Mississippi Business Journal » trade

Corps asked to conduct study on proposed port channel

Associated Press — Thu, 02 May 2013 11:50:51 +0000

GULFPORT — The Port of Gulfport is asking the U.S. Army Corps of Engineers to study the feasibility of a 47-foot-deep ship channel in Gulfport. The Sun Herald reports the corps will take public comment on the proposed study at a meeting May 21 in Gulfport. The port’s request to deepen the 20-mile ship channel [...]

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Federal officials investigating subsidized shrimp imports

Associated Press — Mon, 21 Jan 2013 13:41:49 +0000

GULF OF MEXICO — The U.S. Commerce Department says it is investigating subsidies in seven nations for frozen warmwater shrimp. Gulf of Mexico shrimp processors had asked for the investigation of subsidized imports from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam. “We continue to believe that the long-term survival of the entire Gulf shrimp [...]

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Man guilty of unauthorized futures trading; faces $1M fine

Associated Press — Wed, 12 Dec 2012 18:15:18 +0000

OLIVE BRANCH — A Mississippi man has pleaded guilty to making unauthorized wheat futures trades through the Chicago Board of Trade causing MF Global Inc. to lose $141 million. Federal officials in Chicago said 44-year-old Evan Brent Dooley of Olive Branch entered the plea to commodities trading violations. Authorities say he made large, unauthorized overnight [...]

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Cochran: State should benefit from new Russian trade status

MBJ Staff — Mon, 10 Dec 2012 14:38:27 +0000

WASHINGTON, D.C. — U.S. Sen. Thad Cochran (R-Miss.) expects Mississippi will benefit from Senate passage of legislation to expand trade relations status to Russia. The legislation (HR.6156) also links Russia’s trade status with the United States to fundamental human rights compliance. The Senate approved the measure on a 92-4 vote, clearing the way for it [...]

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I-69/269 study’s release delayed until 2013

Associated Press — Fri, 30 Nov 2012 13:45:00 +0000

DESOTO COUNTY — The public gets to ride the preparation trail for six additional months for DeSoto County’s long-awaited Interstate 69/269 International Trade Corridor study, launched in 2010 and now slated for completion by June 30, 2013. The pivotal blueprint — intended to guide development for decades along the route through DeSoto County — originally [...]

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Diplomat urges businesses to explore Great White North

Associated Press — Thu, 01 Nov 2012 12:21:28 +0000

JACKSON — Gov. Phil Bryant and a Canadian diplomat are urging Mississippi’s business community to look north for trading opportunities. Stephen Brereton, Canada’s consul general in Atlanta, spoke before the Mississippi Economic Council yesterday at its annual Hobnob event in Jackson. The Canadian ambassador to the United States, Gary Doer, had been scheduled to attend. [...]

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State agency exploring potential land swap on Coast

Associated Press — Fri, 19 Oct 2012 18:21:17 +0000

OCEAN SPRINGS and BILOXI — Lawyers at the Mississippi Department of Marine Resources are looking at a proposal to swap land and businesses the DMR owns at the Ocean Springs Harbor for acreage in Biloxi. A DMR spokeswoman tells the Sun Herald legal discussions are taking place. The move would enable a 168-boat storage shed [...]

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Secretary LaHood to visit State Port next week

Associated Press — Fri, 14 Sep 2012 12:25:38 +0000

GULFPORT — U.S. Secretary of Transportation Ray LaHood is expected to visit the Port of Gulfport next Tuesday. Executive director Don Allee tells The Sun Herald LaHood’s office contacted the port, saying he would be in the region and asking if a visit could be arranged. He will have about an hour for the visit. [...]

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Low water shuts down Mississippi River; nearly 100 boats idled

Associated Press — Tue, 21 Aug 2012 15:22:23 +0000

MISSISSIPPI RIVER — Nearly 100 boats and barges were waiting for passage yesterday along an 11-mile stretch of the Mississippi River that has been closed due to low water levels, the U.S. Coast Guard said. New Orleans-based Coast Guard spokesman Ryan Tippets said the stretch of river near Greenville has been closed intermittently since Aug. [...]

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Review finds problems with port’s expansion plans

Associated Press — Mon, 20 Aug 2012 13:34:08 +0000

GULFPORT — A review ordered by Gov. Phil Bryant finds a number of problems with expansion plans at the Port of Gulfport. One is that the state port doesn’t have long-term leases with four current tenants that will operate on the expanded West Pier, The Sun-Herald reported. The consulting firm R.J. Johns & Associates also [...]

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