AGENCE FRANCE PRESSE - February 13, 2006 - A US senator expressed concern about a takeover deal giving a Dubai company control of operations at six US ports, including the port of New York. <br>
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New York Democratic Senator Chuck Schumer, speaking on Fox Television, expressed reservations about the deal in which <!--EZCODE BOLD START--><strong>the British port and ferries group</strong><!--EZCODE BOLD END--> Peninsular and Oriental Steam Navigation Company <!--EZCODE FONT START--><span style="color:red;">approved</span><!--EZCODE FONT END--> a takeover bid by DP World of Dubai.<br>
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<!--EZCODE FONT START--><span style="color:red;font-size:small;">"Should we be outsourcing our own security?"</span><!--EZCODE FONT END--> Schumer said in the interview <br>
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"We have to have hands-on control of things. And to have United Arab Emirates -- I mean, they are a country that's allied with the US, but at the same time a whole bunch of the (September 11) hijackers came from the United Arab Emirates." <br>
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<!--EZCODE BOLD START--><strong>The deal, which is to be finalized on March 2</strong><!--EZCODE BOLD END--> according to P and O, <!--EZCODE BOLD START--><strong>creates the second biggest global ports and container group in terms of traffic,</strong><!--EZCODE BOLD END--> on a par with Singapore's state-linked PSA International and the Danish group APM Terminals. <br>
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P and O valued the takeover at around 5.7 billion euros (6.8 billion dollars). <br>
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Schumer said he had "real doubts" about the deal that would give DP World operations of the ports of <!--EZCODE FONT START--><span style="color:red;font-size:small;">New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia.</span><!--EZCODE FONT END--> <br>
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"I think there ought to be a full and public review before this company is allowed to control security up and down the East Coast," he said. <br>
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"The issue is not the head of the company. I'm sure he's been checked out. But how good is their security? How good do they check on their employees? <!--EZCODE FONT START--><span style="color:red;font-size:small;">Could people infiltrate this company a lot more easily than they could infiltrate an American company?"</span><!--EZCODE FONT END--><br>
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<!--EZCODE FONT START--><span style="color:navy;">For I will give you a mouth and wisdom...<br>
which all your adversaries shall not be able to gainsay nor resist. Luk 21:15</span><!--EZCODE FONT END--> <br>
<!--EZCODE FONT START--><span style="color:olive;">Jody ***Psalms 119***</span><!--EZCODE FONT END--></div><!--EZCODE CENTER END--> </p><i></i>