Maritime

Sep 30, 2022

The (boat) Show Must Go On; Event To Continue Through Weekend

By Johanna F. Still, posted Sep 30, 2022

Though many events and local operations have wound down for the day in preparation of Hurricane Ian’s arrival, the Wilmington Boat Show is still on.  After pummeling west Florida, Hurricane Ian is projected to make landfall again midday Friday in South Carolina as a Category 1 hurricane. The Cape Fear region is expected to be inundated with heavy rainfall, wi ...

Jul 20, 2022

Environmental and offshore wind researchers shared their insights at the N.C. Offshore Wind and Wildlife Solutions Summit this week, weighing the balance of protecting coastal resources with the need to reduce greenhouse gas emissions through alternative energy sources.  Hosted by the N.C. Coastal Federation and other environmental groups, the summit on Tuesda ...

Apr 15, 2022

Port Moves Ahead With Nearly $22.6M Reefer Yard Expansion 

By Johanna F. Still, posted Apr 15, 2022

The Port of Wilmington will soon feature even more room equipped to temporarily store refrigerated containers.  Last month, the N.C. State Port Authority Board of Directors voted to authorize phase two of its reefer yard expansion, a nearly $22.6 million project.  The first $14 million phase, which wrapped in May 2020, introduced 540 new plugs to the p ...

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UBS Decision Point Wealth Consulting

The Three Dimensions Of Selling Your Business

Posted Sep 22, 2021
With our team of Certified Exit Planning Advisors and CERTIFIED FINANCIAL PLANNER™ professionals, Chad Pearson, Donis Smith and Jillian Dempsey,  as well as access to the resources of UBS, we can help you at every state of your business lifecycle, whether you’re accelerating growth, evaluating value, preparing a transition or planning your post-exit life.

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Apr 14, 2022

North Carolina State Ports Authority’s fifth annual cold chain summit convened a variety of stakeholders at the day-long conference Tuesday, who reflected on the past year of disruptions, redirections and reimagined paths forward in the transportation scene.  The pandemic-prompted supply chain disruptions brought an entire industry into the limelight that had ...

Mar 25, 2022

Two Offshore Wind Leases To Be Auctioned For Wilmington East

By Johanna F. Still, posted Mar 25, 2022

The area off Southeastern North Carolina's coast being considered for offshore wind will be divided into two leases when companies bid on the rights to develop the ocean areas 17 nautical miles from Bald Head Island, federal officials announced Friday. The Bureau of Ocean Energy Management issued its final sale notice to lease the Wilmington East Wind Energy Area ...

Feb 23, 2022

Port’s $26M South Gate Container Complex Opens

By Johanna F. Still, posted Feb 23, 2022

On Valentine’s Day, the Port of Wilmington officially opened its new South Gate Container Complex after months of beta testing new systems and processes. The $26 million project began three years ago. It reconfigured the port’s previous container gate layout used by truckers, increasing the outbound lanes from three to six and inbound lanes from four to seve ...

Feb 17, 2022

The Village of Bald Head Island submitted a formal complaint to the N.C. Utilities Commission Wednesday, asking it to regulate Bald Head Island Limited's currently unregulated parking and barge operations. The commission currently governs rate increases for Bald Head Island Limited’s ferry and tram services. Each of the company’s four services functio ...

Feb 4, 2022

Unlocking Offshore Wind's Potential

By Johanna F. Still, posted Feb 4, 2022

An offshore wind farm off the Southeastern North Carolina shoreline has the potential to materialize billions in economic development opportunities, according to stakeholder estimates.   Forging the ambitious project into a reality will call for a coordinated and robust response from private and public stakeholders, necessitating a bulked-up stateside manufacturing ...

Jan 28, 2022

This headline and story have been corrected. Click here to read the updated version. ...

Jan 19, 2022

New Port Facility Opens Up Soybean Farmers To New Markets

By Johanna F. Still, posted Jan 19, 2022

A new facility at the Port of Wilmington is introducing North Carolina soybean farmers to new buyers.  Constructed by Scoular, an Omaha-based company specializing in international trade and supply chain solutions, the transload facility opened last week. It allows for the convenient containerization of soybeans and other agricultural products to be loaded onto ship ...

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