Maritime

Aug 27, 2018

Carolina Beach town marina repairs are expected to enhance appearance, accessibility and provide a more durable construction, which could bring more people to the marina. Repairs have been completed on half of the west side of the marina, said town of Carolina Beach planning director and assistant town manager Ed Parvin said. Crews are now finishing up th ...

Aug 27, 2018

Wilmington Boat Show Expected To Reel In $1.5M

By Christina Haley O'Neal, posted Aug 27, 2018

The Wilmington Boat Show is estimated to attract 15,000 people to the Port City, making waves with its late-summer tourism impact. Based on anticipated attendance numbers from boat show organizers, the Wilmington and Beaches Convention and Visitors Bureau (CVB) estimates that the raw economic impact from the 2018 Wilmington Boat Show will be more than $619,000, accordin ...

Jul 30, 2018

Port Of Wilmington Sets Record In Annual Container Traffic

By Christina Haley O'Neal, posted Jul 30, 2018

N.C. Ports has sailed into new territory in its container business growth in Wilmington, according to an announcement Monday.   During the port’s fiscal year 2018, which ended June 30, N.C. Ports reported a record 38 percent year-over-year growth in the number of containers that moved through the Port of Wilmington, a news release stated. Year-over-year genera ...

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Are You Blockchain Bound?

Posted Sep 4, 2018
This Insights article was contributed by Dr. Brian R. Kinard, Professor of Marketing, Cameron School of Business

Blockchain – the distributed cryptographic ledger technology that has given rise to the cryptocurrency craze – is now becoming a building block in business school curriculum.

Top business schools, such as Duke, MIT and Harvard, have add...read entire article
Jul 9, 2018

St. Bart's Yachts Opens Second NC Location Near Wrightsville Beach

By Christina Haley O'Neal, posted Jul 9, 2018

An international company in the maritime industry opened its doors in the Wrightsville Beach area this month. St. Bart’s Yachts, a boat dealer and authorized agent for the international brand Beneteau, officially opened the doors of its 800-square-foot office space at 7232 Wrightsville Ave. on July 2, according to Peter Kurki, lead broker with St. Bart’s Yac ...

Jun 29, 2018

More Port Projects On The Way To Support Future Growth

By Christina Haley O'Neal, posted Jun 29, 2018

N.C. Ports' container business has grown 61 percent, year over year to date, according to Paul Cozza, executive director of N.C. Ports.  To keep up with that growth, Cozza said port officials are looking into additional projects, including deepening the Cape Fear River and upgrading its container yard. The projects were part of the updates Cozza ...

Jun 19, 2018

Gov. Roy Cooper traveled to the Port of Wilmington on Tuesday to get updates from port executives and take a tour of the facility's new neo-Panamax cranes. Although much of the meeting with the governor and port officials was behind closed doors, Cooper said following his public tour of the cranes that he wanted to get a "firsthand look" at the new additio ...

Mar 16, 2018

N.C. Ports Recovers From Hanjin Bankruptcy, Gets Fitch Upgrade

By Christina Haley O'Neal, posted Mar 16, 2018

N.C. Ports experienced a quick and full recovery after the bankruptcy of Hanjin Shipping Co., its largest customer, according to a March report by Fitch Ratings. Increased shipping lines that have led to increased throughput at the ports were some of the key drivers cited as Fitch Ratings upgraded N.C. Ports’ $38.2 million senior lien port facilities rev ...

Jan 31, 2018

New Cranes, Said To Boost Business, En Route To Wilmington Port

By Christina Haley O'Neal, posted Jan 31, 2018

N.C. Ports is expecting the arrival of two neo-Panamax cranes this spring, building upon the port’s ongoing infrastructure improvements that officials have said will increase its global marketability. The two cranes were constructed by Shanghai Zhenjua Heavy Industry Co., the same company that built the port’s current post-Panamax cranes, according to Bethan ...

Dec 15, 2017

2017 Top Stories: No. 4 - Port Of Wilmington Adds New Service Lines

By Christina Haley O'Neal, posted Dec 15, 2017

The Port of Wilmington is seeing new growth, recovering business after the upheaval of global ocean carrier Hanjin Shipping Co. in mid-2016.   The port saw nearly 231,000 TEUs (20-foot equivalent unit containers) in its 2017 fiscal year from July to June, down from about 284,700 in the 2016 fiscal year, according to numbers released by N.C. Ports.   Officials ...

Dec 12, 2017

Corps’ Hurricane Relief Work Continues

By Terry Reilly, posted Dec 12, 2017

With hurricane season ending on Nov. 30, thoughts of violent tropical storms have been replaced by holiday season plans for most Cape Fear residents. But not everyone.   Lisa Parker recently spent weeks in the U.S. Virgin Islands helping with the islands recover from the double barrel blasts from Hurricane Irma and Hurricane Maria that devastated the three main isla ...

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Changes Coming to Sales Tax on Internet Sales

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Intellectual Property Can Add Value to Your Hospitality Business

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Tax Evasion Versus Tax Avoidance

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