BlackRock Eyes $3B Takeover of New York’s Largest Container Terminal, Maher

BlackRock, the world’s largest asset manager, is reportedly considering a $3 billion bid to acquire Maher Terminals, the busiest container terminal at the Port of New York-New Jersey. The terminal handled over 3 million TEUs of the port’s 8.7 million TEUs in 2024. The Port Authority recently extended a 33-year lease through 2063 with Macquarie, which holds a controlling stake in Maher through Macquarie Infrastructure Partners III. Interest follows the conclusion of a Macquarie Infrastructure Partners III term in 2030, and the process is not yet underway with no timeline established.MSC, via Terminal Investment Limited, previously teamed with BlackRock to acquire CK Hutchison’s terminals in 2025, a deal later blocked in China. No official comment from BlackRock or other parties has been released.