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Kinder says he's looking for other pipeline partnerships to buy, and Kinder Morgan is expanding into terminals that handle coal and other dry bulk materials, hoping to capitalize on long-term trends such as the shift by electric utilities away from Appalachian coal toward cleaner- burning western coal.
FORBES: Sweet consolation
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In the business of shipping dry-bulk cargoes, mostly iron ore, coal and grain, there is not even the hint of a silver lining to the cloud.
ECONOMIST: Shipping
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The study identified future potential electric generation capacity of 158 gigawatts for advanced coal, 78 gigawatts for water and dry-cooled concentrated solar energy and 515 gigawatts for large nuclear reactor plants.
FORBES: Plotting The Next-Generation U.S. Power Grid
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The company owns and operates a fleet of 29 dry bulk carriers that transport a wide range of commodities, including coal, iron ore, grains, bauxite, phosphate, fertilizers and steel products.
FORBES: Gurus Get Into Used Cars
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Mr. Srivastava said apart from production issues, there are also significant difficulties in moving coal from mines to power stations due to a shortage of rail wagons for hauling the dry fuel.
WSJ: Coal to Keep Firing India Power Plants
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Recent industrial action by lorry drivers meant petrol stations ran dry, supermarkets ran low on stock, and even hospitals had to make alternative arrangements for deliveries of heating coal.
BBC: Strikes keep pounding South Africa's economy