The Sacramento-Yolo Port District was created in 1947, and ground was broken on the Port of Sacramento in 1949. On June 29, 1963, with 5,000 spectators waiting to welcome her, the Motor Vessel Taipei Victory arrived. The port was open for business. The Nationalist Chinese flagship, freshly painted for the historic event, was loaded with 5,000 tons of bagged rice for Mitsui Trading Co. bound for Okinawa and 1,000 tons of logs for Japan. She was the first ocean-going vessel in Sacramento since the steamship Harpoon in 1934. The Port of Sacramento has been plagued with operating losses in recent years and faces bankruptcy. This severe loss in business is due to the heavy competition from the Port of Stockton, which has a larger facility and a deeper channel. As of 2006, the city of West Sacramento took responsibility for the Port of Sacramento. During the Vietnam War era, the Port of Sacramento was the major terminus in the supply route for all military parts, hardware and other cargo going into Southeast Asia.