The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The terminal’s two berths became available earlier in 2016 when a lease with a bulk cargo operator ended, and although the port is mainly interested in responses to import/export bulk cargo, it will consider opportunities for other marine-dependent uses.
Newton Square, Pa.-based Sunoco Logistics Partners L.P. reached an agreement to purchase Vitol Group’s integrated crude oil business in West Texas for approximately $760 million plus working capital.
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The South Carolina Ports Authority said it plans to break ground on the new intermodal facility in Dillon during the first quarter of 2017.
The Water Resources Development Act has mostly received bipartisan support, but Democrats in the House are upset that a provision that would have protected Harbor Maintenance Tax receipts from being diverted for other uses was removed from the final draft.
South Carolina Ports Authority President and CEO Jim Newsome outlined big ambitions for keeping Charleston a top 10 container port at his annual “State of the Port” address Monday.