A vibrant five-year outlook for Port of Oakland Commercial Real Estate
Oakland, Calif. – Aug. 21, 2017: New residential construction and improvements in Jack London Square will drive a record number of visitors to the Square by 2022. That’s the conclusion of a five-year strategic plan released this month by the Port of Oakland’s Commercial Real Estate (CRE) division. “All of the planned developments and Jack […]
American Idol to hold open auditions in Jack London Square Sunday
Oakland, Calif. – August 17, 2017: Jack London Square is the California location this Sunday for American Idol’s open auditions for its upcoming broadcast season. Hundreds of singers hoping for a chance at stardom will be lining up from 9 AM to 5 PM at the Oakland waterfront. Oakland is the fourth city on the […]
Port of Oakland may get second-fewest ship visits in a decade
Oakland, Calif. – Aug.17, 2017: New data indicates the Port of Oakland this year may receive its second-fewest container ship visits in a decade. A Port executive today called it a positive sign. “This is a good trend,” said Maritime Director John Driscoll. “Our cargo volume is up but with fewer ships, we reduce diesel […]
Grilled Cheese Block Party at Jack London Square to draw more than 3,000 people
Oakland, Calif. – August 16, 2017 – Jack London Square is home to the new Grilled Cheese Block Party, this Saturday, as part of its summer series of food-themed events. From Noon to 6 PM, attendees can sample cheese-inspired dishes. Organizers expect more than 3,000 people to attend. Throughout the summer, Jack London Square has hosted block […]
Port of Oakland OKs new high-power line to plug in more ships
Oakland, Calif. – August 14, 2017: Port of Oakland officials said today they’ve commissioned new equipment bolstering efforts to curb diesel emissions from ships. The Port OKd a high-voltage cable system that will connect more vessels to Oakland’s landside power grid. The Port said the breakthrough will accelerate the program that has helped cut emissions […]
Port of Oakland sets all-time record for imports in a month
Oakland, Calif. – August 9, 2017: The Port of Oakland last month set an all-time record for import cargo, handling the equivalent of 84,835 loaded 20-foot import containers. That was the most for a single month in its 90-year history, breaking the previous record of 84,023 containers set in March 2015. The Port said that […]
Port of Oakland sees five-years of record volume starting in ’18
Oakland, Calif. – Aug. 8 2017: Port of Oakland maritime officials anticipate a five-year run of record cargo volume beginning next year. By 2022, the Port expects to handle the equivalent of 2.6 million 20-foot containers annually. It would be 8 percent more volume than the Port has ever processed in a single year. The […]
Port of Oakland sells bonds to refinance $324 million in debt
Oakland, Calif. – Aug. 7, 2017: The Port of Oakland said today it has completed the sale of bonds to lower debt costs. The Port said its $324 million refinancing will save $44 million in debt service payments over 13 years. Proceeds from the sale will be used to refund 2007 bonds issued to finance […]
Port of Oakland should gain as China opens rice market to U.S.
Oakland, Calif. – Aug. 3, 2017: A new U.S.-China trade pact should increase rice exports here, the Port of Oakland said today. The deal opening China’s market to American growers will likely strengthen Oakland’s link in the global food chain. American rice exports could enter China as soon as 2018 following approval of a trade […]
Port of Oakland-based firm first to test battery-powered big rig
Oakland, Calif. – Aug. 2, 2017: A major Port of Oakland-based trucking operator plans to test battery-powered big rig technology here in September. GSC Logistics said today it will launch a three-year trial with a heavy-duty, all-electric truck. The test is part of a statewide effort to determine the feasibility of zero-emission freight hauling. GSC, […]