Maritime

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 ...

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Paycheck Protection Program (PPP) Update

Posted Oct 9, 2020
We have received questions about when people should apply for PPP Forgiveness and whether forgiveness applications are being processed. As with everything in our world, that answer begins with “it depends”. For starters, some lenders are accepting applications for forgiveness and others are not or only doing so for a small subset of their clients.
 
On October 8th, t...read entire article
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 ...

Mar 20, 2020

MADE: Hooking The Fishing Market

By Staff Reports, posted Mar 20, 2020

Eastern Metal Works Inc. 6748 Market St., Unit 4, Wilmington​ No. of employees: Not disclosed for competitive reasons   Year founded:1983   Top local official: Thomas C. Meyers Sr., CEO   Company description: Eastern Metal Works Inc. is a locally owned and operated business. The company is a wholesale manufacturer that designs, develops and makes m ...

Feb 28, 2020

Researchers Hope To Catch Info About State's Fishing Industry

By Christina Haley O'Neal, posted Feb 28, 2020

A new study is underway to calculate the economic impacts of the state’s commercial fishing industry. The study is being conducted through four different surveys to help gather data, said Chris Dumas, professor of economics in the department of environmental sciences at the University of North Carolina Wilmington. Dumas is part of a team made up of UNCW, N.C. S ...

Feb 25, 2020

Port: Coronavirus Impacts To Cause Some Missed Sailings

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

The Port of Wilmington will experience some cancellations in its port schedule over the next two months due to impacts from the coronavirus outbreak and the extended Lunar New Year in China, port officials said Tuesday. N.C. Ports will experience three "blank sailings" scheduled to take place between March and early April, said Bethany Welch, spokeswoman for N ...

Feb 24, 2020

Dockbuilder Plans To Move, Grow In Castle Hayne

By Christina Haley O'Neal, posted Feb 24, 2020

Bellingham, Washington-based Bellingham Marine Industries has plans to relocate in Castle Hayne to expand its local dock manufacturing operation. A public meeting will be held Monday on the company's plans, which would require a rezoning and special use permit request for the proposed site of Bellingham Marine's relocation. The company is looking to move to 4 ...

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