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March 11, 2013
Energy firm scraps plan to privatize port in Del.
By RANDALL CHASE
Associated Press
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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