Puerto Rico Ports Authority Debt Back to Investment Grade with Moody's Boost
- Standard & Poors gives Ports Authority A-. Garza, Daniel R. // Caribbean Business;10/2/1997, Vol. 25 Issue 39, p30
Reports that the Puerto Rico Ports Authority, was given an A- bond rating, by the Standard and Poors (S&P) company. Removal of the government agency from S&P CreditWatch; Reflection of the Ports Authority's improved financial performance.
- Let's hear it for businesspeoplc. // Caribbean Business;4/9/2009, Vol. 37 Issue 14, p25
The author reflects on the plans of executive director Alvaro Pilar for the recovery of the Puerto Rico Ports Authority. The author cites that Pilar has planned to fix the company's financial situation, sell $250 million worth of properties and scale back payroll through retirement. The author...
- OSI Systems [OSIS]: OSI Systems Begins Providing Cargo Scanning Services in Puerto Rico. // TR2: Terror Response Technology Report;4/27/2011, Vol. 7 Issue 9, p4
This article reports on the move of the Rapiscan Systems division of OSI Systems to offer cargo scanning services to the Puerto Rico Ports Authority (PRPA) in 2011. Analysts expect the value of the operation's revenue between 100 million and 300 million U.S. dollars over 10 years. The PRPA aims...
- Ports Authority reaches agreement with shipping industry on cargo rates. Martinez, Marialba // Caribbean Business;11/6/2003, Vol. 31 Issue 44, p35
Reports on an agreement between the Puerto Rico Ports Authority and members of the island's maritime cargo transportation industry to increase the agency's rates. Rise in cargo tariffs in 2004, followed by an additional increase annually until 2008; Revenue of the agency; Implications of the...
- Ports Authority's proposed fee hikes would generate $13.8 million in two years. Martinez, Marialba // Caribbean Business;8/21/2003, Vol. 31 Issue 33, p4
Reports on the proposal of the Puerto Rico Ports Authority to increase service fees in the next two years. Agency's 2003 base revenue; Opposition of the Puerto Rico Shippers Association to the proposal on the ground that it would hurt that island's shipping industry and consumers who depend on...
- Ports Authority to shed money losers, re-enter the bond market in 1999. Garza, Daniel R. // Caribbean Business;9/3/1998, Vol. 26 Issue 35, p6
Focuses on a proposed legislation which could remove money-losing ferry services and regional airports from the Puerto Rico Ports Authority. Comments from Marcos Rodriguez-Ema, president of the Government Development Bank; When the legislation will be presented to the Legislature; Provisions of...
- Acuaexpreso service halted. Trinidad, Pablo J. // Caribbean Business;11/11/1993, Vol. 21 Issue 45, p21
Reports on Puerto Rico Ports Authority's decision to indefinitely halt its Acuaexpreso passenger ferry services between Hato Rey and Old San Juan. Accumulation of sediment and debris in the Martin Pena Channel; Damage to ferries' propellers; Number of people using the ferry service.
- Sulsona set to put Ports back on course. Neggers, Xavira // Caribbean Business;5/19/1994, Vol. 22 Issue 20, p22
Focuses on the Puerto Rico Ports Authority. Losses sustained in fiscal year 1993 to 1994; Efforts by executive director Herman Sulsona to help increase revenues; Plans for expansion of marketing.
- Mismanagement costly for Ports Authority. Trinidad, Pablo J. // Caribbean Business;10/21/1993, Vol. 21 Issue 42, p36
Reports on losses incurred by the Puerto Rico Ports Authority's operations from mismanagement, inefficiency and possible corruption. Results of preliminary audit; Liberalization of fiscal controls attributed to losses; Nonreporting of real aircraft and passenger movement at island airport;...