Port of Gulfport Keeps Rolling - 11/24/08 12:03 PM
GULFPORT -- The Port of Gulfport has big plans for expansion, but even at its current size and with a slumping economy, the port already has put itself in a position to be the benefactor of a future business boom.
A shift in trade patterns began several years ago when many Gulf Coast ports tweaked operations and drifted away from a specific type of cargo, choosing instead to handle mostly containerized and break-bulk cargo - goods that can be boxed or fastened to a pallet and usually need to be lifted from a vessel by crane.
Meantime, industry executives say another … (0 comments)

HUD Gives O.K to the Gulfport $570MM Port Expansion - 11/24/08 11:59 AM
The U.S. Department of Housing and Urban Development (HUD) has accepted the State of Mississippi's revised plan to restore the Port of Gulfport, which was heavily damaged by Hurricane Katrina.
As part of the work, the port wiill be elevated to 25 feet above sea level to better protect it from storm surge, according to a press release from the Mississippi Development Authority.
MDA has allocated $570 million to the project.
"Rebuilding the Port of Gulfport stronger than before is essential to not only the economy of the Gulf Coast but the entire state," Gov. Haley Barbour said. "Like the coastal … (0 comments)

Center for Marine Education and Research will open on Seaway just off Cowan - 11/24/08 11:57 AM
GULFPORT -- Dolphin lovers at the Institute for Marine Mammal Studies are flipping over their new state-of-the-art museum and research facility expected to open in the next few weeks.
IMMS President Dr. Moby Solangi, a marine biologist who spent more than two decades working with dolphins at Marine Life Oceanarium, said the new 12-acre Center for Marine Education and Research will open as soon as Harrison County officials can pave the entrance along the Industrial Seaway, just off Cowan-Lorraine Road.
"This is all cutting-edge stuff that we're doing here," Solangi said. "And obviously we're very excited about opening our new facility."
… (0 comments)

Biloxi is atop the list of the 10 Hottest Housing Markets in the United States - 11/18/08 02:45 PM
BILOXI -- Atop the list of the 10 Hottest Housing Markets in the United States sits Biloxi.
Based in Destin, Fla., Housing Predictor provides independent real estate market forecasts for more than 250 cities across the country. Federal money to rebuild more than 1,000 houses at Keesler Air Force Base and the city's steady progress to rebuild from Hurricane Katrina are what landed Biloxi at the top of the list.
"Here in this sour real estate market we're the market that is seeing the best appreciation," said Eric Smith, a Realtor with Coldwell Banker United Realtor in Ocean Springs.
Link: Housing … (0 comments)

Bernanke Says Credit Markets May Be Improving - 11/18/08 02:38 PM
The markets continued to advance during the midday with the Dow soaring 170 points to 8444 after Federal Reserve Chairman Ben Bernanke testified before Congress that the credit markets may be improving. Nasdaq climbed 8 points to 1490.
The markets continued to advance during the midday with the Dow soaring 170 points to 8444 after Federal Reserve Chairman Ben Bernanke testified before Congress that the credit markets may be improving. Nasdaq climbed 8 points to 1490.
On the upside
BB&T Capital Markets upgraded Chiquita Brands International (CQB).Shares of Research in Motion (RIMM) climbed ahead of the release of its first touch … (0 comments)

 

Sean Murphy

Biloxi, MS

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Centennial Mortgage Corp.

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