[RegulatorCountry]

"The UAE company purchased a company with contracts to operate ports - not control them."

Operate. Control. Both involve authority; it's just a matter of degree. Word parsing is not going to make this go away.

[Sunnyflorida]

"Operate. Control. Both involve authority; it's just a matter of degree. Word parsing is not going to make this go away."

Being ignorant of the facts is not going to make it go away either. The PoAs could cancel the contracts and this all goes away but they won't. They are in the pockets of the operators ("He is it cold up there? Let's get on our jet and go see the port of Miami or would you prefer Kingston or Rio.") Being on the PoA is the cushiest job on the planet. It is their responsibility for contracting for management and they screwed up by not having M&A protection (on purpose no doubt).

This is nothing more than the national politicians bailing out the locals.

[pacelvi]

Regulator:

You're 100% wrong.

Port operators have ZERO authority. Port operators are subordinate to the US Federal Gov't (via CBP, USDA, FDA) and to the Ocean Carrier who issued the Bill of Lading.

Port operators have NOTHING to do with cargo release, cargo inspection, cargo commmodities, cargo security (as these items to this context).

The Fed Gov't, and the issuier of the Bill of Lading control every aspect about cargo release.

So, where you get your information from is a complete mystery because that's not the how the world is operating.