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Dubai seeks to defend ports takeover
MSNBC, Financial Times(UK) ^ | 2/20/06 | Robert Wright

Posted on 02/20/2006 4:13:19 PM PST by Dane

A team from Dubai's DP World is expected to start meetings on Tuesday with groups which have expressed concerns about its takeover of P&O Ports' US operations as it seeks to head off political opposition to the deal.

The company, owned by the Emirate of Dubai's Ports, Customs and Freezones Authority, is set to meet representatives of some of the five US port authorities where P&O has operations, and national politicians who oppose the deal.

The team is thought to include some of the many US citizens who work for DP World, including Ted Bilkey, chief operating officer, who has been one of the main actors in Dubai's transformation into a major shipping hub.

They hope the meetings will erode support for efforts to reverse the approval already given for the deal by the Committee on Foreign Investment in the US, which approved the takeover in January. The efforts gained momentum last week when Senators Hillary Clinton and Robert Menendez introduced legislation which would prevent a company controlled by a foreign government from taking over a US port facility.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Business/Economy; Foreign Affairs; United Kingdom
KEYWORDS: dubai; hillaryclinton; portauthority; ports; shipping; uae
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To: Reaganwuzthebest
. . potential terrorists . .

A little strong, don't you think?

Or are you expecting that with the sale of P&O -- a British company that hired mostly Americans -- they will be replacing everyone at six container ports with A-rabs?

Dubai Ports World: Commercial Racial Profiling

61 posted on 02/20/2006 8:40:22 PM PST by logician2u
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To: dervish

Yes, I did read the article. And I was taken with the Hong Kong system as you were. But that has to do with security, and the subject we were discussing is a contract for container movement. Our Coast Guard has the responsibility for security, and that's a totally different subject.

We haven't subcontracted security, but if the Coast Guard can learn something from the Chinese, that's good.

But it has nothing to do with this contract.


62 posted on 02/20/2006 8:40:26 PM PST by speekinout
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To: Lauretij2
This deal is DOA.

Yesterday I wasn't so sure but now no doubt about it, it's DOA. This story has taken off like a rocket and the Republicans are getting pounded over it. No way will they let it go through.

63 posted on 02/20/2006 8:41:32 PM PST by Reaganwuzthebest
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To: logician2u
You ought to be ashamed of yourself, expressing coherent thoughts on a thread such as this one.

I know. Indignation is more satisfying than knowledge to many people. I guess I march to a different drummer.

64 posted on 02/20/2006 8:43:46 PM PST by speekinout
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To: speekinout
It's all but done. The British gov't and the stockholders all approve. The US can't do anything about it.

Yes. They can. And you know it. It's been posted repeatedly.

65 posted on 02/20/2006 8:44:16 PM PST by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: Reaganwuzthebest

As soon as I heard conservative radio screaming over this deal, I knew it was over. That was around 6pm today here.


66 posted on 02/20/2006 8:45:02 PM PST by Lauretij2
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To: logician2u
A little strong, don't you think?

No I don't. Bribery, intimidation and paid hits are very common in that part of the world and it's not a stretch to think terrorists might easily worm their way into port operations at some point.

67 posted on 02/20/2006 8:46:16 PM PST by Reaganwuzthebest
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To: Reaganwuzthebest
I'll bet you the rent money the deal isn't getting US approval.

It doesn't matter. The US can't prevent a British co. from selling out to another co. The most the US can do is find a way to cancel the contracts. And then, what? Close the ports????

68 posted on 02/20/2006 8:47:55 PM PST by speekinout
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To: speekinout; logician2u; o_zarkman44
It's not "running the ports", "port security", or any of the other buzz phrases that scare you

What you need are some facts.

DP World to invest in port security

DUBAI — DP World, currently in a huge buying spree, is planning to invest in security issues at the ports and terminals it owns and manages around the world, according to a senior company official.

Mahmood Amin, head of security department at DP World, said yesterday that the company was planning to invest in security issues at its ports and terminals in the future, adding that DP World is investing “millions of dirhams” in security every year.

He said while Dubai ports are secure and have not witnessed any cases related to terrorism or any other crimes, the new additions to the DP World’s portfolio will require more cash injections.

69 posted on 02/20/2006 8:51:09 PM PST by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: Lauretij2
As soon as I heard conservative radio screaming over this deal, I knew it was over. That was around 6pm today here.

Thank goodness for conservative radio, they're all over the illegal immigration issue too and that's helped keep amnesty from getting through.

70 posted on 02/20/2006 8:51:59 PM PST by Reaganwuzthebest
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To: DJ MacWoW
Yes. They can. And you know it. It's been posted repeatedly.

It's been posted repeatedly by people who are spitting into the wind. Where is the cite that says the US can prevent a British Co. from selling out to another co. of any nationality at all? The US has no jurisdiction at all.

71 posted on 02/20/2006 8:52:13 PM PST by speekinout
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To: speekinout
Shutting down the ports is hardly a solution.

Worked for Eastern Airlines.

72 posted on 02/20/2006 8:54:02 PM PST by Doctor Stochastic (Vegetabilisch = chaotisch ist der Charakter der Modernen. - Friedrich Schlegel)
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To: speekinout
And then, what? Close the ports????

Whatever arrangements will have to be made to keep the ports running I'm sure they'll find them but the Arabs will not be taking over, you can count on it.

73 posted on 02/20/2006 8:54:28 PM PST by Reaganwuzthebest
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To: DJ MacWoW

Fine, and maybe what they do can be helpful. But that doesn't change the fact that US ports are run by local Port Authorities, and security for shipping ports is the responsibility of the Coast Guard.

That's always been the way, and none of it has changed.


74 posted on 02/20/2006 8:57:41 PM PST by speekinout
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To: Doctor Stochastic
Shutting down the ports is hardly a solution.

Worked for Eastern Airlines.

Got me there. :-)

75 posted on 02/20/2006 8:59:38 PM PST by speekinout
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To: speekinout
The US has no jurisdiction at all.

Every deal that includes a foreign investor has to pass CIFUS and then the Pres. Without their approval there is no deal on US soil.

US Treasury-Committee on Foreign Investments in the United States (CFIUS)

76 posted on 02/20/2006 9:00:24 PM PST by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: Reaganwuzthebest
Whatever arrangements will have to be made to keep the ports running I'm sure they'll find them

How old are you? 15 maybe? Daddy always found a way?

77 posted on 02/20/2006 9:01:45 PM PST by speekinout
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To: speekinout

Yeah I want muslims taking over security. *rolling eyes*


78 posted on 02/20/2006 9:01:59 PM PST by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: Reaganwuzthebest
Then, by all means, contact your Senators and Congressmen and demand that the FAA deny landing privileges to . . let's see . . Egyptair, Emirates, Kuwait Airways, Royal Jordanian, Saudi Arabian Airlines, Uzbekistan Air -- whatever national airline might transport terrorists to our country.

We need to lower the odds, raise the threshold, lift that bale, tote that barge, etc. Fight that WOT to WIN!!!

Read the definition of demagogy linked from post #54, see if you think it fits and then tell me what Hillary, Chuckie Shumer and Reaganwuzthebest have in common.

79 posted on 02/20/2006 9:04:40 PM PST by logician2u
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To: speekinout
How old are you? 15 maybe? Daddy always found a way?

Um I'm not the one acting naive. You clearly have no understanding of American politics if you believe this deal is going through as is. Maybe you're from a foreign country yourself so let me clue you in: the GOP is not going to let the democrats have an issue to beat them over the head with next November as they're currently doing. The deal is DOA, get over it.

80 posted on 02/20/2006 9:08:30 PM PST by Reaganwuzthebest
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