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CPA to revamp harbor rules

The Commonwealth Ports Authority would soon revamp the existing rules and regulations governing the operation of the islands’ seaports. CPA executive director MaryAnn Lizama reported this to the board of directors, who were also informed about the creation of a panel that would...
Posted On Apr 01 2014 17:21
, By Moneth G. Deposa

Inos, CPA seek solutions to resolve shipping woes on Rota

To remedy the shipping woes on Rota, Gov. Eloy S. Inos meet with officials of the Commonwealth Ports Authority last week to seek its views on the integrity of the island’s harbor. CPA executive director MaryAnn Lizama told Saipan Tribune that the March 26 meeting centered on...
Posted On Mar 31 2014 15:49
, By Moneth G. Deposa

DPL nixes CPA request for public domain on two lots

The Department of Public Lands has rejected a request of the Commonwealth Ports Authority to hold off issuing lease agreements for two areas that CPA has identified as vital for its future seaport expansion. CPA seaports facilities chair Benigno Sablan disclosed this development...
Posted On Mar 28 2014 14:51
, By Moneth G. Deposa

CPA airport revenue bond gets positive ‘B-’ rating, too

The Commonwealth Ports Authority got another positive grade for its airport revenue bonds. Fitch Rating issued this week a “BB-” rating for CPA’s approximately $30.4 million of outstanding seaport revenue bonds. Outlook is stable. For the airport revenue bonds, the global rating...
Posted On Mar 28 2014 14:49
, By Moneth G. Deposa
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