Sailors SocietyTBA GroupTOC EventsCoaltrans Asia 2021The Wolfson Centre for Bulk Solids Handling Technology Telestack
  • Vigan
  • TOC Events
  • Coaltrans Asia 2021
  • Sailors Society
  • TBA Group
  • TMS Awards 2021

JAXPORT bonds maintain ‘A’ rating

JAXPORT bonds maintain ‘A’ rating

(Posted on 06/05/20)

Fitch Ratings has affirmed its long-term ‘A’ rating on Jacksonville Port Authority’s (JAXPORT) $129.8 million in outstanding revenue bonds, citing the port’s strategic location, intermodal and infrastructure connectivity and diverse revenue base.

JAXPORT offers worldwide cargo service from dozens of ocean carriers, including direct service with Europe, Africa, South America, the Caribbean and other key markets. Dry bulk materials such as limestone and gravel have dedicated berth space and are poured onto 41 acres at JAXPORT’s Dames Point Marine Terminal.

“The rating reflects JAXPORT’s versatile financial and operating position even in light of volatility stemming from the coronavirus pandemic,” according to Fitch.

“The ability to maintain our strong credit rating during this time speaks volumes about the strength and resiliency of our port,” said JAXPORT CEO Eric Green. “Our diversification across trade lanes and business lines, along with our strategic location in the in-demand Southeast U.S. region, positions us for continued success well into the future.”

JAXPORT is an international trade seaport offering direct ocean carrier services to 140 ports in 70 countries. The port offers fast access to 70 million U.S. consumers via 100 trucking firms, three major interstates, and 40 daily trains. The port boasts more than 1 million square feet of on-dock warehousing storage and millions of square feet of additional space are located within minutes of port terminals.

Latest News

Work starts at Amsterdam’s Energiehaven

(Posted on 29/07/21)

This coming week, Rijkswaterstaat will see the start of preparatory work to remove contaminated dredged... Read more


ABP invests £8m for bespoke Frontier warehouse

(Posted on 26/07/21)

Associated British Ports (ABP) is investing £8 million to build a bespoke warehouse for valued... Read more


New Milwaukee tenant to focus on green infrastructure

(Posted on 26/07/21)

Port Milwaukee has announced a new long term lease arrangement with Perch Point, a limited liability... Read more


Sohar Port looks to India

(Posted on 20/07/21)

SOHAR Port and Freezone, in collaboration with the Federation of Indian Chambers of Commerce & Industry... Read more


ABP celebrates strong performance

(Posted on 20/07/21)

Associated British Ports (ABP), the UK’s leading ports group, has published its Annual Review... Read more


Record year for Pilbara Ports

(Posted on 15/07/21)

In a year when the Port of Port Hedland welcomed its first LNG-fuelled bulk carrier, the Panama-flagged... Read more


UWC and Acron agree on 500 hopper cars

(Posted on 15/07/21)

Research and production corporation, United Wagon Company, Russia's largest manufacturer of freight... Read more


Rail gateways outline pro-competitive combination benefits

(Posted on 11/07/21)

CN and Kansas City Southern have outlined how the proposed combination of CN and KCS will preserve and... Read more


ABP welcomes new £1m pilot launch vessel to Humber

(Posted on 11/07/21)

Associated British Ports (ABP) has welcomed the first of five new pilot launch vessels to the UK&rsquo... Read more


Eurochem and UWC agree hopper cars deal for mineral fertilizers

(Posted on 05/07/21)

EuroChem and Research and production Corporation, United Wagon Company, Russia's largest manufacturer... Read more


Bühler GmbHViganTMS Awards 2021Port of South LouisianaPort of StocktonCimbria
  • Port of Stockton
  • Bühler GmbH
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping