A Beijing run company whose ships were used to smuggle arms into the US should not be running a terminal on the West Coast.
BEIJING may manage our ports
After smuggling large arms of all sorts.
Yet, we punish the Arab good sports
APL, which manages terminals in Oakland, Los Angeles, Seattle and Alaska, is owned by the NOL Group, which is majority owned by the Singapore government.
The Chinese government owns part of a company that operates a terminal at the Port of Long Beach.
That company, Cosco Container Lines, a division of China Cosco, caused a stir similar to the current one back in 1998.
Cosco ships had been calling on the Port of Long Beach for many years, using a public terminal. In the late 1990s, it wanted to build its own terminal at the former Long Beach Naval Station, says Howard Finkel, a senior vice president with Cosco.
The deal raised national-security concerns and Congress passed a bill that effectively scuttled it.
A few years later, other tenants at the port vacated space and Cosco was able to build its own terminal, says Art Wong, public information office for the Port of Long Beach.
That terminal is operated by a joint venture between Cosco and a U.S. company, Stevedoring Services of America. "Cosco is the majority lease holder with 51 percent, says Wong.
(Excerpt) Read more at sfgate.com ...
Hah. To read the moronic posts by some individuals screaming to kill the ports deal - especially the ones today now screaming that Dubai just stabbed US (?!?) in the back, you'd get the impression the idiots think China - bombs to Taliban AFTER military action started - has our best interests at heart.
Disgusting.