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March 11, 2013

Energy firm scraps plan to privatize port in Del.

By RANDALL CHASE
Associated Press

WILMINGTON, Del. — Citing hostility from organized labor, energy giant Kinder Morgan said last week it is suspending efforts to work out a lease arrangement with Delaware officials for operating the Port of Wilmington.

The company's decision comes after months of work by the governor to work out a public-private partnership to operate the port, which has received tens of millions of dollars in state subsidies in recent years but is in need of costly repairs.


 
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