Table 1
U.S. and Canadian public port facilities ratings and outlooks as of Oct. 1, 2024 | ||||||
---|---|---|---|---|---|---|
Issuer | State/province | Rating/outlook | ||||
Alabama State Port Authority |
AL | A-/Stable | ||||
Alameda Corridor Transportation Authority |
CA | A-/Stable | ||||
Alameda Corridor Transportation Authority (second lien) | CA | BBB+/Stable | ||||
Brownsville Navigation District |
TX | A+/Stable | ||||
Caddo-Bossier Parishes Port Commission |
LA | AA-/Stable | ||||
Galveston Wharves |
TX | A/Stable | ||||
Georgia Port Authority |
GA | AA/Stable | ||||
Guam Port Authority |
GU | A/Stable | ||||
Halifax Port Authority |
NS | AA-/Stable | ||||
Lake Charles Harbor & Terminal District |
LA | AA-/Stable | ||||
Long Beach Harbor Department |
CA | AA+/Stable | ||||
Long Beach Harbor Department (second lien) | AA/Stable | |||||
Los Angeles Harbor Department |
CA | AA+/Positive | ||||
Oxnard Harbor District |
CA | A/Stable | ||||
Montreal Port Authority |
QA | AA/Stable | ||||
Port Everglades |
FL | A/Stable | ||||
Port Everglades (second lien) | FL | A-/Stable | ||||
Port Freeport |
TX | A+/Stable | ||||
Port of Alaska |
AK | A/Stable | ||||
Port of Beaumont Navigation District |
TX | AA/Stable | ||||
Port of Corpus Christi Authority (senior lien) |
TX | AA-/Stable | ||||
Port of Corpus Christi Authority (prior lien) | AA-/Stable | |||||
Port of Houston Authority (GO) |
TX | AA+/Stable | ||||
Port of New Orleans Board of Commissioners |
LA | A/Stable | ||||
Port of Redwood City |
CA | A-/Stable | ||||
Port of San Francisco |
CA | A/Stable | ||||
Port of Tacoma |
WA | AA/Stable | ||||
Port of Tacoma (second lien) | WA | AA-/Stable | ||||
Port of Vancouver |
WA | A+/Stable | ||||
Port of Vancouver (GO) | WA | A+/Stable | ||||
San Diego Unified Port District |
CA | A+/Stable | ||||
South Carolina State Ports Authority |
SC | A+/Stable | ||||
Virginia Port Authority (issuer credit rating) |
VA | A+/Stable | ||||
Virginia Port Authority (subordinate lien) | VA | A/Stable | ||||
Vancouver Fraser Port Authority |
BC | AA/Positive | ||||
GO--General obligation. |
Table 2
U.S. and Canadian public port facilities ratings and outlook changes as of Oct. 1, 2024 | |||||
---|---|---|---|---|---|
Issuer | State/province | Rating/outlook as of Jan. 1, 2024 | Rating/outlook as of Oct. 1, 2024 | Rating/outlook action | Rating/outlook change date |
Galveston Wharves | TX | A-/Positive | A/Stable | Upgrade | June 18, 2024 |
Halifax Port Authority | NS | A+/Positive | AA-/Stable | Upgrade | Aug. 22, 2024 |
Vancouver Fraser Port Authority | BC | AA/Stable | AA/Positive | Positive outlook | Aug. 22, 2024 |
Los Angeles Harbor Department | CA | AA+/Stable | AA+/Positive | Positive outlook | Aug. 30, 2024 |
This report does not constitute a rating action.
Primary Credit Analyst: | Kurt E Forsgren, Boston + 1 (617) 530 8308; kurt.forsgren@spglobal.com |
Secondary Contacts: | Kevin R Archer, San Francisco + 1 (415) 3715031; Kevin.Archer@spglobal.com |
Kenneth P Biddison, Englewood + 1 (303) 721 4321; kenneth.biddison@spglobal.com | |
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Andrew J Stafford, New York + 212-438-1937; andrew.stafford1@spglobal.com | |
Nora G Wittstruck, New York + (212) 438-8589; nora.wittstruck@spglobal.com |
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