The U.S. Department of Transportation has announced a tranche of grant awards, including $18 million headed to the Port of Wilmington for a rail enhancement project.  On Thursday, the DOT named awardees that were granted a combined $2.2 billion from the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program – designed to assist comm ...

Port City Logistics leaders have had their eyes on Wilmington for a few years. The Savannah-based logistics company announced it had plans to expand into Wilmington earlier this week, and CEO Eric Howell said the markets' similarities helped officials make their decision.  “Wilmington reminds us of Savannah 15, 20 years ago, before Savannah kind of p ...

Gov. Roy Cooper announced on Tuesday a third-party logistics provider will create 75 new jobs in New Hanover County.  Port City Logistics plans to construct a 150,000-square-foot “high velocity” transload facility with cross-dock doors located near the Port of Wilmington. This buildout will cost around $16 million and will introduce a warehouse storage ...

After years of inactivity due to storm damage, the Port of Wilmington once again has an operating wood chip facility with the opening of Basaga International.  The company exported its first major shipment filled with 36,000 short tons of wood chips on July 24, headed to Turkey. Aboard a roughly 650-foot vessel, Basaga International loaded roughly $2.5 million wort ...

Bald Head Island Ltd. has cemented a purchase agreement with a Raleigh-based private equity firm to sell the island’s ferry transportation infrastructure and other lingering assets of the George Mitchell estate.  The $67.7-million deal with SharpVue Capital announced Tuesday is partially contingent upon the approval of the transaction by the N.C. Utilities Co ...

Rights to plan two wind farms off the coast of Southeastern North Carolina were provisionally awarded to two companies Wednesday, fetching $315 million in combined bids.  The Bureau of Ocean Energy Management’s (BOEM) auction began Wednesday morning for two lease areas in the Wilmington East Wind Energy Area, totaling nearly 110,100 acres. With each area ...

Bald Head Island Ltd., the parent company of the island’s ferry transportation enterprise, is asking state regulators to disregard the Village of Bald Head Island’s request for additional oversight on the company's other transportation-related services.  Last month, the village formally asked the N.C. Utilities Commission to regulate Bald Head Islan ...

Major players in the renewable energy sphere have shared their perspectives with the Bureau of Ocean Energy Management regarding its proposed offshore wind lease of Wilmington East, an ocean-bound area 15 nautical miles from Bald Head Island. The development of wind turbines in this 127,865-acre space could generate billions in economic development opportunities fo ...

Spoiler alert: You can’t see the potential offshore wind farm from shore. That’s according to renderings released Friday by the Offshore Wind for North Carolina, an organization created by the Southeastern Wind Coalition.  The sample visualizations depict what an offshore wind farm installed 15 nautical miles (nm) off the coast of Bald Head Island would ...

The Port of Wilmington attracted a new global shipping carrier, CMA CGM. The company announced Wednesday it will make its inaugural one-time stop at the Port of Wilmington sometime in March. Roughly 10,500 containers aboard the CMA CGM COLUMBA will be filled with furniture, household goods, consumer products and construction tools from Asia to be delivered along th ...