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Tie Lines
  May 2012
 

Green Ship Incentives

The Port of Long Beach will soon begin offering financial incentives to ocean carriers that send their greenest vessels to Long Beach.
"This program creates an award system that will encourage the deployment of today's greenest ships to the Port of Long Beach and accelerate the use of tomorrow's greenest ships," said Port Executive Director J. Christopher Lytle.

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Bridge Replacement Project

The Port has entered final negotiations with the design and engineering team of Shimmick Construction Company Inc., FCC Construction S.A. and Impregilo S.p.A. (SFI) to build the replacement for the Gerald Desmond Bridge.
On May 14, the Long Beach Board of Harbor Commissioners approved a Notice of Intent to contract with the joint venture, whose $649.5 million bid was deemed the "best value" design-build proposal for the landmark project. The Board is scheduled to consider a final contract in early July. Construction is slated to begin in early 2013 and stands to generate an average of 4,000 jobs per year over a four-year period.

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Middle Harbor Ceremony

The Port celebrated the kickoff of construction and the ceremonial lease signing for the Middle Harbor Redevelopment Project on May 14. The event featured a commemorative "golden pile" driving in front of guests and dignitaries from across the globe. Officials representing the Port, the City of Long Beach, Hong Kong-based Orient Overseas Container Line and its subsidiary Long Beach Container Terminal, LLC, the International Longshore and Warehouse Union and Los Angeles County gathered for the event.
The pioneering project, whose initial phase of construction began in 2011, is combining two aging terminals into an advanced 304-acre terminal that incorporates the most modern and green technologies available in the world. The 40-year, $4.6 billion lease by OOCL and LBCT is the biggest of its kind in U.S. history.

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Shore Power Contract Awarded

The Port has awarded a $25 million contract to Helix Electric, Inc., to retrofit four berths on Pier J so that vessels at berth can plug into shore power. The infrastructure project includes installation of outlet vaults on each wharf, four switchgear substations, and associated equipment and testing services.
The Pier J retrofit is part of the Port's larger $100 million initiative to equip Piers A, G, J and T with the infrastructure to run ships at berth on electricity ahead of state rules that require a 50 percent reduction in at-berth emissions by January 1, 2014, and an 80 percent reduction by January 1, 2020. The Port currently has four terminals equipped with shore power.

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April Cargo Volumes Down

Container traffic at the Port fell 13 percent in April compared with the same period a year ago. Imports dropped 13.8 percent, and exports dropped 16.2 percent, compared with trade volumes in April 2011. Factors in the decline included ongoing caution in the world economy and the lingering impact of last year's elimination of several niche service lines that previously called at the Port. New service lines are scheduled to be added in late May and should increase cargo volumes for the remainder of the year. Overall, analysts continue to forecast modest growth in trade for 2012.

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Pulse of the Port

On-dock rail construction projects, megaships and expert insights on trade for 2012 are among the topics featured in the latest "Pulse of the Port" episode. The award-winning program also includes a segment on the Clean Trucks Program and the Port's success in slashing air pollution from trucks by 90 percent in just over three years.

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Seafood Feast

Tickets are still available for the 25th Annual Seafood Feast Scholarship Fundraiser to be held June 13 in San Pedro from 5:30 to 7:30 p.m. The event is hosted by the Propeller Club of Los Angeles-Long Beach, the Port of Long Beach, the Port of Los Angeles, and the International Longshore and Warehouse Union. Tickets are $40 and must be purchased in advance.

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Port Maintains 'AA' Bond Rating, Stable Outlook — Fitch Ratings has affirmed its long-term AA rating on the Port of Long Beach's $693 million in outstanding bonds.

 
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