The Wilmington Harbor deepening proposal could be dead in the water for now. In September, Brian Clark, executive director of N.C. State Ports Authority, wrote a letter to federal officials requesting that the U.S. Army Corps of Engineers (USACE) "suspend further consideration of the Wilmington Harbor Navigation Expansion Project and associated Wilmington Harbor 40 ...

NextBoat, a Wilmington-based publicly traded pre-owned boat company, has named a new CEO.  Effective Sept. 28, Ross Tannenbaum stepped into the role, which was previously held by Brian John, who will remain on the company’s board of directors, according to a press release.  According to SEC filings, John tendered his resignation as CEO before Tannenba ...

Dubai-based logistics company DP World announced the launch of new express ocean freight services, including service to Wilmington, this week.  According to a news release, the company’s two new Express Less-than-Container Load (LCL) services aim to help businesses move time-sensitive cargo more quickly and reliably between Asia, Europe and North America ahea ...

Wilmington-based NextBoat reported record revenue from its second-quarter earnings last week. NextBoat, a tech-focused boat marketplace company, formerly operated as Off the Hook Yachts before rebranding earlier this year to signal a new phase of growth. The company, founded by UNCW graduate Jason Ruegg in 2012, went public in November following a $15 million IPO.& ...

The Port of Wilmington added new fumigation capabilities to support a pilot program earlier this year aimed at reducing bottlenecks in the transport and treatment of grapes grown in Chile. Led by global integrated logistics firm Maersk, the pilot program, which included collaboration with produce supplier Oppy, was developed in response to concerns from Maersk customers ...

North Carolina Ports plans to use $9.8 million in recently awarded federal funds to construct a new off-terminal access and parking facility, along with a pedestrian bridge and shuttle connections at the Port of Wilmington. The U.S. Department of Transportation (USDOT) announced $1.73 billion in federal grants for 127 projects, including the one at the Port of Wilmingto ...

The U.S. Army Corps of Engineers announced Thursday the publication of its final reports on the proposed deepening of Wilmington’s harbor.  The proposed project led by the U.S. Army Corps of Engineers (USACE) and the N.C. State Ports Authority would deepen Wilmington’s harbor from 42 feet to 47 feet, along with extending and deepening navigation ch ...

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 ...