portofoakland – Pacific Maritime Magazine

24 Jan

Cargo Volumes Down at Port of Oakland

Karen Robes MeeksNews, News Briefs, PMM Online Newscargovolumes, portofoakland, TEUs

Port of Oakland cargo volumes were down in December as well as 2022 as a whole when compared to the year prior, according to data released by the port Jan. 17. Overall cargo last month fell 8.1% year over year with 123,868 loaded TEUs. Full imports tumbled 17.1% year over year with 65,566 TEUs while full exports were up 4.6% with 58,302 TEUs from December 2021, port data show. For 2022, the Northern California seaport moved 2.3 million TEUs, an estimated 4% drop from 2021. High domestic inventory from softened consumer demand and declining freight rates are affecting cargo numbers,…

17 Jan

Port of Oakland Touts Carbon-Free Energy Use

Karen Robes MeeksNews, News Briefs, PMM Online Newsportofoakland, portutility, renewableenergy

Nearly 67% of the Port of Oakland Utility’s power comes from carbon-free energy sources, the Northern California seaport announced Jan. 12. The Port Utility supplied nearly half of its power from renewable resources, higher than California’s average of 33.6%, according to the 2021 Port Utility Green Power Portfolio, which is annually submitted to the California Energy Commission. Of that 49.9%, 21.9% came from solar energy, 18.4% from wind power and 9.4% from biomass and biowaste (9.4%). Large hydroelectric sources also accounted for an additional 8.7% of energy and solar added 8.3%, for a total of 66.9% in green power, the…

03 Jan

Overall November Cargo Drops at Port of Oakland

Karen Robes MeeksNews, News Briefs, PMM Online Newscontainervolumes, portofoakland

The Port of Oakland saw its overall cargo volumes in November fall by double digits year over year, according to data released by the port Dec. 28. The Northern California seaport processed 131,929 loaded TEUs overall, a 15% drop when comparing this past November to November 2021. Full imports in November 2022 tumbled by 17.4% year over year with 68,646 TEUs, while exports dipped by 12.3% to 63,283 TEUs. Meanwhile, empty containers soared 75.6% in November compared to the same time the previous year. The port is attributing the softening numbers to weakened demand, declining ocean rates, continued canceled sailings…

18 Nov

October Cargo Volumes Rise at Oakland Seaport

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationsportofoakland, TEUs

The Port of Oakland saw its cargo volumes rise 5.9% in October compared to the same time a year ago, handling 145,868 loaded TEUs, according to new data released by the port Nov. 17. The Northern California seaport also reported a 4.8% uptick in loaded exports with 66,408 TEUs and 6.7% jump in full imports with 79,459 TEUs last month compared to October 2021. Even with last month’s cargo gains, it’s “insufficient to reverse the declines from earlier this year,” with long-term indicators forecasting overall declining import cargo numbers, the port declared in a statement. Declining freight rates and high…

15 Nov

Port of Oakland’s Bond Rating Affirmed

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationsoaklandseaport, portofoakland

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.…

04 Nov

Port of Oakland, Lawmakers Meet with Supply Chain Stakeholders

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationsagricultureshipping, portofoakland, supplychain

Congressional lawmakers and federal and state officials talked about port bottleneck challenges at a congressional supply chain stakeholder meeting hosted this week at the Port of Oakland, the port revealed Nov. 2. The meeting, which took place in Jack London Square, was helmed by Rep. Jim Costa (D-Fresno) and Rep. Mike Thompson (D-Napa) and featured Rep. Barbara Lee (D-Oakland) and Rep. John Garamendi (D-Fairfield). “During the pandemic, international trade on the California coast was disrupted in an unprecedented way,” Lee said. “We know how much these delays have harmed California’s critical agricultural industry and those who rely on these producers.…

01 Nov

Port of Oakland Cargo Volumes Down in September

Karen Robes MeeksNews, News Briefs, PMM Online Newscontainervolumes, portofoakland

Loaded cargo container volumes at the Port of Oakland dropped 7.9% last month from the same time a year ago, according to data released by the port Oct. 28. The Northern California seaport handled 132,599 loaded TEUs in September, which was lower than the 143,991 TEUs it moved in September 2021. Imports fell 4.9% to 77,803 TEUs last month, while loaded exports dropped by 12%, to 54,756 TEUs year over year. So far this year, Oakland is moving 5% fewer imports than it did during the same nine-month period in 2021. The port attributed the declining import numbers to a…

28 Oct

Port of Oakland Head Elected to AAPA Board

Pacific MaritimeNews, News Briefs, PMM Online News, Terminal Operationsaapa, portofoakland

Port of Oakland Executive Director Danny Wan has been elected by the American Association of Port Authorities’ Board of Governors to the U.S. South Pacific Ports delegate position on the AAPA’s governing board. Wan’s election was made official at the organization’s Annual Convention & Exposition in Orlando on Oct. 17. “I appreciate the confidence the AAPA placed in me, and I’m honored to represent the California, Hawaii and Guam public ports delegation,” said Wan, who is also president of the California Association of Port Authorities. “I’m excited to work with the national port community and leadership to advance important port…

25 Oct

Port of Oakland Extends Renewable Energy Contract

Karen Robes MeeksNews, News Briefs, PMM Online Newsportofoakland, renewableenergy

The Oakland Board of Port Commissioners has extended its contract with East Bay Municipal Utility District to buy renewable energy, a move that gives the port access to renewable electricity for 2.5 more years for tenants and customers within the port, the Oakland seaport said Oct. 21. The port has been buying energy for the last decade under a power purchase agreement. “This helps us to exceed regulatory requirements for renewable sources of electricity for our current and future needs,” Port Utilities Administration Manager Jared Carpenter said. “This is good for our community and continues our valuable partnership with EBMUD.”…

07 Oct

Calif. Transportation Secretary Visits Port of Oakland

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal OperationsOmishakin, portofoakland

The Port of Oakland hosted California State Transportation Agency Secretary Toks Omishakin in late September for a tour of port operations and a talk about facility upgrades and sustainability projects, including those related to zero emissions and renewable energy. “The Port of Oakland is a critical link in our state and national supply chain,” Omishakin said. “As California makes historic investments in our supply chain infrastructure under Gov. Gavin Newsom, I look forward to continue working with the Port of Oakland to help create a safer, cleaner, more efficient and more equitable goods movement system that continues to power our…