Ports

North Carolina Ports The numbers are impressive. From Morehead City to the Mountains, North Carolina's Ports significantly impact the economic vitality of our entire state. Equally impressive is the fact that the operations of the state ports are entirely self-supporting. Businesslike management, smart and aggressive marketing and a steadfast devotion to customer satisfaction has allowed our Ports to hold their own against the well-financed ports to our north and south. The opportunities anticipated as we enter the next century require even greater commitments, especially a revitalized partnership with the state of North Carolina. The North Carolina Ports has generated over $300 million in tax revenues and 80,000 jobs statewide with $70 million in tax revenues and 19,715 jobs coming within the Research Triangle Region. Exporters who use the North Carolina ports at Morehead City and Wilmington, and who are subject to payment of North Carolina income taxes, can apply and qualify for a tax credit. This tax credit can be earned on cargo wharfage and handling fees exceeding the average for the last three years inclusive of the current tax year. The excess of those fees for wharfage and handling paid directly or indirectly to the North Carolina State Ports Authority can be credited against the taxes due the state, up to 50% of the total tax liability for each tax year. The maximum cumulative credit that may be taken may not exceed $1 million. Any unused credit may be carried forward for the succeeding five years. For more information, contact the North Carolina Ports Authority at (800) 334-0682. Source: North Carolina State Ports Authority There are 2 main water ports that exist in North Carolina being Morehead City and Wilmington. Port of Wilmington (Foreign Trade Zone # 66) PO Box 9002 2202 Burnett Blvd. Wilmington, NC 28402 Phone: 800-334-0682 Fax: 910-343-6225 The Port of Wilmington is 26 miles from the open sea and is situated along the east bank of the Cape Fear River. The port has 6,768 ft. of continuous wharf. It also has a wood chip handling facility with a load-out rate of 800 tons per hour with 70,000-ton storage capacity. Nearly 100 acres are available for development on the northern side of the Port. Port of Morehead City (Foreign Trade Zone # 67) P.O. Drawer 829 113 Arendell Street Morehead City, NC 28557 Phone: 252-726-3158 Fax: 252-726-1190 The Port of Morehead City is four miles from the open sea and is situated along the Newport River and Bogue Sound. It has 5,500 ft. of continuous wharf and has a load-out rate of 3,000 tons per hour of bulk cargo with the use of two berths. It contains a dry-bulk facility (mainly phosphate) with 225,000-ton capacity warehouse, conveyor system and shiploader; in addition to a wood chip handling facility, which can outload 1,000 tons per hour with a two million-ton annual capacity . The Morehead City port still has over 90 acres available for development on Radio Island.