.
The bank announced in April that it was selling the New Jersey terminal, which can move 2 million teu of containers, to a fund managed by Macquarie Infrastructure and Real Assets.
But
