POLB Looks to Becoming an Industry Hub

MarineLink.com
Thursday, August 29, 2013

The Port of Long Beach is an economic engine that purrs like a luxury sedan, but Thomas Fields, President of the Port of Long Beach Commission, believes it has the potential to roar like a racecar.

“As the nation’s second busiest trade gateway, we are an ideal nucleus for a cluster of economic activity built on the maritime industry,” said Fields, the President of the Long Beach Board of Harbor Commissioners. “There is so much opportunity.”

An industry cluster is a geographical concentration of interconnected businesses, suppliers and associated institutions that share a specialized infrastructure, labor markets and services for competitive advantages and gains. Apply it to Long Beach, and the picture emerges of a port-city where a wide range of industries – banking and finance, information technology, environmental firms, manufacturing and others – can flourish around the existing core built on international trade.

The concept, which Fields began to explore more than a year ago, was the centerpiece of his recent inaugural address as board president. In late August, Fields and Dr. Noel Hacegaba, the Port's Acting Deputy Executive Director, took the message to the Global Initiatives Council of the Los Angeles Chamber of Commerce

“Currently our Port is awarding $700 million a year in contracts to companies,” said Fields, who joined the commission in 2009. “We can leverage those contracts to attract related businesses to this city and the high-paying jobs, tax revenues and investment that they bring.”

Fields is already setting the stage for this vision to become a reality by pursuing a port-city partnership with Long Beach Mayor Bob Foster. While the Port can be the driving force, successful industry clusters, such as the automotive model that revitalized the state of South Carolina, are built on strong alliances, he said.

 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

AVEVA, DNV GL's Sesam Integration Cuts Cost

Integration of Aveva and DNV GL's Sesam Reduces Costs in Maritime and Offshore Engineering. Engineers designing ship hulls and offshore floaters can now save

FORAN for Pertamina's Future Ships

FORAN has been chosen by state-owned company PERTAMINA to review the design of their future oil product carrier ships, under construction in a shipyard with the FORAN System.

Ports

3D Printing in Rotterdam Port

Is 3D printing just a hype? Or is it really possible to print spare parts for ships that can actually withstand the requirements set for the often "rough" working

Caltex Replaces Australian Crew

The 36 Australian crew members of an Caltex tanker refusing to set sail after they were told their jobs would be gone after the next run. MR tanker Alexander Spirit (40,

Mombasa Port Workers End Strike

Mombasa, Kenya port workers end strike and returned to work on Friday after being warned they could lose their jobs, reports Reuters.   However the members of

Finance

Grimaldi Orders Three PCTCs

After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

Caltex Replaces Australian Crew

The 36 Australian crew members of an Caltex tanker refusing to set sail after they were told their jobs would be gone after the next run. MR tanker Alexander Spirit (40,

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Logistics

Grimaldi Orders Three PCTCs

After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

Is It Too Late To Tangle With Spike in Shipping Market

A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.

NITC Claims World's Largest Supertanker Fleet

According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators
rss | archive | history | articles | privacy | 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: 0.2236 sec (4 req/sec)