My point is that the Saudi's and China are already owning and running terminals in the US and Singapore was the alternate bidder. No where in sight was an alternate that would be any more secure than UAE.
However, at this point I descend into ignorance.
I agree with yout overall point.
As long as there are no American companies willing to bid on these operating contracts, the ports are left with two choices for their terminals: close them down or allow foreign companies to run them.
If we bar competitive foreign companies from bidding, the result will certianly be higher operating costs, making us less competitive in world markets.
You pay your money and make your choice.