BUSINESS
January 13, 2012 | By Ronald D. White, Times Staff Writer
Long Beach, the nation's second-busiest cargo container seaport, saw a small decline in business of 3.2% in 2011 compared with the previous year, port officials said today. The Port of Long Beach handled 6.1 million cargo containers in 2011. Imports through the port of Long Beach were down 3.3% compared with 2010. Exports were down 3.6%. The number of empty containers handled by the port fell 2.7% compared with a year earlier. Long Beach port officials attributed the decline to a weak economic recovery in the U.S. The port was also operating just six cargo terminals in 2011, down from its usual seven terminals.
BUSINESS
June 9, 2012 | By Ronald D. White, Los Angeles Times
Every commercial harbor in the nation has its own pilots, and at the Port of Long Beach one family has been running the pilot operation for 90 years. It's the Jacobsen clan, whose roots stretch back to a Norwegian fishing village. Today they are responsible for shepherding ships as long as skyscrapers are tall. "My grandfather Jacob started doing this in 1922, when this port was pretty much just a mud flat," said Tom Jacobsen, the third-generation president of Jacobsen Pilot Service.
BUSINESS
February 5, 2010 | By Ronald D. White
The Port of Long Beach moved forward Thursday with its plan to replace the deteriorating Gerald Desmond Bridge, releasing a draft of its revised environmental impact report on the proposed project. Port officials say the current bridge -- which was built in 1968 and crosses a key shipping channel in Long Beach -- is too low to the water, rendering that part of the Cerritos Channel impassable to the world's biggest cargo ships, which can hold more than 14,000 containers. The bridge's other main problem, port officials say, is that it wasn't built to carry the traffic it does now, adding stress to the structure.
CALIFORNIA | LOCAL
December 11, 2011 | By Kate Linthicum, Los Angeles Times
Protesters from Occupy L.A. and other groups plan to form a picket line at the Port of Long Beach on Monday to try to shut down traffic at at least one shipping terminal. Similar actions are planned at ports up and down the West Coast. The target of the Long Beach protest is SSA Marine, a shipping company. Occupy L.A. demonstrator Michael Novick said protesters chose SSA Marine because "they embody all the ills of this economic regime we live under. " Protesters say SSA Marine has engaged in unfair labor practices and pursued objectionable environmental policies.
BUSINESS
February 5, 2005 | Ronald D. White, Times Staff Writer
The Port of Long Beach has lately endured severe congestion, a dockworker shortage and torrential rain that damaged connecting rail lines. It was rewarded Friday with an improved outlook by Moody's Investors Service. Moody's bumped up the port's long-term debt outlook to positive from stable, representing the rating service's assessment of the harbor's financial health. Moody's also assigned a rating of Aa3 to the port's new California Harbor Revenue Refunding Bonds, Series 2005A and 2005B.
BUSINESS
July 2, 2009 | Ronald D. White
The huge car carrier ship called the M/V Auriga Leader idled at the Port of Long Beach, burning through enough electricity to power 100 homes as workers loaded and unloaded a fleet of Toyotas. But unlike any of the diesel-spewing, power-draining vessels that travel here, the Auriga Leader sports 328 solar panels on its top deck -- a small array that provides 10% of the energy used by the giant ship while she is docked.