News In Brief

by Sean Belk, Staff Writer

• The Center for International Trade & Transportation (CITT) of California State University, Long Beach is presenting a webinar series as a follow up to a Point/Counterpoint forum on the Panama Canal expansion presented last year. The next webinars include: “Is Southern California Competitive,” on June 3 with speaker Fram Inman, of Majestic Realty Co. and the California Transportation Commission; and “Challenges Ahead” on June 17 with speakers John McLaurin, president of the Pacific Merchant Shipping Association, and Richard Steinke, executive director of the Port of Long Beach. To register for free, visit www.livestream.com/cittnet.

• Fitch Ratings has affirmed a “AA” rating with outlook “stable” for the Port of Long Beach, which has approximately $735 million in outstanding harbor revenue bonds and harbor revenue refunding bonds issued by the City of Long Beach. The rating was based on resilience of throughput and shipping related revenues during changing economic periods.

• Metro Ports, a holding of Nautilus International Holding Corp., has appointed Jonathan Allyn to the position of director, business development, U.S. West Coast. Allyn will focus on existing and future business in the west and northwest. He joins Metro Ports as an executive with more than 30 years of experience in the shipping industry.

• The Port of Long Beach was named the best “Green Service Provider” among seaports in the world by Cargonews Asia at the 2011 Asian Freight and Supply Chain Awards in Hong Kong. It is the first time the port has been recognized in this category after being named the “Best North American Seaport” for a record 14 times.

• The Port of Los Angeles is starting construction on the Southern Pacific Slip/Ghost Fish project, a waterfront improvement initiative just south of Ports O’ Call in San Pedro. The project creates a new public plaza featuring an iconic “Ghost Fish” sculpture, one of the latest public art displays at the port.

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