Portsmouth leaders tout major maritime, logistics and wind projects as economic moment

Portsmouth economic development staff on Monday told City Council the city is positioned to capture large-scale maritime, logistics and offshore wind work, pointing to several private investments and public assets that staff say could drive growth and job creation.

Brian Donahue, economic development staff, described Portsmouth as “the center of the new blue economy,” and highlighted several projects and assets that he said will shape the city’s near-term economic outlook. He said General Dynamics is expanding its shipyard and “will be adding close to 200 jobs, investing $20,000,000,” and described new transload and distribution facilities near the Portsmouth Marine Terminal that he said total nearly $100 million in private investment. Donahue also noted a new offshore-wind terminal in Portsmouth with “over $220,000,000 in new investments” and said the current wind project will stage turbines and related operations at the terminal through 2026.

Why it matters: Donahue told council that the combination of port terminals, military and Coast Guard…