Port Finance News

The Maritime Administration has released its new Public Port Finance Survey – FY 2006. This report is the only one of its kind in the port industry that covers U.S. and Canadian ports. This publication contains financial data on maritime activities at ports, including the income statement, balance sheet, outstanding bonds, debt service, sales offices, and cargo tonnage. In addition, there are sections that cover data on contributions, donations, and grants received in fiscal year 2006, and ratio analyses. This report is the result of a cooperative effort between the Maritime Administration and the American Association of Port Authorities (AAPA). It was prepared by the Maritime Administration’s Office of Intermodal System Development, using financial information furnished by AAPA.

TOC Events Worldwide announced the addition of more industry executives as speakers at the upcoming 8th TOC Americas Conference and Exhibition, taking place November 18-20 at the Long Beach Convention Centre, CA, USA. Dave Sanborn, Senior Vice President and Managing Director Americas Region for DP World, will share the global terminal operator’s views on terminal investment and development against the backdrop of the world financial crisis, including a perspective on investment frameworks and public-private sector relations. Mr. Sanborn joined DP World in May 2005 following senior management positions with CMA CGM, American President Lines and Sea-Land Service, Inc. Mr.

Maritime Administrator Capt. William G. Schubert today named Doris J. Bautch as Director of the Maritime Administration's Great Lakes Region. In her new position, Bautch will report directly to the Maritime Administrator in support of all agency programs, including supporting and conducting supplementary training for personnel in the maritime industries and participating in regional port and intermodal transportation development activities. Bautch will be the first woman to head any of the U.S. Maritime Administration’s (MARAD) five regional offices. “I look forward to continuing to work closely with Doris in her new assignment,” Schubert said.

The Maritime Administration (MarAd) has released its new Public Port Finance Survey – FYs 2004 & 2005. This report is the only one of its kind in the port industry that covers U.S. and Canadian ports. It is used by port authorities, federal and state policy makers, industry associations, and other entities interested in the marine transportation industry. The Public Port Finance Survey – FYs 2004 & 2005 contains financial data on maritime activities at ports, including the income statement, balance sheet, outstanding bonds, debt service, sales offices, and cargo tonnage. Two additional sections cover (1) data on contributions, donations, and grants received in fiscal years 2004 and 2005, and (2) ratio analyses.