Firm Sues to Block Foreign Port Takeover
AP reports:
“A company at the Port of Miami has sued to block the takeover of shipping operations there by a state-owned business in the United Arab Emirates. It is the first American courtroom effort to capsize a $6.8 billion sale already embroiled in a national debate over security risks at six major U.S. ports affected by the deal.
The Miami company, a subsidiary of Eller & Company Inc., presently is a business partner with London-based Peninsular and Oriental Steam Navigation Co., which Dubai Ports World purchased last week. In a lawsuit in Florida circuit court, the Miami subsidiary said that under the sale it will become an “involuntary partner” with Dubai’s government and it may seek more than $10 million in damages.”
That it’s had to come to this.
In New York, families of some victims from the September 2001 terror attacks planned to criticize the deal during a press conference Sunday with Democratic Sen. Charles Schumer, a leading critic of the sale. Schumer said he is dubious any assurances can justify involvement by the United Arab Emirates in American ports.
Schumer and other critics have cited the UAE’s history as an operational and financial base for the hijackers who carried out the attacks against New York and Washington.
“A lot of families are incensed by this, because you’re talking about the safety of the country,” said William Doyle, whose son Joseph died at the World Trade Center. “”We have a problem already in our ports because all of our containers aren’t checked, but now they want to add this unknown? It’s not right.”
As we reported earlier, it’s hard to believe (and rather disappointing) that we find ourselves agreeing with Sen. Schumer. Another sign of the coming apocolypse.
RELATED:
U.S. Port Security: Should The Fox
Guard The Hen House?
February 18th, 2006 at 10:42 pm
Firm Sues to Block Foreign Port Takeover
A company at the Port of Miami has sued to block the takeover of shipping operations there by a stat
February 19th, 2006 at 2:58 am
Well, if you wish to go for knee-jerking xenophobia and sad pandering, then do join Mr Schumer.
However, the entire piece is rank xenophobia of the most ignorant sort.
DPW is a well respected ports operator, with international management, and a track record with European and Asian asserts. UK authorities had no issues at all, like US authorities, and luckily the know-nothing xenophobes were put in their place.
Hand waving about hijackers and the like is utter rot. Hamburg and London (both in terms of movements and financial ties) had as much to do with 11 Sep as Dubai, and citing the acts of clandestine al-Qaeda operatives to smear a friendly, pro-market, pro-Western Arab nation (and not one bribed into friendliness as Egypt) is the height of ignorant idiocy on the part of Americans.
The US Administration is spot on right and hopefully for the sake of markets and rational interest, will slap down the know-nothing reaction.
February 19th, 2006 at 6:45 am
Sovereignty For Sale? So What Else Is New.
American Has Been Selling It’s Sovereignty For Decades Now - Why Are You Acting Surprised?
…
February 20th, 2006 at 10:58 am
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February 20th, 2006 at 11:17 pm
[...] RELATED: Firm Sues to Block Foreign Port Takeover U.S. Port Security: Should The Fox Guard The Hen House? [...]
February 21st, 2006 at 2:20 pm
Hey why not hand our ports over to the Arabs? Let’s also give them a fleet of 747’s, but tell them not to fly them into any buildings.
February 21st, 2006 at 4:01 pm
[...] RELATED: GOP Governors Question Port Turnover Firm Sues to Block Foreign Port Takeover U.S. Port Security: Should The Fox Guard The Hen House? [...]
February 22nd, 2006 at 11:47 am
[...] RELATED: GOP Governors Question Port Turnover Firm Sues to Block Foreign Port Takeover U.S. Port Security: Should The Fox Guard The Hen House? Gina Cobb linked with Dick Meyer of CBS News Races to Defense of Arab Ports Deal [...]
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