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There was a huge outcry at the time, and the inital deal was squelched. It would be interesting to see just when they snuck in the back door, and who was or is accountable for this, which could reasonably be described as a breach of the public trust.

COSCO'S lease on the US Naval Base at Long Beach was invalidated by the Congress -- good thing, since they were involved in arms smuggling and the base was reportedly to be used for espionage purposes. When an area was vacated at the Port of Long Beach at a later date, COSCO were able to move in.

COSCO didn't have to sneak in order to get these goodies from Clinton---

COSCO got guarantees for loans, from Clinton, for ships to be built in Mobile Alabama
The Clinton Administration allowed COSCO's ships access to our most sensitive ports with one day's notice rather than the usual four

As Johnny Chung said: 'I see the White House is like a subway: You have to put in coins to open the gates,'

Miami stevedores merge , World Maritime News - 19 June, 1998

Eller & Co. Inc. and International Terminal Operating Co. Inc. are merging their stevedoring subsidiaries at the Port of Miami, it was announced 11 June. Continental Stevedoring and Terminals Inc. and ITO Corp. will form Eller-ITO Stevedoring Co. L.L.C.
To enable the merger, Eller & Co. bought Neal Harrington's 50 percent stake in Continental Stevedoring and Terminals to become the sole owner.
Harrington was one of three men charged 3 June in a 10-count U.S. government indictment with stealing U.S.$1.3 million from the Port of Miami to spend on personal products and services. They were also charged with using the stolen money to donate U.S.$196,824 to the Democratic National Committee in March 1994.
Harrington, a director at the stevedore, was charged with embezzlement and theft. Eller & Co. said that the purchase and merger were planned before Harrington was charged.