DP World Exec Withdraws Nomination

March 28, 2006

Reports indicate that an executive with a Dubai-owned company withdrew his nomination as head of the agency that oversees ports in a letter to President Bush on Monday. David C. Sanborn, of Virginia, to be Administrator of the Maritime Administration, vice William Schubert, which was sent to the Senate on January 18, 2006. After the nomination, DP World's planned purchase of a company that runs six major U.S. port facilities became the focus of a political controversy. Source: HK Law, AP

Related News

Silversea Takes Delivery of New Cruise Ship Silver Ray UK Confirms It Will Build Six New Warships No Evidence of Ship-to-ship Transfer of Iranian Oil off Malaysia, PM Says AMSA Bans Indian-Flagged Bulk Carrier Charges Readied for Demolition of Portion of Key Bridge