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U.S. And Canadian Public Port Facilities Ratings And Outlooks As Of Oct. 1, 2024

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U.S. And Canadian Public Port Facilities Ratings And Outlooks As Of Oct. 1, 2024

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.

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