porc – Pacific Maritime Magazine

03 Oct

Port of Redwood City Touts Record Fiscal Year, New Grant Award

Karen Robes MeeksNews, News Briefs, PMM Online Newsfiscalyear, porc, redwoodcity

The Port of Redwood City ended its 2022-23 fiscal year on June 30 with record-breaking numbers and news of a new security grant, the port announced Sept. 25. The port reported $10 million in gross revenue at the end of the fiscal year, a 4% jump from the prior year. This stems from 1.82 million tons in cargo operations, a 35,000-metric-ton rise from the previous fiscal year, and shows a strong recovery post-pandemic, the port said. A rise in rental rates also contributed to record revenue. “Seeing an increase in yearly profits is exciting for many reasons, but especially knowing…

Port of Redwood City Reports Revenue Growth

Karen Robes MeeksNews, News Briefs, PMM Online Newsporc, redwoodcity

Despite a dip in total cargo tonnage, the Port of Redwood City ended its 2021-22 fiscal year with positive revenue growth, the agency announced Sept. 20. The Northern California seaport generated $9.4 million in gross revenue, up 4% from the previous fiscal year. The port’s property rentals, leases and new business contributed to that growth, which amounted to an uptick of $375,000. Meanwhile, total cargo tonnage at the port dropped 30,000 metric tons to 1.79 million metric year over year. The reduced tonnage stemmed from the ongoing effects of the COVID-19 pandemic, said port officials, adding that they’re encouraged about…

New Roles for Port of Redwood City Commissioners

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationsporc, redwoodcity

Three members of the Port of Redwood City’s Board of Port Commissioners have recently been elected to new leadership roles within the commission, it was announced Sept. 20. Ralph Garcia, who has been part of the commission for 17 years, has been chosen as the new chair of the commission that governs the Northern California seaport. Prior to joining the commission in 2005, Garcia spent 10 years on the Redwood City Planning Commission. Lorianna Kastrop, who joined the commission in 2008, will serve as the board’s vice chairperson. Stan Maupin, who was appointed to the commission in June, will serve…