Port of Oakland debt ratings affirmed by Fitch

Port of Oakland

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 […]

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 […]

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? […]

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 […]

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 […]

Oakland A’s Fan Fest comes to Jack London Square

Oakland, Calif. – January 24, 2020: Jack London Square will transform into the Oakland A’s Fan Fest, Saturday, from 9 a.m. to 3 p.m., rain or shine. This is the team’s preseason event where fans of all ages can come to see A’s executives, players, coaches, and alumni and enjoy a free community event at […]

Southwest Airlines expands Hawaii service at Oakland International Airport

Oakland, Calif. – Jan. 22, 2020: Adding to its existing service to the Hawaiian islands of Oahu and Maui, Southwest Airlines has added two new long-haul destinations at Oakland International Airport (OAK).  Nonstop flights to Kona on the Big Island of Hawaii commenced service Sunday, January 19, and Lihue, Kauai, launched just yesterday. Service to Kona (KOA) operates four times weekly – on Monday, Wednesday, Friday, and Sunday. Service to Lihue (LIH) flies three times weekly, on Tuesday, […]

Port of Oakland seeks summer college interns

Oakland, Calif. – Jan. 21, 2020: The Port of Oakland is seeking ambitious, creative and highly-motivated, full-time college students for its 2020 Summer College Internship Program. Through a competitive process, prospective applicants apply for paid internships in a variety of fields, including Audit, Aviation, Communications, Engineering, Governmental Affairs, Human Resources, Information Technology, Planning & Development […]

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 […]