Guam’s Port Authority is steering its finances into safer waters, approving a $3 million debt pay down using its own reserve funds.  The board of directors voted unanimously to reduce bond debt from 2018, a smart move aimed at protecting the port’s financial health and keeping future borrowing options wide open.

While the port isn’t facing a crisis, this decision boosts its debt coverage ratio - a key financial benchmark  - from a projected 0.85 to a strong 1.78. That means better compliance, stronger creditworthiness, and more freedom to invest in long-term improvements.

What makes this move stand out? No new borrowing, no extra fees, just disciplined planning and strategic use of existing resources.

The port also rolled out operational updates, including new job classifications and a push to modernize leadership roles, all part of a broader commitment to transparency, accountability, and smart governance.

Guam’s seaport is proving it can deliver — not just cargo, but confidence in its future.