Port of Oakland container volume on track to finish year strong
Full imports grow 13 months in a row Oakland, Calif. – December 26, 2024: The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023. “We are optimistic that strong container volume will continue through the end of the […]
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 import volume approaches pre-pandemic level
Indicators point to a healthy recovery Oakland, Calif. – November 22, 2024: The Port of Oakland’s container volume registers continued growth in the fourth quarter. Total container volume rose 10% over recorded volumes during the same period in 2023. Loaded imports continue to grow for the 12th straight month. Import volume rose 11.2% in October […]
Port of Oakland awarded $50 million grant to modernize terminal infrastructure
Federal funds to upgrade aging docks to accommodate ultra-large vessels and expand economic benefits to region Oakland, Calif. – November 21, 2024: The Port of Oakland was awarded approximately $50 million from the U.S. Department of Transportation Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at the Outer Harbor. The Port’s Outer Harbor will […]
Port of Oakland receives about 100 Howard Property RFQ inquiries
Port seeks innovative waterfront development concepts as Dec. 9 deadline approaches Oakland, Calif. – November 1, 2024: The Port of Oakland received about 100 development related inquiries regarding its Request for Qualifications (RFQ) that seeks a developer for its 50-acre Howard Property. “The Port is truly excited to answer so many development related questions for […]
Port of Oakland wraps harbor tour season with 1,400 visitors
Final Halloween-themed tour brought local families and community members together Oakland, Calif. – October 24, 2024: The Port of Oakland held its last, free, harbor tour of the season on October 18. The final tour of Oakland Seaport operations brought local family and community members together for the fun, Halloween-themed event. The entire tour season welcomed nearly 1,400 guests […]
Port of Oakland container volume continues to grow
Strong 4th quarter is anticipated Oakland, Calif. – October 14, 2024: The Port of Oakland’s loaded container volume recorded a 7% increase in September 2024, compared to the same time last year. For the second month, loaded imports experienced double digit growth. Port operators recorded 10.4% growth, handling 82,180 TEUs (twenty-foot containers) in September 2024, […]
Five-year “Float Lab” experiment completed at Port of Oakland
Project tested prototype “island” for use as storm surge protection Oakland, Calif. – October 7, 2024: Float Lab completed its five-year project at the Port of Oakland. The floating laboratory gathered information about marine life and data about the use of a floating structure in an area vulnerable to sea level rise. Float Lab arrived […]
$2.5M federal grant to boost hydrogen fuel use at Port of Oakland
U.S. Department of Energy investment in hydrogen equipment and infrastructure Oakland, Calif – September 30, 2024: The U.S. Department of Energy (DOE) awarded a $2.5 million grant to develop and demonstrate advances in fuel cell technology at the Port of Oakland. The grant is part of the Biden/Harris Administration’s Bipartisan Infrastructure Law. The total project […]
Port of Oakland container volume continues to grow
August loaded imports register double-digit growth Oakland, Calif. – September 25, 2024: The Port of Oakland’s loaded container volume continues to grow month-over-month. August loaded container volume has risen 5.4% compared to August 2023. Loaded containers are cargo containers that carry a full load of goods. Loaded imports jumped 14.9%, recording 83,272 TEUs (twenty-foot containers) in […]