NTL owns and operates two tugs, Placentia Pride and Placentia Hope, capable of docking, undocking and escorting tankers safely to and from the facility. Courtney will take over from James Hooke, … Most tankers … James Coleman Sr. began IMTT in New Orleans in 1939 and the company is now the fourth largest provider of bulk liquid storage and handling services in the United States. Serviced by Ship, Barge, Truck, Rail, and Pipeline. Description: Privately held IMTT (International-Matex Tank Terminals), has been in operation for over 70 years and owns and operates 12 bulk liquid storage terminal facilities in North America with aggregate capacity of approximately 42 million barrels. About us. Macquarie Infrastructure Company (MIC) has promoted Richard Courtney to chief executive from president and chief operating officer of marine terminal operator International Matex Tank Terminals (IMTT), a portfolio company of the New York-based infrastructure investment firm. Vitol is an energy and commodities company. White & Case Advises Macquarie Infrastructure Corporation on US$2.685 Billion Sale of IMTT to Riverstone Holdings. Eldar Sætre…, Yara Marine Technologies COO Ina Reksten and Research and Development Manager Shyam Bahadur Thapa reflect on the effects…, The chief executive of U.S. oil giant Chevron Corp on Monday said the uncertainty of the COVID-19 pandemic has it planning…, To meet its soaring demand for energy, Egypt is turning to renewable sources. The transaction closed on July 16, 2014. John Little, manager of the St. Rose IMTT terminal, said there would be virtually no changes at the St. Charles Parish terminal. Headquartered in New Orleans, Louisiana, IMTT is one of the largest providers of bulk liquid storage and handling services in the United States. Headquartered in New Orleans, Louisiana, the Company is the fourth … About Macquarie Infrastructure Company ITT is a wholly-owned subsidiary of IMTT, and IMTT is a wholly-owned subsidiary of MIC. IMTT is the lessor of its more than 45 million barrels of storage capacity. MIC owns, operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Headquartered in New Orleans, LA, IMTT is owns and operates marine bulk liquid storage terminals at 12 locations in the U.S. and Canada. IMTT is a subsidiary of Macquarie Infrastructure Company (NYSE: MIC), which owns, operates and invests in a portfolio of infrastructure businesses in the United States. IMTT is one of the largest independent bulk liquid terminals businesses in the US. Members of IMTT’s founding Coleman family will step down from their respective executive positions. “While we are doing that we will be looking for additional opportunities in which to deploy growth capital at IMTT, focusing first on the growth in the petro-chemical industry along the Lower Mississippi River.” ITT's Long-Term Issuer Default Rating (IDR) and senior unsecured rating are 'BBB-'. […]. MIC paid a total of $1025.0 million in cash MIC stock, not including transaction related expenses, for the second half of IMTT. MIC acquired IMTT from members of the business’ founding family, and it is now the largest component of MIC's portfolio. MIC owns, operates and invests in a portfolio of infrastructure and infrastructure-like businesses in the U.S. “We’re acquiring a business that we know from our involvement with it over the past eight years and, more importantly, a business with a strong foundation built over many years of stewardship on the part of the Coleman family,” James Hooke, chief executive officer of Macquarie, said. Today, IMTT is a wholly-owned subsidiary of MIC, which owns, operates, and invests in a portfolio of infrastructure-like businesses throughout the United States. […], The St. Charles Parish Council honored Valarie Berthelot as St. Charles Parish Government’s 2019 Employee of the Year during a council meeting last month. World Energy News is the global authority on the international energy industry, delivered to your Email two times per week. IMTT | 2,754 followers on LinkedIn | IMTT Holdings Inc. (“IMTT”), has been in operation for over 70 years and owns and operates 12 bulk liquid storage terminal facilities in North America with aggregate capacity of approximately 45 million barrels. It owns and operates 10 marine terminals in the US – the largest ones located in New York Harbour and on the Mississippi River – and is the part owner and operator of two terminals in Canada. Your email address will not be published. Macquarie Infrastructure Company (MIC) informs it has successfully completed the acquisition of the 50% of International-Matex Tank Terminals (IMTT) it did not already own. Macquarie already owned a 50 percent stake in IMTT, but has an agreement to purchase the rest of the company for $910 million in cash and $115 million in stock. Headquartered in New Orleans, Louisiana, IMTT is one of the largest providers of bulk liquid storage and … Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals, an airport services business, … “Our near term focus will be on implementing policies and processes similar to those already in place at our other businesses,” said Hooke. Company profile page for IMTT Epic LLC including stock price, company news, press releases, executives, board members, and contact information The company recognized it needed fresh eyes, and that a skill set like his would be difficult to develop in-house. Thomas Coleman, who is the current chief executive officer of IMTT, is expected to retire. Whois For Imtt.dd.qq.com. Mike Burgett was the first executive IMTT hired from outside the firm. IMTT is wholly owned by Macquarie Infrastructure Corporation (NYSE: MIC), which owns a portfolio of infrastructure businesses in the United States. 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