NewsBite

Why two ports in New York cost radically different amounts

Nick Bonyhady

Giridhar Srinivasan likes talking about New York Harbour. Two terminals there, said the co-founder of Infraclear, show how opaque the industry is.

“Maersk paid $US150 million ($236 million) over 30 years,” Mr Srinivasan said. “Deutsche Bank, super sophisticated institution, paid $US715 million.”

Loading...
Nick Bonyhady was a technology writer for The Australian Financial Review. Connect with Nick on Twitter.

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/why-two-ports-in-new-york-cost-radically-different-amounts-20231114-p5ejwh