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Kinder Morgan suspends offer for Wilmington, Del. terminal

Ocean

Friday, March 15, 2013

An effort by the state of Delaware to attract private investment in the Port of Wilmington has stalled. In a letter to Alan Levin, director of the Delaware Economic Development Office and chairman of the Diamond State Port Corp., Texas-based Kinder Morgan said it's "suspending our efforts to secure a long-term lease arrangement with the Port of Wilmington." John Schlosser, president of Kinder Morgan Terminals, said "The reason for this decision, while regret...

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