Port of Hueneme cuts debt as revenue soars

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By Marissa Nall / Friday, October 19th, 2018 / Comments Off on Port of Hueneme cuts debt as revenue soars

Revenue for the Port of Hueneme reached a record high of $17.2 million in 2018. After experiencing a record year, the Port of Hueneme has embarked on a course to pay off bond debt and fully fund its retiree benefit program. The port’s revenue, entirely derived from cargo-related fees, is up around 23 percent since…

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