Latest News Prolonged Middle East war to weigh on sputtering US auto demand Impending sale of Maher likely to reshape competitive dynamics at Port of NY-NJ ONE to spend $1.2 billion in deal with HD Hyundai for six LNG-powered ships Multipurpose vessel sentiment positive despite bunker price volatility Big drop in Middle East helium production drives alternative projects More News ✕ More News & Analysis Prolonged Middle East war to weigh on sputtering US auto demand Even before the war-driven spike in gasoline prices, the US automotive industry was expecting lower vehicle sales due to import tariffs and higher borrowing costs for vehicle buyers. Impending sale of Maher likely to reshape competitive dynamics at Port of NY-NJ The issue of carrier terminal control is front and center with the coming sale of Maher given that carriers overall have become aggressive acquirers and developers of terminal capacity globally, including on the US East Coast. ONE to spend $1.2 billion in deal with HD Hyundai for six LNG-powered ships The 15,900-TEU container ships will be delivered between November 2028 and September 2029 and reflect the continuing dominance of LNG as the new generation fuel of choice for vessel operators ordering new ships.