Maritime

Nov 22, 2024

A new microscope at the Port of Wilmington could help streamline the inspection of imported produce and agricultural products. U.S. Customs and Border Protection (CBP) specialists will use a new Leica Microscope to inspect imported produce and agricultural commodities to ensure they don’t contain pests that could harm domestically grown plants and agriculture, acc ...

Oct 1, 2024

International Longshoremen’s Association workers at the Port of Wilmington went on strike Tuesday amid broader work stoppages at ports on the East and Gulf coasts. The ILA and the United States Maritime Alliance Ltd., an entity that represents container carriers, terminal operators and port associations, failed to agree on a new contract before the previous contra ...

Sep 24, 2024

Wilmington Port Plans For Potential Strike

By Emma Dill, posted Sep 24, 2024

The Port of Wilmington has released a contingency plan ahead of a possible strike. Contract negotiations are ongoing between the International Longshoremen’s Association and the United States Maritime Alliance Ltd., an entity representing the management of ports, terminals and shipping lines. The current contract is set to expire at midnight on Sept. 30 and union ...

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Murphy Business & Financial Corp

Market Predictions Aside, Well-Run Businesses Always Sell

Posted Jan 6, 2025
This time of year, I am frequently asked about the outlook for buying and selling businesses in the upcoming year. Business owners in particular are eager to understand the trends and levels of interest I am seeing on both the buy-side and sell-side of the market. 

There are many variables that impact the outlook - economic growth, interest rates, inflation - to name a few, but...read entire article
Jun 6, 2024

Port Of Wilmington Tech Updates Aim To Increase Efficiency

By Audrey Elsberry, posted Jun 6, 2024

The Port of Wilmington is completing technology updates in its warehouses and strengthening its crane software network following concerns from the federal government about Chinese crane manufacturers, port officials said last month during a North Carolina State Ports Authority board of directors meeting.   At the meeting, Doug Vogt, the port's chief operati ...

Apr 30, 2024

Wilmington-based Intracoastal Angler has plans to grow with two new locations in Hampstead. The expansion “marks a significant milestone” for the long-time fishing gear and tackle shop, according to a news release Tuesday announcing the new stores. Intracoastal Angler currently serves the Wilmington area at its store on Oleander Drive, offering everything fr ...

Apr 24, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

By Audrey Elsberry, posted Apr 24, 2024

Cold Summit Development founder and CEO Scott Pertel gave an update on the company's cold storage facility near the Port of Wilmington last week after delaying the expected completion date by a year. The facility is expected to be complete on Sept. 23, said Brian Clark, N.C. Ports executive director, in his opening statement at this year's Co ...

Apr 19, 2024

A sea of economic development, cold storage and ports professionals gathered in Wilmington for the seventh annual North Carolina State Ports Authority Cold Chain Summit on Thursday. Key issues discussed throughout the three panels and several speakers’ presentations were the state’s growth in population and economic activity and the importance of building co ...

Apr 12, 2024

The University of North Carolina Wilmington’s Center for Cyber Defense Education secured $625,000 in federal dollars, the university announced Thursday. With help from U.S. Rep. David Rouzer (R-NC), UNCW is slated to receive funding from the federal budget for the 2024 fiscal year. The money will fund a research project entitled “Maritime Cyber Security: Sta ...

Apr 8, 2024

Port Of Wilmington To Receive Diverted Cargo From Baltimore

By Audrey Elsberry, posted Apr 8, 2024

Two weeks after the Port of Baltimore was crippled by the collapse of the Francis Scott Key Bridge, at least one customer is directing its cargo to the Port of Wilmington, according to N.C. State Ports Authority officials.   The morning after a container ship departed the Port of Baltimore and collided with the bridge, N.C. Ports Executive Director Brian Clark ...

Mar 26, 2024

N.C. Ports Officials React To Baltimore Bridge Collapse

By Audrey Elsberry, posted Mar 26, 2024

After a container vessel crashed into the Francis Scott Key Bridge in Baltimore early Tuesday morning, N.C. State Ports Authority Executive Director Brian Clark is assuring the community that a similar event is unlikely to happen here. In a statement released Tuesday, Clark said cargo ships do not pass under bridges to enter or exit ports in Wilmington or Morehead City. ...

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The Value of The Endowment

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Tax Planning: Defusing the Required Minimum Distribution Time-Bomb

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So You’re Feeling Like a Fraud... Let’s Talk

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In The Current Issue

At Cinespace Studios, Head Of Operations Built Film Career From Scratch

With the contacts he made on his first productions, he ended up as a major behind-the-scenes player in the Wilmington film industry and beyo...


Growth And Development Headlines To Remain Top Issues In 2025

Several local issues discussed and debated in 2024 centered around growth in the Cape Fear region. As a result, government and business lead...


Novant Health Releases Economic Impact Report

The study was commissioned by Novant and conducted by FTI Consulting’s Center for Healthcare Economics and Policy....

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