New US Gulf Terminal to Handle Coal Exports

Platts reported that a new terminal in Louisiana should be opened for coal exports in 2014.

As quoted in the market news:

Doug Wampler, director of new business development and operations, said Oiltanking purchased the property last August and recently completed design and feasibility work. He hopes to complete the first stage in the first quarter of 2014, giving Oiltanking 3 million-3.5 million st of export capacity.

Click here to read the full Platts report.