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Economic impact continues to grow at Port of Stockton

February 21, 2017

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STOCKTON — Anyone who travels Interstate 5 past downtown Stockton and looks west is well aware of the Port of Stockton with its massive, odd-shaped structures and, if you’re lucky, an ocean-going ship unloading at the docks. But it didn’t take much to get lucky in 2016, with 232 ships…

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Port Sees Second-Best Year

January 9, 2017

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STOCKTON — The Port of Stockton had its second-best year ever in 2016, moving nearly 3.9 million tons of cargo. The port’s daily vessel log showed three ships in port Monday and another 15 due in by the end of January. “Things look good. This port is an exciting port,”…

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Public Notice Renewable Portfolio Standard 2016 Procurement Plan Update

August 5, 2016

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Public Notice Renewable Portfolio Standard 2016 Procurement Plan Update Notice is hereby given that the Port of Stockton will be conducting a public meeting to review implementation of a Renewable Portfolio Standard 2016 Procurement Plan Update. The public meeting will be conducted on: Thursday, August 11, 2016, at 10:00 AM…

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Port Lays Out ‘Conservative’ Budget

July 27, 2016

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STOCKTON — The Port of Stockton Commission in June approved a budget of $52.9 million. The port says it’s “conservative” with less money for capital improvement, but the port still has infrastructure plan. “A conservative budget covers those expenditures for the year that need the most attention,” said port Director…

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Port of Stockton Officials Adopt $52.9 Million Budget

June 9, 2016

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STOCKTON — Port officials approved Monday a conservative budget for the fiscal year that began this month, projecting net income of $13.5 million on revenues of $52.9 million, up slightly from what is thought to be net income of $13.2 million on $51.4 million in revenue for the year past….

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Port Profits From Organic Corn Import Boom

May 2, 2016

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STOCKTON —  One indication of the growing popularity of organic food can be seen at the Port of Stockton, which took in 31,569 metric tons of organic corn from Turkey in 2015. Much of that corn was headed to poultry farms in California and elsewhere to feed an increasing number…

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Stockton Port’s Bond Rating Upgraded

April 12, 2016

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STOCKTON — Moody’s Investors Service has bumped up the rating on Port of Stockton long-term bonds to A from Baa. The rating company has two higher levels, Aaa and Aa. It says A rated bonds are “upper-medium grade and are subject to low credit risk,” while Baa obligations are “medium-grade…

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Port of Stockton Gets Rating Upgrade From Moody’s

April 1, 2016

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The Port of Stockton was awarded a rating upgrade by Moody’s in recognition of improved revenues and lower debt on March 28th. Moody’s Investors Service says it “has upgraded to A3 from Baa1 the rating on the Port of Stockton’s (CA) Series 2007 A&B revenue bonds, outstanding in the approximate…

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PORT OF STOCKTON OUTLOOK: Following up record-setting years at Port of Stockton

February 23, 2016

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STOCKTON — Despite suspending its Marine Highway project in 2014 because of a lack of shipping volume, officials at the Port of Stockton still are looking forward to a future of increased traffic and usage. Port Director Richard Aschieris said several projects underway at and around Rough and Ready Island…

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Port of Stockton Aiming High

February 9, 2016

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There are likely countless people outside of this region who are unaware of the Port of Stockton. Even Bill O’Reilly from Fox News had doubted its existence. He was later corrected. There is certainly a Port of Stockton and it is thriving. Richard Aschieris, Port Director states “that 2015 was…

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