Port Controversy Continues

Wednesday, February 22, 2006
The controversy over the planned acquisition of six port facilities in New York, New Jersey, Philadelphia, Baltimore, Miami, and New Orleans by UAE-based Dubai Ports World (DPW) continues apace. Senate Majority Leader Bill Frist (R-TN) issued a Press Release stating that he is asking the Administration to delay the acquisition until a detailed briefing is provided. Representative Chris Shays (R-CT) is seeking a new thorough federal review of the acquisition. Representative Clay Shaw (R-FL) plans to introduce legislation aimed at preventing foreign entities from operating U.S seaports. Meanwhile, the White House released remarks made by President Bush defending the Administration’s decision to not block the acquisition.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

China COSCO to be First through the Expanded Panama Canal

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26.

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

 
 
Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0783 sec (13 req/sec)