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2018 Hawaii Gubernatorial Candidates – On The Record
Colleen Hanabusa The Challenger
Facebook August 3, 2018
Airports, highways and harbors are the transportation lifelines that
connect people and businesses to each other and the world. They are
essential to a healthy economy, our military and the visitor industry. Our
airports must be frst-class facilities that are points of pride for visitors
and kama'āina.
Our harbors must be modernized to lower the cost of goods to our
residents and businesses. [Emphasis Supplied]
Our highways must be improved to connect our communities and sustain
the growth of our economy.
We have long-standing Airport Modernization Plans, Harbor
Modernization Plans and a backlog of millions of federal dollars to spend
on highways.
Congresswoman Hanabusa will prioritize putting these plans and dollars
into action.
Governor David Ige The Incumbent
Harbor Modernization – Leadership
Track Record - Performance
LinkedIn SlideShare
https://www.slideshare.net/cliftonmhasegawa/governor-david-ige-hawaii-harbor-users-group-harbor-
modernization-leadership
STATE OF HAWAII HHUGS
TOUCHING LIVES - HAWAII HARBORS USERS GROUP - HHUGS
HAWAII HARBORS MODERNIZATION PLAN
https://hidot.hawaii.gov/wp-content/uploads/2018/01/HDOT-Harbors-Division-Media-Kit-2018-1.pdf
The Harbors Modernization Plan was developed through a partnership of
the Hawaii State Legislature, the Department of Transportation, and the
Hawaii Harbors Users Group (HHUG). Where previously the
Department had not collaborated to ensure Port Hawaii was maintained
to meet the expanding needs of the industry and the state economy,
today there is a partnership committed to implementing and fnancing
the Harbors Modernization Plan (HMP).
HDOT HARBORS DIVISION BOND RATING UPGRADED
BY STANDARD & POOR’S – FEBRUARY 7, 2017
http://hidot.hawaii.gov/harbors/hdot-harbors-division-bond-rating-upgraded-by-standard-poors/v
The Hawaii Department of Transportation (HDOT) Harbors Division
received notifcation that S&P Global Ratings raised its long-term rating
and underlying rating (SPUR) to 'AA-' from 'A+ on Hawaii’s harbor system
revenue bonds issued for Hawaii Harbor Division. According to S&P
Global Ratings credit analyst Paul Dyson, “The rating action refects our
view of the harbor division's historical willingness to make ample tarif
increases to support rising operating costs, debt service, and capital
needs, and the division’s maintenance of very strong coverage and
exceptional liquidity in recent years.'
Standard & Poor’s (S&P) attached a “stable” outlook to the SPUR
upgrade, indicating secure future economic and fnancial trends for
harbor system revenue. The stable outlook refects anticipation that
upcoming port expansions and maintenance requirements will be
prioritized and undertaken as funds become available and through
adoption of policy management will maintain a cash balance refecting
1,000 days of operating expenses.
“I would like to commend Governor Ige and Director Fuchigami for their
eforts in ensuring the future success of our state by supporting vital
infrastructure projects like the Kapalama Container Terminal,” said Gary
North, Executive Director of the Hawaii Harbors Users Group. “We have
been supporting this project since 2006, we backed the legislation and got
it signed into law in 2008 but it took the leadership of Governor Ige,
Director Fuchigami and Deputy Director Young to make it happen.”
The Harbor Modernization Plan initiative has been championed by the
Hawaii Harbors Users Group and supported by the Legislature since 2008.
It identifed key improvements designed to expand harbor system capacity,
address advancements in containerized cargo handling, alleviate congestion
issues and the lack of available operational space and to develop more
adaptable and resilient port facilities.
“It has been through innovative ideas like the Road No. 2 Freight Bypass
Road, safety improvements and energy savings initiatives through high mast
lighting projects statewide that have created energy enhancement
opportunities and operational efciencies that have been the hallmark of
this administration,” stated Glenn Hong, President of the Hawaii Harbors
Users Group.
1
1
“We are very appreciative of the eforts of Governor Ige,
Director Fuchigami and Deputy Director Young in bringing these projects to
fruition.”
“This upgraded rating means that the state is able to get more buying power
from our dollars through lower interest rates, and I commend
Transportation Director Ford Fuchigami, our Harbors Deputy Director
Darrell Young and their staf for having the determination to see this
through,” stated Gov. David Ige.
1 Mr. Glenn Hong was formerly President of Young Brothers, Ltd. Mr. Hong is
currently Managing Director of Saltchuk Hawaii. Saltchuk is Young Brothers' parent
company..
HDOT will continue to pursue operational efciencies across all divisions in
order to maximize investment in the State’s infrastructure as directed by
Governor Ige.
[Emphasis Supplied]
FITCH UPGRADES HAWAII DOT'S HARBOR SYSTEM REVS TO 'AA-'
OUTLOOK REVISED TO STABLE
FEBRUARY 14, 2018
https://hidot.hawaii.gov/harbors/fles/2018/04/Fitch-Ratings-2018-02-14-HI-Harbors-Sys-Rev-Bonds-Rating-
Upgrade- AA-PR.pdf
Fitch Ratings has upgraded the rating on Hawaii Department of
Transportation's (HI) harbor system revenue bonds Series 2010 A and
2010 B to 'AA-' from 'A+'.
The Outlook is revised to Stable from Positive.
The upgrade refects the harbor system's continued strong fnancial
performance in terms of coverage, liquidity, and leverage. Favorable
metrics are driven by positive operational activities and enacted tarif
adjustments, providing cash funding for the multi-year capital program in
addition to anticipated additional borrowings.
Overall cargo volumes (measured in short tons) decreased in fscal 2017
by 2.2% with 20.8 million tons of cargo moving through the Hawaii ports.
Despite this decrease, the system's cargo volumes have surpassed pre-
recession levels, growing at a fve-year CAGR of 1.8%. The throughput
recovery since 2012 refects the rebound of tourism activity in Hawaii.
Stronger Port volumes are rising and are also anchored by the essentiality
of the port to the state's economy. The port system provides essential
maritime services and serves a state without an efcient alternative
means of transporting goods to and throughout it. This partially mitigates
the system's exposure to fuctuations in the tourism industry.
MOODY'S INVESTOR SERVICES – APRIL 3, 2018
http://hidot.hawaii.gov/harbors/state-harbors-division-receives-rating-upgrade-from-moodys-investor-services/
Tarif increases over the past several years refected “a strong
management focus on fnancial performance and have led to substantial
improvement in operating ratio and an increase in liquidity, providing
fnancial fexibility to manage operational and fnancial challenges.
We expect the growing Hawaiian economy will continue to drive demand
for goods shipped through the harbor system.
HAWAII ADMINISTRATIVE RULES, HAR §19-44 – TARIFFS
http://hidot.hawaii.gov/harbors/fles/2013/01/FAQforwebsiteFINAL.pdf
Tarif rate will a vessel be charged for a voyage that arrives at a State of Hawaii
port: Port Entry fees, Dockage fees, Wharfage fees, Pipeline Tolls, if applicable.
THE HAWAII DEPARTMENT OF TRANSPORTATION (HDOT)
http://hidot.hawaii.gov/harbors/new-roadway-to-ease-trafc-congestion-facilitate-cargo-movement/
In 2008, the Legislature found it imperative to the public interest to move
forward with key harbor modernization projects, in particular, the
Kapalama Container Terminal, based on a 2005 study commissioned by
the Hawaii Harbors Users Group (HHUG), an incorporated, non-proft
maritime transportation industry group formed in March 2005 to help
craft a common vision on Hawaii’s harbor priorities.
The support from the maritime industry, especially from HHUG
members, has been invaluable,” said Ford Fuchigami, HDOT Director.2
2 Mr. Ford Fuchigami was appointed by Governor David Ige as Administrative
Director, Ofce of The Governor on October 12, 2017.
“That is extremely signifcant when you consider that 80% of all goods
consumed in Hawaii are imported and that nearly 99% of those goods
pass through Hawaii’s commercial harbors.
GOVERNOR DAVID IGE
https://governor.hawaii.gov/newsroom/latest-news/hdot-news-release-hdot-celebrates-new- improvement-
projects-at-hilo-harbor/
These projects are more than brick and mortar improvements, they're
about providing opportunities for our people and meeting the needs of
our communities.
We are ensuring the viability of our commercial harbor system and
encouraging a healthy job market that includes work opportunities in
transportation, maritime related trades, hospitality and tourism.
PONO
Rightness and balance
The feeling of contentment when all is good and right
Managing with Aloha
http://www.managingwithaloha.com/19-values-of-aloha/pono/
WELL DONE! GOOD JOB TEAM!
Governor David Ige, Director Ford Fuchigami, Director Darrell Young
Harbors Administrator Davis Yogi
Oahu District Manager – Neil M. Takekawa
Hawaii District Manager – Jef D. Hood
Maui District Manager – Duane Kim
Kauai District Manager – Robert Crowell
ALL THE TEAM MEMBERS OF HIDOT and the HARBORS DIVISION

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Hawaii Gubernatorial Candidates Colleen Hanabusa and David Ige - Square Off - One Talking the Walk, One Walking the Talk

  • 1. 2018 Hawaii Gubernatorial Candidates – On The Record Colleen Hanabusa The Challenger Facebook August 3, 2018 Airports, highways and harbors are the transportation lifelines that connect people and businesses to each other and the world. They are essential to a healthy economy, our military and the visitor industry. Our airports must be frst-class facilities that are points of pride for visitors and kama'āina. Our harbors must be modernized to lower the cost of goods to our residents and businesses. [Emphasis Supplied] Our highways must be improved to connect our communities and sustain the growth of our economy. We have long-standing Airport Modernization Plans, Harbor Modernization Plans and a backlog of millions of federal dollars to spend on highways. Congresswoman Hanabusa will prioritize putting these plans and dollars into action. Governor David Ige The Incumbent Harbor Modernization – Leadership Track Record - Performance LinkedIn SlideShare https://www.slideshare.net/cliftonmhasegawa/governor-david-ige-hawaii-harbor-users-group-harbor- modernization-leadership
  • 2. STATE OF HAWAII HHUGS TOUCHING LIVES - HAWAII HARBORS USERS GROUP - HHUGS HAWAII HARBORS MODERNIZATION PLAN https://hidot.hawaii.gov/wp-content/uploads/2018/01/HDOT-Harbors-Division-Media-Kit-2018-1.pdf The Harbors Modernization Plan was developed through a partnership of the Hawaii State Legislature, the Department of Transportation, and the Hawaii Harbors Users Group (HHUG). Where previously the Department had not collaborated to ensure Port Hawaii was maintained to meet the expanding needs of the industry and the state economy, today there is a partnership committed to implementing and fnancing the Harbors Modernization Plan (HMP). HDOT HARBORS DIVISION BOND RATING UPGRADED BY STANDARD & POOR’S – FEBRUARY 7, 2017 http://hidot.hawaii.gov/harbors/hdot-harbors-division-bond-rating-upgraded-by-standard-poors/v The Hawaii Department of Transportation (HDOT) Harbors Division received notifcation that S&P Global Ratings raised its long-term rating and underlying rating (SPUR) to 'AA-' from 'A+ on Hawaii’s harbor system revenue bonds issued for Hawaii Harbor Division. According to S&P Global Ratings credit analyst Paul Dyson, “The rating action refects our view of the harbor division's historical willingness to make ample tarif increases to support rising operating costs, debt service, and capital needs, and the division’s maintenance of very strong coverage and exceptional liquidity in recent years.' Standard & Poor’s (S&P) attached a “stable” outlook to the SPUR upgrade, indicating secure future economic and fnancial trends for harbor system revenue. The stable outlook refects anticipation that upcoming port expansions and maintenance requirements will be prioritized and undertaken as funds become available and through adoption of policy management will maintain a cash balance refecting 1,000 days of operating expenses.
  • 3. “I would like to commend Governor Ige and Director Fuchigami for their eforts in ensuring the future success of our state by supporting vital infrastructure projects like the Kapalama Container Terminal,” said Gary North, Executive Director of the Hawaii Harbors Users Group. “We have been supporting this project since 2006, we backed the legislation and got it signed into law in 2008 but it took the leadership of Governor Ige, Director Fuchigami and Deputy Director Young to make it happen.” The Harbor Modernization Plan initiative has been championed by the Hawaii Harbors Users Group and supported by the Legislature since 2008. It identifed key improvements designed to expand harbor system capacity, address advancements in containerized cargo handling, alleviate congestion issues and the lack of available operational space and to develop more adaptable and resilient port facilities. “It has been through innovative ideas like the Road No. 2 Freight Bypass Road, safety improvements and energy savings initiatives through high mast lighting projects statewide that have created energy enhancement opportunities and operational efciencies that have been the hallmark of this administration,” stated Glenn Hong, President of the Hawaii Harbors Users Group. 1 1 “We are very appreciative of the eforts of Governor Ige, Director Fuchigami and Deputy Director Young in bringing these projects to fruition.” “This upgraded rating means that the state is able to get more buying power from our dollars through lower interest rates, and I commend Transportation Director Ford Fuchigami, our Harbors Deputy Director Darrell Young and their staf for having the determination to see this through,” stated Gov. David Ige. 1 Mr. Glenn Hong was formerly President of Young Brothers, Ltd. Mr. Hong is currently Managing Director of Saltchuk Hawaii. Saltchuk is Young Brothers' parent company..
  • 4. HDOT will continue to pursue operational efciencies across all divisions in order to maximize investment in the State’s infrastructure as directed by Governor Ige. [Emphasis Supplied] FITCH UPGRADES HAWAII DOT'S HARBOR SYSTEM REVS TO 'AA-' OUTLOOK REVISED TO STABLE FEBRUARY 14, 2018 https://hidot.hawaii.gov/harbors/fles/2018/04/Fitch-Ratings-2018-02-14-HI-Harbors-Sys-Rev-Bonds-Rating- Upgrade- AA-PR.pdf Fitch Ratings has upgraded the rating on Hawaii Department of Transportation's (HI) harbor system revenue bonds Series 2010 A and 2010 B to 'AA-' from 'A+'. The Outlook is revised to Stable from Positive. The upgrade refects the harbor system's continued strong fnancial performance in terms of coverage, liquidity, and leverage. Favorable metrics are driven by positive operational activities and enacted tarif adjustments, providing cash funding for the multi-year capital program in addition to anticipated additional borrowings. Overall cargo volumes (measured in short tons) decreased in fscal 2017 by 2.2% with 20.8 million tons of cargo moving through the Hawaii ports. Despite this decrease, the system's cargo volumes have surpassed pre- recession levels, growing at a fve-year CAGR of 1.8%. The throughput recovery since 2012 refects the rebound of tourism activity in Hawaii. Stronger Port volumes are rising and are also anchored by the essentiality of the port to the state's economy. The port system provides essential maritime services and serves a state without an efcient alternative means of transporting goods to and throughout it. This partially mitigates the system's exposure to fuctuations in the tourism industry.
  • 5. MOODY'S INVESTOR SERVICES – APRIL 3, 2018 http://hidot.hawaii.gov/harbors/state-harbors-division-receives-rating-upgrade-from-moodys-investor-services/ Tarif increases over the past several years refected “a strong management focus on fnancial performance and have led to substantial improvement in operating ratio and an increase in liquidity, providing fnancial fexibility to manage operational and fnancial challenges. We expect the growing Hawaiian economy will continue to drive demand for goods shipped through the harbor system. HAWAII ADMINISTRATIVE RULES, HAR §19-44 – TARIFFS http://hidot.hawaii.gov/harbors/fles/2013/01/FAQforwebsiteFINAL.pdf Tarif rate will a vessel be charged for a voyage that arrives at a State of Hawaii port: Port Entry fees, Dockage fees, Wharfage fees, Pipeline Tolls, if applicable. THE HAWAII DEPARTMENT OF TRANSPORTATION (HDOT) http://hidot.hawaii.gov/harbors/new-roadway-to-ease-trafc-congestion-facilitate-cargo-movement/ In 2008, the Legislature found it imperative to the public interest to move forward with key harbor modernization projects, in particular, the Kapalama Container Terminal, based on a 2005 study commissioned by the Hawaii Harbors Users Group (HHUG), an incorporated, non-proft maritime transportation industry group formed in March 2005 to help craft a common vision on Hawaii’s harbor priorities. The support from the maritime industry, especially from HHUG members, has been invaluable,” said Ford Fuchigami, HDOT Director.2 2 Mr. Ford Fuchigami was appointed by Governor David Ige as Administrative Director, Ofce of The Governor on October 12, 2017.
  • 6. “That is extremely signifcant when you consider that 80% of all goods consumed in Hawaii are imported and that nearly 99% of those goods pass through Hawaii’s commercial harbors. GOVERNOR DAVID IGE https://governor.hawaii.gov/newsroom/latest-news/hdot-news-release-hdot-celebrates-new- improvement- projects-at-hilo-harbor/ These projects are more than brick and mortar improvements, they're about providing opportunities for our people and meeting the needs of our communities. We are ensuring the viability of our commercial harbor system and encouraging a healthy job market that includes work opportunities in transportation, maritime related trades, hospitality and tourism. PONO Rightness and balance The feeling of contentment when all is good and right Managing with Aloha http://www.managingwithaloha.com/19-values-of-aloha/pono/ WELL DONE! GOOD JOB TEAM! Governor David Ige, Director Ford Fuchigami, Director Darrell Young Harbors Administrator Davis Yogi Oahu District Manager – Neil M. Takekawa Hawaii District Manager – Jef D. Hood Maui District Manager – Duane Kim Kauai District Manager – Robert Crowell ALL THE TEAM MEMBERS OF HIDOT and the HARBORS DIVISION