The Port of Oakland’s A+ rating for outstanding senior bonds and A rating for outstanding Intermediate Lien and underlying bank bonds have been affirmed by Fitch Ratings, which also said the rating outlook on all bonds is considered stable, the port said Nov. 14. “These ratings reflect continued commitment to prudent financial management and stability,” port Executive Director Danny Wan said. “They represent great dedication and professional excellence by our port staff and the port board.” The Northern California seaport’s ratings reflect the port's various streams of revenue, which include aviation, commercial real estate, maritime and utilities, according to Fitch.…

The number of imports grew while exports fell at the Port of Oakland in February, according to data released by the port Friday, March 18. Imports in February rose 6.3%, continuing a robust U.S. consumer demand for goods created abroad, according to the port. Meanwhile, exports dropped 10.3% year over year, which the port says has been hindered in the shortage of containers and lack of vessel space. “We’re gratified by the strength of the import business moving through Oakland,” Port Maritime Director Bryan Brandes said. “And we’re certain that export totals are going to pick up as we increase…