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Tag Archives: Port of Gulfport

Director: Gulfport port work nearing completion, jobs ‘trend’ positive

By Jack Weatherly Completion of the restoration and expansion of the Port of Gulfport, begun during the administration of then-Gov. Haley Barbour, is about six months away, and jobs creation is “trending” toward meeting the terms of nearly $570 million from the federal government. That is the assessment of Jonathan Daniels, executive director of the port. Daniels said in an interview Tuesday that rebuilding and ...

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Port of Gulfport negotiating with Turkish company on multi-million projects

By LISA MONTI mbj@msbusiness.com A Turkish company is negotiating with the Mississippi State Port Authority to lo-cate a multimillion dollar terminal operation at the Port of Gulfport. Officials with the Port Authority and YilPort Holding A.S., a subsidiary of Yildirim Holding A.S., based in Istanbul, signed a letter of intent this month to kick off the negotiations. “Yilport is promising ...

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Port of Gulfport revenue grows with reconstruction

By JACK WEATHERLY  The Port of Gulfport continues to make progress in its recovery from Hurricane Katrina in 2005, and its revenue reflects that. The port’s “net position” increased by $112.7 million as of the fiscal year ending June 30, compared with an increase of $84.6 million the previous fiscal year, according to an annual independent audit. Net position on ...

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The ‘Blue Economy’ to get a boost with $10M Marine Science Facility at Port of Gulfport

By BECKY GILLETTE GULFPORT — It has been estimated that 35 percent of the Coast’s economy is based on maritime businesses like shipbuilding, transportation, fishing and tourism. And now what has been dubbed the “Blue Economy” will get another boost with the construction of a new $10-million Marine Science Facility that will be built by the Port of Gulfport for the University of ...

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Chiquita mulls decision while N.O., Gulfport wait to see

Chiquita International confirmed in an email on Tuesday that the banana importer is in fact considering whether it will remain at the Port of New Orleans. Speculation has been rampant in recent weeks, without previous confirmation, about the matter, raising the possibility that the company might return to the Port of Gulfport, which it left two and one-half years ago. ...

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Senate earmarks $250M to dredge ‘strategic’ ports, including Port of Gulfport

Legislation that would allocate $250 million to fund  deep-draft harbor and channel dredging for commercial ports such as the Port of Gulfport that have been designated as “strategic” to national security won Senate approval Thursday. U.S. Sen. Thad Cochran of Mississippi said the money will help the Port of Gulfport prepare to fulfill its role as one of 17 commercial ...

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MDA reveals clawbacks on TopShip deal

The Mississippi Development Authority has released to the Mississippi Business Journal the “clawbacks” that TopShip LLC agreed to for state funding and other considerations. The company, which will manufacture boats to service the offshore oil industry at the Port of Gulfport, promised to invest $68 million and create 1,000 jobs. In return, the MDA and the State Port Authority agreed ...

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Strides, criticisms mark Port of Gulfport chief’s tenure

Jonathan Daniels has checked off a few tasks on his to-do list since taking over as head of the Mississippi State Ports Authority in 2012: » Put money in the bank; » Establish a nearly $4 million operating budget surplus; » Expand the Port of Gulfport by 84 acres; » Complete channel maintenance dredging, including 100 feet out from the ...

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State port’s Katrina relief jobs costly, slow to materialize

GULFPORT — The federal government is giving the state of Mississippi more time to create jobs promised in exchange for more than $566 million in Hurricane Katrina-relief funds. The state Port at Gulfport has used the federal money to restore and expand its West Pier, a project that will not be completed before late 2016 or possibly early 2017, port ...

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Gulfport buys Ingalls facility for $32 million

GULFPORT— The Board of Commissioners for the Mississippi State Port Authority has approved the purchase for $32 million a Huntington Ingalls Gulfport facility located about five miles inland. The acquisition is part of a long-range plan to develop an inland port as an extension of the Port of Gulfport, the authority said Friday in a news release. The 116-acre location will increase capacity ...

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