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TRANSPORTATION

Kinder Morgan to buy out its MLPs in $71-billion deal

4:12 PM MDT | August 11, 2014 | Vincent Valk

Kinder Morgan, Inc. (KMI) announced today that it is buying out its two master limited partnerships (MLPs) – Kinder Morgan Energy Partners (KMP) and El Paso Pipeline Partners (EPB) – along with limited liability management firm Kinder Morgan...


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Muntajat signs agreement with Qatari shipping firm to export ammonia

Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has signed a two-year contract with Qatar Navigation (Milaha; Doha) for the time charter of the liquefied petroleum gas carrier Almarona to transport ammonia from Qatar to...

Petkim sells stake in Petlim Port in Turkey to Goldman Sachs

Investment banking group Goldman Sachs has become a partner in Turkey’s largest integrated port, operated by Petkim, the country’s leading petrochemicals producer. The deal will boost the company’s plans to develop the port into the largest...

VCI: Germany's chemical industry calls for a 'masterplan for transport infrastructure'

A well-functioning transport infrastructure is an important economic factor in Germany. About 226 million m.t. of chemical products were shipped to customers in 2012 (excluding pipelines), making the chemical industry the second largest customer of the...

Sasol signs storage, transportation agreements with Boardwalk Louisiana Midstream

Sasol Chemicals (USA) and Boardwalk Louisiana Midstream (BLM), a unit of Boardwalk Pipeline Partners, have signed long-term ethane and ethylene storage and transportation agreements, the companies said on Wednesday. BLM will provide these services to support...

ACC, CI sue to stop railroad from imposing new shipping restrictions

The Chlorine Institute and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway from imposing a restrictive new requirement on shippers of chlorine and other toxic inhalation hazard materials. The Fertilizer Institute has joined the complaint....

Borouge and DP World sign logistics contract

DP World (Dubai), a leading marine terminal operator and logistics provider, and Abu Dhabi Polymers Co. (Borouge), today announced the signing of a contract under which DP will support the distribution of Borouge’s products to export markets. The...

Chemicals sector rail traffic flat YOY

Chemicals sector rail traffic in North America was roughly flat year-on-year (YOY) during the week ended 15 March, at 43,306 cars, according to the Association of American Railroads (AAR; Washington). US traffic was up 0.9%, to 30,368 cars. Canadian traffic...

Muntajat signs contract with Milaha to transport petchems from Qatar

Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat; Doha) said today that it signed a two-year agreement with Qatar Navigation (Milaha; Doha) to transport petrochemicals from Qatar. The agreement covers the containerized exports of...

Chemicals sector rail traffic declines 2.9%

Chemicals sector rail traffic in North America fell 2.9% year-on-year (YOY) during the week ended 1 March, to 43,986 cars, according to the Association of American Railroads (AAR; Washington). US traffic was down 0.2%, to 31,278 cars. Canadian traffic fell...

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