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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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Port of Oakland Executive Director wants ‘industrial sanctuary’

Oakland, Calif. – Jan. 30, 2020: Calling it “everyone’s Port,” the Port of Oakland’s new leader wants an industrial sanctuary to sustain economic vitality here.  Executive Director Danny Wan delivered his State of the Port address yesterday saying there’s plenty to feel good about.  But he asked a sold-out audience of 350 to help him… Read More

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Port of Oakland container volume dipped 1.8 percent in 2019

Oakland, Calif. – January 17, 2020:  Port of Oakland 2019 container volume decreased 1.8 percent from 2018, according to data released today. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high. Oakland handled the equivalent of 2.5 million 20-foot containers (TEUs) in 2019… Read More

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Port of Oakland hopeful, cautious over U.S.-China trade deal

Oakland, Calif. – Dec. 13, 2019: Port of Oakland officials mixed hope with caution today following a possible U.S.-China trade war de-escalation.  Word of a deal to ease the 18-month-long tariff skirmish prompted the following response from the Port: “We’re hopeful that this is the beginning of the end to damaging trade restrictions,” said Port of… Read More

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Port of Oakland appoints first female Port Attorney

Oakland, Calif. – Dec. 13, 2019: For the first time in its 92-year history, a woman has been named Port Attorney at the Port of Oakland.  The Port’s governing Board last night appointed Michele Heffes as the head of its in-house Legal Department. Ms. Heffes succeeds Danny Wan, the prior Port Attorney, who became the… Read More

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Port of Oakland export volume up 5.8 percent last month

Oakland, Calif. – Dec. 10, 2019:  Port of Oakland export cargo volume increased 5.8 percent last month compared to November 2018, according to statistics released today. It was the second straight month export levels have risen in Oakland, the Port said.  Export volume had previously climbed 10.8 percent in October. According to Port data, Oakland… Read More

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Port of Oakland names Danny Wan Executive Director

Click here to see Port of Oakland Executive Director Danny Wan’s introductory video Oakland, Calif. – Nov. 14, 2019: Danny Wan, who has been serving as the Port of Oakland’s interim Executive Director since last summer, and was Port Attorney for six years before that, has been named permanent Port Executive Director. The Port’s governing… Read More

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