Maritime

Aug 11, 2022

Port Of Wilmington Awarded $18M For Rail Project

By Johanna F. Still, posted Aug 11, 2022

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 ...

Aug 5, 2022

Port City Logistics CEO Talks Choosing Wilmington For Expansion

By Johanna F. Still, posted Aug 5, 2022

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 ...

Aug 2, 2022

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 ...

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Genesis Block Targets Contract Conversion with MED Week Event at The Wilson Center

Posted Sep 9, 2022
Genesis Block is partnering with Cape Fear Community College to present Converting Conversations to Contracts for the 8th Annual Cape Fear Minority Enterprise Development Week. The schedule of events begins on Monday, October 3 and ends Friday, October 7. Genesis Block Converting Conversations to Contracts, will bring together some of the region's largest businesses and org...read entire article
Aug 1, 2022

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 ...

Jun 1, 2022

BHI Ltd. Inks Ferry Purchase Agreement With Private Equity Firm

By Johanna F. Still, posted Jun 1, 2022

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 ...

May 11, 2022

Wilmington East Wind Energy Area Leased For $315M

By Johanna F. Still, posted May 11, 2022

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 ...

Mar 31, 2022

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 ...

Feb 3, 2022

Big Fish Weigh In On Wilmington Offshore Wind 

By Johanna F. Still, posted Feb 3, 2022

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 ...

Jan 28, 2022

Offshore Wind Farm Visualizations Released

By Johanna F. Still, posted Jan 28, 2022

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 ...

Jan 12, 2022

Port Picks Up New Carrier For At Least One Shipment

By Johanna F. Still, posted Jan 12, 2022

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 ...

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