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and logistics facility in New York Harbor ,” Carlin states . “ The site has played a vital role in the development of one of America ’ s most economically vibrant areas , but we announced a partial decommission of the facility around 18 months ago . We believe that demand for tanks in the New York Harbor will continue to be challenged , and we must recognize the country ’ s changing landscape .
“ As a real estate development , this project is totally different for us . We ’ re currently in research mode to reimagine how it can be best used to support other aspects of energy transition . We want the site to become the future home of the next generation of industrial development to serve the region ’ s evolving needs .”
Future plans
Across all its projects , Carlin is keen to highlight that IMTT truly cares about the communities in which it operates , including its employees . “ Our number one priority is safety , both for our employees and the wider community ,” he states . “ Our people do an incredible job of operating safely and protecting our customers ’ products to ensure we operate effectively .”
Turning to the future , Carlin shares : “ We ’ ll continue to focus on our projects throughout 2025 , as well as progressing our real estate development in Bayonne . We ’ re also finalizing contracts and preparing to announce three-to-five expansion projects on the lower Mississippi River as we move further into the year . 2025 will be an important year for us to take the next step in terms of investment , particularly for our Greener and Cleaner strategy .
“ Our focus will be much the same as we move forward beyond 2025 ,” he concludes . “ We ’ re confident that low carbon fuel standards and expectations will remain in place around the world , and we hope to leverage even more opportunities to build infrastructure for our customers .” ■
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