Latest news with #PortAuthorityof


Maroc
3 days ago
- Business
- Maroc
Tangier-Tarifa: Zero-Emission Electric Maritime Link by 2027
The Spanish maritime company Baleària presented on Tuesday in Tangier a project for an electric, zero-emission maritime link between Tangier and Tarifa, operated by two high-speed electric ferries set to be launched in 2027. The presentation ceremony was attended by Morocco's Minister of Transport and Logistics, Abdessamad Kayouh, the Spanish Ambassador to Morocco, Enrique Ojeda, the President of the Port Authority of the Bay of Algeciras, the President of the Port of Tangier City, the Spanish Secretary-General for Air and Maritime Transport, and the President of the Tangier-Tetouan-Al Hoceima Regional Council. This public-private partnership project aims to establish a green maritime corridor between Europe and Africa, enabling a fully electric, CO2-free crossing between the two shores of the Strait. It includes the construction of two twin vessels in Spain and the installation of port infrastructure for electric charging in both Tangier and Tarifa. In a statement to MAP, Minister Kayouh stressed that strengthening the maritime fleet is part of a broader strategy to ensure smooth and sustainable mobility, particularly within the framework of the Marhaba Operation, conducted under the supervision of the Mohammed V Foundation for Solidarity. He noted that the ministry is supporting the operation by mobilizing around 29 vessels, offering a weekly capacity of 500,000 passengers and 130,000 vehicles across four Moroccan ports and twelve European ports. "The goal is to make as many vessels as possible available to meet rising demand and ensure optimal crossing conditions for Moroccans living abroad," he said. For his part, Baleària's CEO, Georges Bassoul, stated that each vessel will produce 16 MW of electric power via four electric thrusters powered by batteries with a capacity of 11,500 kWh, allowing the entire crossing to be completed using electric propulsion only, with zero emissions. In a detailed presentation of the project's technical aspects, Bassoul emphasized that these will be fully decarbonized crossings, meeting 2050 sustainability goals as early as 2027. MAP: 24 June 2025


New York Post
13-05-2025
- Business
- New York Post
One World Trade Center hunting tenants for top floors — the highest offices in NYC: ‘Once-in-a-generation'
Nearly 1,100 feet above Lower Manhattan, the top two floors of office space at One World Trade Center — the tallest building in the Western Hemisphere — are hitting the leasing market for the first time, offering what its developers are calling a 'once-in-a-generation' opportunity for tenants seeking rarefied air and even rarer space. Yes, businesses can occupy what's being billed as the highest-elevated offices available in New York City. The 89th and 90th floors, totaling 46,000 square feet, are now available for lease as premium office space — a move that marks both a symbolic and financial turning point for the 3.1 million-square-foot tower, which is now 95% leased, according to a press release. The Durst Organization, which co-developed the skyscraper with the Port Authority of New York and New Jersey, is seeking rents of up to $160 per square foot — a price more commonly associated with Midtown trophy towers. 9 For the first time since opening its doors, the highest office floors at One World Trade Center — the 89th and 90th stories — are hitting the leasing market, offering what's being billed as the tallest office space available in New York City. Christopher Sadowski 9 The Durst Organization, which co-developed the tower with the Port Authority, is asking up to $160 per square foot for the roughly 46,000 square feet of panoramic space — a premium price point more in line with Midtown's trophy towers. Durst Organization 'It's certainly likely to be something in finance,' Eric Engelhardt, who oversees leasing of the penthouse levels for Durst, told Bloomberg, which first reported the news. 'Maybe it's a venture capital that invests in these technology companies that we have all over the building.' The offering arrives as companies continue to jockey for premiere space in a city where location and prestige remain levers to draw workers back to the office five years after COVID-19. Manhattan leasing activity jumped 46% in the first four months of the year compared with the same period in 2024, and Lower Manhattan just notched its strongest office leasing quarter since before the pandemic. 9 Renderings show what the leased office space could look like. Durst Organization 9 The listing comes as demand for top-tier office space rebounds, with companies seeking to attract employees back with sweeping views and high-end amenities. Durst Organization The new tenants will ascend via a pair of elevators in just 75 seconds to floors with 20-foot ceiling heights and 360-degree views that span from the Atlantic Ocean to the bridges of the East River. The space includes floor-to-ceiling windows on both levels and an abundance of natural light — elements developers say are key in today's amenity-focused office climate. 'For a decade after 9/11, it was just a giant hole in the ground and it was very sad for us New Yorkers to endure,' Shaia Hosseinzadeh, founder of OnyxPoint Global Management, which moved into the 45th floor of the tower in 2017, told Bloomberg. 'You have this tower that stands as a testimony to the resilience.' 9 Until now, the 89th and 90th floors had been occupied by a Chinese business center and broadcast equipment, both of which have since vacated. Durst Organization Until recently, the top floors served unconventional purposes. The 90th housed bulky broadcast equipment for the tower's antenna — now largely obsolete due to tech advances — while the 89th was leased by a Chinese business center affiliated with Vantone Holdings that ultimately never occupied the space. Now, with the market's renewed appetite for ultra-prime locations, the Durst Organization believes the penthouse office could appeal to top-tier tenants once again. 'Tenants are looking for premium, top-of-house offices in New York City's trophy buildings — and supply is limited,' David Falk, President of Newmark's New York Tri-State Region, said in a statement. 9 The building is already 95% leased. Durst Organization 'The new penthouse floors at One World Trade Center are truly unique spaces that present the opportunity to build a custom office with endless possibilities.' The project also reflects the evolution of the Financial District. Once defined by the towering presence of banks and brokerages like Morgan Stanley — now headquartered farther uptown — today's FiDi has become a mixed-use hub for commerce, dining and high-end living. 9 The building is already home to tenants like Condé Nast and Energy Capital Partners. Durst Organization 9 Brokers say a major firm could soon take the plunge downtown, as Midtown's soaring rents push companies to reconsider Lower Manhattan. Durst Organization 'The Port Authority has reimagined the World Trade Center as not just a workplace, but a destination,' Jolene Yeats, World Trade Center Director at the Port Authority stated in the release. 'We're looking forward to welcoming even more unique companies to this vibrant neighborhood offering top-notch shopping, dining and cultural experiences.' One World Trade already hosts a diverse slate of tenants, including Condé Nast, Wunderkind Corp., Carta, Ameriprise, Celonis, Stagwell and Energy Capital Partners. 9 The neighborhood transformed in the years since 9/11 from a finance-dominated district into a dynamic mix of luxury condos, retail and next-generation office space. Christopher Sadowski Building amenities include a 'Well& by Durst' sky lobby on the 64th floor — offering curated events, gourmet meals, and event space. 'The penthouse at One World Trade Center offers a once-in-a-generation chance for a visionary company to develop an office that soars above,' Jody Durst, president of The Durst Organization said in a statement.


Morocco World
14-03-2025
- Climate
- Morocco World
Maritime Routes Resume Between Spain, Morocco After Weather Delays
Doha – Maritime traffic between Morocco and Spain resumed cautiously on Friday after severe weather conditions forced cancellations and disruptions on Thursday. The Port Authority of Tangier Med has authorized vessels to increase their scheduled trips to address the backlog caused by Thursday's suspension. According to Spanish media, high-speed ferries operated by Armas Trasmediterránea and Baleària, along with Baleària's conventional ferry service, have resumed normal operations following the improvement in weather conditions. However, maritime connections between Tarifa and Tangier City remain suspended due to ongoing adverse weather. Thursday's disruptions were triggered by wind speeds exceeding 70 kilometers per hour, coupled with treacherous wave conditions that rendered navigation hazardous in the Strait of Gibraltar. By Friday, conditions improved markedly, with wind speeds dropping to an average of 22 kilometers per hour, while gusts ranged between 30 and 35 kilometers per hour, allowing for safer passage. This marks the second weather-related disruption within a week. On Tuesday, passenger movement between Algeciras, Tarifa, and Tangier ports was affected by unfavorable weather conditions impacting the Gibraltar Strait. Several morning departures from Algeciras to Tangier Med were impacted, while all maritime connections from Tarifa were canceled that day. Port authorities have advised passengers to contact their respective shipping companies directly regarding potential delays or cancellations of scheduled trips. Looking ahead, maritime traffic between Tangier Med and Spanish ports remains at the mercy of weather conditions, with forecasts suggesting another potential suspension next Tuesday due to anticipated strong winds and maritime disturbances in the region. These disruptions come amid a period of intense atmospheric pressure shifts affecting the region since early March, bringing storms and powerful winds that have led to widespread flooding across several countries. These weather patterns have helped alleviate the drought conditions that have dominated the region in recent years. Read also: New Freight Transport Route to Connect Tangier Med and Huelva Port Tags: Gibraltar Straitmaritime transportweather disruption