Maritime

Jan 12, 2021

N.C. Ports Partners With Omaha Firm On Agricultural Transload Facility

By Christina Haley O'Neal, posted Jan 12, 2021

A new partnership will bring a development to the Port of Wilmington that will help support the state's agricultural business, the N.C. State Ports Authority announced Tuesday. The authority is expanding capabilities through a venture with Omaha, Nebraska-based Scoular, which will build an agricultural transload facility slated for completion this summer, officials ...

Nov 6, 2020

N.C. Ports Names COO

By Staff Reports, posted Nov 6, 2020

N.C. Ports officials announced this week that they have named a new chief operating officer. Industry veteran Doug Vogt is the next COO for the ports, where he "will apply his extensive experience to further improve the operational excellence at the Port of Wilmington, Port of Morehead City and Charlotte Inland Port," according to a news release. His j ...

Nov 5, 2020

Panelists Talk COVID Disruption At N.C. Ports' Cold Chain Summit

By Christina Haley O'Neal, posted Nov 5, 2020

The COVID-19 crisis threw off the global shipping and trading industry this year, causing many firms to switch gears and put action plans in place to help keep supply chains going. But bracing and planning for the type of disruption the pandemic caused industry-wide has been a challenge, three panelists said Thursday during the N.C. Ports Cold Chain Summit webinar serie ...

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The State Of The Rental Market In Southeastern NC

Posted Jan 4, 2021
January 2021 - Despite the many challenges presented by 2020, we’re happy to say that the rental market in the Greater Wilmington Area remained strong. Across the board, occupancy rates continue to be at an all-time high. For us at Sweyer Property Management, they averaged 97% for the year.

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Oct 26, 2020

State Legislators Voice Opinions On Port Project

By Christina Haley O'Neal, posted Oct 26, 2020

State legislators representing Southeastern North Carolina are voicing opinions on the N.C. Ports harbor deepening project, which is still awaiting federal approvals. Sen. Bill Rabon (R-Brunswick), along with Sens. Jim Davis (R-Macon) and Tom McInnis (R-Richmond), recently renewed their support for the Wilmington Harbor Navigational Improvement Project, according to a n ...

Aug 20, 2020

The Wilmington Boat Show’s debut in 2016 made a successful splash, bringing more than 12,000 paying attendees to downtown Wilmington for the event. Hurricanes affected the next two shows, with Hurricane Dorian canceling last year’s. But this year, JBM & Associates is bringing the event to the Port City in October instead of September, with coronavirus pa ...

Aug 7, 2020

N.C. Ports Sees Traffic Increase At The Wilmington Port

By Christina Haley O'Neal, posted Aug 7, 2020

The Port of Wilmington saw an increase in port volumes last fiscal year, according to a news release from the N.C. State Ports Authority this week. In the 2019-20 fiscal year, which ended June 30, the Wilmington port had a 4% increase in its container volume over the previous fiscal year, officials said in the release Thursday. The release did not include the number ...

Jun 29, 2020

Off The Hook Buys Bennett Brothers Yachts

By Christina Haley O'Neal, posted Jun 29, 2020

Wilmington-based Off the Hook Yacht Sales NC LLC has acquired Bennett Brothers Yachts, a longtime marine industry services firm. The sale, the amount of which was not disclosed, took place late last week, according to Chris Capone, vice president and CFO of Off the Hook Yacht Sales. Off The Hook Yacht Sales has purchased the business and 12-acre property, 1701 Jel Wa ...

Jun 25, 2020

New Leader Named For N.C. Ports As Cozza Retires

By Christina Haley O'Neal, posted Jun 25, 2020

It’s been about a two-year process to plan for the next N.C. State Ports Authority leader, executive director Paul Cozza said Thursday. Cozza, who began his role with the authority in 2014, announced Thursday his retirement at the end of the year. The announcement was made during the regular meeting of the N.C. State Ports Authority, which also voted Thursday t ...

Jun 5, 2020

N.C. Ports Sets Sail With Big Opportunities

By Christina Haley O'Neal, posted Jun 5, 2020

The N.C. State Ports Authority expects to see some direct economic benefits from landing the larger ships visiting ports along the East Coast.   Last month, the authority made history with the largest container ship ever to visit the Port of Wilmington. The MV Hyundai Hope’s trip to the port May 20 marked a significant step in developing economic oppor­ ...

Apr 8, 2020

N.C. Ports Completes Project To Bring In Larger Ships

By Christina Haley O'Neal, posted Apr 8, 2020

N.C. Ports has completed the second phase of its turning basin expansion that will ready the Port of Wilmington to serve some of the largest container ships reaching ports along the East Coast, according to a news release. The capital project widened the turning basin -- just north of the Port of Wilmington in the Cape Fear River -- from 1,400 feet to just over 1,500 fe ...

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In The Current Issue

Predictions Mixed For Real Estate

Residential and commercial real estate in the Wilmington area is expected to thrive in certain areas and struggle in others this year....


Programs Aim To Build Workforce

The construction and IT sectors are the focus of new collab­oratives forming this year to address the area’s workforce develop­ment needs....


Local Advisers Share New Year Tips

With the market tumult of 2020 behind us, financial ad­visers are ready to help their clients navigate the possible challenges and opportuni...

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