Port of Oakland Welcomes Dave & Buster’s to Oakland’s Jack London Square
As the national brand arrives, Port celebrates 2025’s SB 304, which expanded opportunities for diverse and community-focused businesses Oakland, Calif. – May 4, 2026: Today, the Port of Oakland celebrates the opening of Dave & Buster’s at 55 Harrison Street in Jack London Square. This is an important milestone in the district’s revitalization. Dave & […]
Port of Oakland Maintains Strong ‘A+’ and ‘A’ Credit Ratings
Stable outlook reflects financial strength due to diversified operations Oakland, Calif. – April 30, 2026: The Port of Oakland announced that Standard & Poor’s (S&P) Global Ratings has maintained its strong credit rating, assigning an ‘A+’ rating to senior-lien bonds and an ‘A’ rating to intermediate-lien bonds, both with a stable outlook. The report highlights the Port’s varied revenue streams […]
Port of Oakland Receives National Award for Budget Presentation Excellence
Oakland, Calif. – Oct. 17, 2025: The Port of Oakland announced today that it has received the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for its Fiscal Year 2026 budget. The award is the highest form of recognition in governmental budgeting and represents a significant achievement. It reflects the Port’s commitment […]
Fitch Affirms Port of Oakland’s A+ and A Credit Ratings
Port’s Outlook is Positive Oakland, Calif. – June 18, 2025: Fitch Ratings has affirmed the ‘A+’ rating on the Port of Oakland’s approximately $253 million in senior lien revenue refunding bonds and the ‘A’ rating on $205 million of intermediate lien revenue refunding bonds. The Rating Outlook is Positive, reflecting the port’s strong financial profile […]
Port of Oakland Board appoints Kristi McKenney Executive Director
Port’s chief operating officer to succeed Danny Wan Oakland, Calif. – February 14, 2025: The Oakland Board of Port Commissioners just named Kristi McKenney as the Port’s new executive director. The appointment follows the announcement of Executive Director Danny Wan’s retirement on February 28. The Port Commissioners unanimously approved a three-year contract for McKenney at […]
Port of Oakland approves Strategic Plan 2025-2030
Blueprint for growing business and creating more local job opportunities Oakland, Calif. – February 10, 2025: The Oakland Board of Port Commissioners just approved the Port’s Strategic Plan for the years 2025-2030. The plan provides a blueprint for the next five years focusing on market growth, job creation, and modernization of Port facilities and operations. […]
Port of Oakland A1 rating maintained – Moody’s
Port as primary gateway for Northern California region a key credit strength Oakland, Calif. – December 11, 2024: Moody’s Investors Service, Inc. (Moody’s) has maintained the Port of Oakland’s senior lien rating at A1 stable. The A1 stable senior bond rating reflects the Port’s strong liquidity, healthy debt service coverage ratio, manageable capital spending and […]
Port of Oakland awarded historic $322 million EPA grant
Grant to fund hundreds of zero-emissions trucks and cargo-handling equipment Oakland, Calif.—October 29, 2024: The U.S. Environmental Protection Agency (EPA) has awarded the Port of Oakland $322 million to fast track the Oakland Seaport’s conversion to nearly 100 percent zero-emissions cargo handling operations. The Port’s historic and transformative proposal is called “Community Led, Business Supported, […]
Port Board approves $2 million for West Oakland community grants
Rose Foundation for Communities & the Environment to administer funds to benefit economic development Oakland, Calif. – October 21, 2024: The Oakland Board of Port Commissioners voted to provide $2 million to fund economic development projects in West Oakland. The funds will go to the Rose Foundation for Communities and the Environment to establish a […]
Port of Oakland’s Commissioners OK nearly $20 million for solar energy
Purchase will support Port’s clean energy portfolio for the next 20 years Oakland, Calif. – July 18, 2024: The Oakland Board of Port Commissioners approved a $19.3 million deal to buy solar power for the next 20 years. The Port of Oakland is a publicly owned utility and will resell the renewable power to tenants […]