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Port of Oakland debt ratings affirmed by Fitch

Oakland, Calif. – Feb. 26, 2020: Fitch Ratings has affirmed its ratings on Port of Oakland debt.  The agency last week announced the following ratings for Port bonds: $622 million in senior lien revenue bonds at ‘A+’; $181.9 million in intermediate lien revenue bonds at ‘A’; and Underlying bank bonds for the Port’s commercial paper… Read More

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Tribute to mariners unveiled at Port of Oakland

Oakland, Calif. – Feb. 14, 2020:  The Port of Oakland has joined the International Maritime Center (IMC) to unveil a tribute to mariners. The new, abstract sculpture titled “Sea Remembrance” was installed in January next to the IMC facility at Port View Park. “Seafarers make costly sacrifices being away from home at sea for months at… Read More

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Port of Oakland import volume rebounds, exports keep going up

Oakland, Calif. – Feb. 11, 2020: Port of Oakland containerized import volume jumped 7.3 percent last month over January 2019 totals, according to data released today.  Exports were up, too, the Port said, lifting hopes for recovery from a U.S.-China trade war. One question remained, however: would concern over the fast-spreading coronavirus dampen trade growth?… Read More

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Port of Oakland appoints first Chief Operating Officer

Oakland, Calif. – Feb. 6, 2020: Veteran aviation executive Kristi McKenney has been named Chief Operating Officer at the Port of Oakland.  Executive Director Danny Wan announced the appointment today after the Port’s governing Board created the new position last month.  Ms. McKenney had been serving as Assistant Director of Aviation at the Port’s Oakland… Read More

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