Fitch Affirms U.S. Port Ratings

Press Release
Monday, April 08, 2013

As part of its peer review process, Fitch Ratings has affirmed the ratings for its U.S. ports.

The affirmation is the culmination of a detailed review of all of Fitch's U.S. stand-alone port ratings excluding consolidated entities that issue combined debt for port and other transportation related business units. A spreadsheet detailing Fitch's rating actions can be found at www.fitchratings.com.

Fitch will shortly release a peer report titled “Peer Review of U.S. Ports: Attribute Assessments, Metrics and Ratings” that highlights financial metrics and key rating driver attribute assessments that Fitch has assigned over the past year. As part of its rating criteria and the peer review process, Fitch has developed risk attribute assessments of strong, midrange and weak for the five key rating drivers listed in its rating criteria. The attribute assessments for each port along with key quantitative metrics are identified in Fitch's port peer report and will be contained in all future press releases for individual ports.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Belgian Port Workers Strike

Port workers in Belgium began a 24-hour strike today, November 24, which will end at midnight, Inchcape Shipping Services (ISS) reported. It is anticipated that

EU Backs Nantes St-Nazaire and Vigo Transport Link

The EU's TEN-T Program will back the upgrade of the existing sea line between Nantes St-Nazaire, France and Vigo, Spain with over €3.5 million to ensure reliable

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0756 sec (13 req/sec)