P&O Ports in Philadelphia, PA & Camden, NJ
P&O Ports North America, Inc. is a 50% joint venture partner in Delaware River Stevedores (DRS), which provides stevedoring and terminal services in Philadelphia, PA, Camden, NJ, and Wilmington, DE.
Key phrase here. These entities don't "run" anything.
This is sort of like having Donald Trump rent a luxury apartment in Manhattan to a Saudi prince. Anyone who used this to complain that "giving Trump Tower to the Saudis is dangerous" would be justifiably ridiculed for their ignorance.