A Wilmington-based publicly traded company focused on the buying and selling of boats has changed its name from Off the Hook Yachts to NextBoat Inc. NextBoat’s ticker symbol on NYSE American will change from OTH to NXB, effective May 29, according to a news release. The rebranding announcement follows the company’s first-quarter earnings report, whic ...

Roughly two months after receiving objections from state officials, the U.S. Army Corps of Engineers (USACE) is working to revise its report on the proposed deepening of Wilmington’s harbor. North Carolina’s Division of Coastal Management issued an objection in February to the proposed project that would deepen Wilmington’s harbor from 42 feet to 47 fe ...

North Carolina Ports aims to become the cold gateway of the Mid-Atlantic by 2031, Brian Clark, N.C. Ports' executive director said Thursday during the organization’s annual Cold Chain Summit. “We will build a leading customer-trusted cold chain gateway for perishables and temperature-sensitive goods serving the Mid-Atlantic,” Clark said. “Wit ...

The Wilmington Boat Show has been discontinued.  Jacqueline McGuinness, the founder and president of JBM & Associates, the firm that organized the show, said the decision was made several months ago due to ongoing weather-related disruptions and limited exhibit space.  "It was quite a hard decision, but, you know, we could see that it wasn't go ...

State review of a project that would deepen Wilmington’s harbor from its current 42-foot depth to 47 feet is currently paused. The N.C. Department of Environmental Quality’s Division of Coastal Management (DCM) paused its review at the request of the U.S. Army Corps of Engineers (USACE) in coordination with the N.C. State Ports Authority, according to a news ...

Jennifer Bushman sees oysters as a “phenomenal” opportunity to help engage investors in the blue economy. Bushman is the co-founder and executive director of Fed by Blue, which aims to bolster support for a responsible blue food system. She said it’s key not to silo the blue economy but instead to help the public and potential investors understand how ...

A recently released report from the U.S. Army Corps of Engineers (USACE) supports deepening Wilmington’s harbor from its current depth of 42 feet to 47 feet. The draft versions of a letter report and an accompanying environmental impact statement, released earlier this month, mark the next steps in a years-long process to evaluate deepening the harbor and its adja ...

Chad Paul doesn’t believe lawsuits associated with the sale of the Bald Head Island ferry system will wrap up before the end of 2026. Paul, CEO of the island’s development firm, Bald Head Island Limited, said he was tasked with selling the ferry to a private party after the village of Bald Head Island “scuttled” a public option of selling and tra ...

Work is moving ahead on a new intermodal rail yard at the Port of Wilmington, with the project on track for completion next year. The $22.5 million intermodal rail yard project broke ground in the fall of 2024, according to a N.C. Ports spokesperson. It will add four new working tracks to the Port of Wilmington’s container terminal with a combined length of 5,000 ...

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 ...