Kinder Morgan reported a leap in marine operations earnings thanks to new deliveries and higher charter rates in its Jones Act tanker fleet.
The Houston energy infrastructure giant, which owns American Petroleum Tankers (APT), said in a report to the US Securities and Exchange Commission (SEC) that the segment's earnings before depreciation and amortisation (EBDA) jumped 54% to $13m in the second quarter, compared to the same period of last year.
Revenue
