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PORTS

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Deeper channel, new terminals on SC port plan

Building new business, new terminals and deepening the Charleston Harbor channel are highlights of a new strategic plan for the South Carolina State Ports Authority.

Foreign officers help fight smuggling at US ports

U.S. agents trying to stop contraband, arms and drug smuggling at the port of Los Angeles will soon get a new partner in their decades-old battle — an officer from Mexico.

DP World owner in talks with private equity firm

DP World, one of Dubai's most global companies, said Sunday its main government-owned shareholder is in talks to possibly sell a minority stake in the port operator to a Middle East private equity firm.

French fishermen block 3 ports on English Channel

French fishermen blockaded three major ports on the English Channel for a second day Wednesday, cutting European distribution routes, stranding travelers and costing ferry companies lucrative business.

Port firm: Trade down broadly, no sign of recovery

Cargo handler DP World warned Wednesday it sees no end to a shipping slowdown that has left some of its ports struggling with a double-digit drop in business because of evaporating global trade.

Venezuela brings ports under federal control

Venezuela's federal government seized seaports and airstrips in at least four states on Saturday, a move critics say is meant to limit the powers of mayors and governors opposed to President Hugo Chavez.

Schwarzenegger vetoes port bill that Palin opposed

Gov. Arnold Schwarzenegger on Tuesday vetoed legislation that would have imposed a pollution fee on cargo ships at California's ports, siding with Alaska Gov. Sarah Palin.

DP World to Sell U.S. Port Operations

Dubai Ports World, the company whose planned takeover of major U.S. port operations ignited a political firestorm earlier this year, has agreed to sell those operations to AIG Global Investment Group.

Radioactive Matter Gets Into U.S. in Test

Installing radiation detectors at U.S. entry points is taking too long and costing too much, says a congressional watchdog agency whose undercover investigators breached security by slipping nuclear material into the United States.

Frist: Ports Deal Could Still Go Through

Congress will closely watch a Dubai-owned company to be sure it transfers its U.S. port operations to an American company, Senate Majority Leader Bill Frist said Sunday.

Arab Firms May Reconsider U.S. Dealings

The ports controversy is likely to send a chill among Arab businessmen, making them cautious about investing in the United States amid fears of an anti-Arab bias in the world's biggest market.

Bush: Ports Deal Collapse May Hurt U.S.

President Bush said Friday the collapse of the Dubai ports deal could hurt U.S. efforts to recruit Mideast governments as partners in the worldwide war on terror.

Bush Facing Rancor Over U.S. Port Security

President Bush still faces bipartisan rancor in Congress over terrorism vulnerabilities at American ports even though an election-year veto battle over a Dubai-owned company's U.S. port plans has been defused.

Dubai Firm to Give Up Stake in U.S. Ports

Bowing to ferocious opposition in Congress, a Dubai-owned company signaled surrender Thursday in its quest to take over operations at U.S. ports.

Election-Year Politics Shadow Ports Issue

Congressional Democrats are using the uproar over an Arab company's planned takeover of some U.S. port operations to paint Republicans as faltering on the GOP's signature issue — national security — and accuse them of ignoring port safety in the past.

Report Questions Homeland Security Plans

The Homeland Security Department still spends money on U.S. port projects that aren't considered national security priorities even though it has made some corrections, a new report says.

Democrats Want Immediate Vote on Port Deal

Democrats used their weekly radio address Saturday to scold the Bush administration over the Dubai ports management deal.

Dubai Port Deal Is Delayed Over Protest

A Miami company objecting to the takeover of British shipping company P&O by Dubai's state-owned DP World said Friday it has been granted the right to take the case to Britain's Court of Appeal — a move that puts the deal on hold.

Coast Guard Worries Reanimate Ports Debate

Republican congressional leaders had hoped to curtail bipartisan outcries over a United Arab Emirates-based company's pending takeover of some U.S. port operations by brokering an agreement for a new investigation of the deal's potential security risks.

Ports Deal to Get Broader Security Review

The Bush administration said Sunday it will accept an extraordinary offer by a United Arab Emirates-based company to submit to a second — and broader — U.S. review of potential security risks in its deal to take over significant operations at six leading American ports. The plan averts an impending political showdown.

Homeland Security Protested Ports Deal

The Homeland Security Department objected at first to a United Arab Emirates company's taking over significant operations at six U.S. ports. It was the lone protest among members of the government committee that eventually approved the deal without dissent.

Bush Admin. Won't Reconsider Ports Deal

The Bush administration said Friday it won't reconsider its approval for a United Arab Emirates company to take over significant operations at six U.S. ports. The former head of the Sept. 11 commission said the deal "never should have happened."

Arab Firm to Delay U.S. Port Takeover

A United Arab Emirates company has volunteered to postpone its takeover of significant operations at six major U.S. seaports, and the White House said on Friday the delay would help give the administration time to convince skeptical lawmakers the deal poses no increased risks from terrorism.

UAE Company Agrees to Delay U.S. Port Deal

A United Arab Emirates company offered Thursday to delay part of its $6.8 billion takeover of most operations at six U.S. ports to give the Bush administration more time to convince skeptical lawmakers the deal poses no security risks.

Bush Says Ports Deal Not a Security Threat

President Bush on Thursday sought to calm an uproar over an Arab company taking over operations at six major American ports, saying "people don't need to worry about security."

The Vine
Dell's New Laptop: Too Thin For Ports?
Source: The New York Times

In the wake of Apple's MacBook Air, every PC maker is trying to make a thinner laptop PC. Dell announced Tuesday its new Latitude Z laptop, the thinnest laptop it has ever made. It's 14.5 mm high at its thinnest point.

Infrastructure: Power of the Twin Ports

Stumbling upon some past articles regarding specifically the ports here in Duluth & Superior have my attention as I'm sure it may upon occasion grab yours. I work on the port at Connor's Point and see how much activity or lack of activity that happens there on a daily basis.

LaHood Eyes Funding for Ports
Source: Journal of Commerce

In remarks to a National Retail Federation conference in Washington, D.C., LaHood said ports should find they qualify for aid when his department soon issues guidelines for applications to a $1.5 billion discretionary grants funding pool.

Some of Jo's photos from Navy Daze...!

You asked for them, so here are some of the photos Jo took while in the Mediterranean. She was stationed on a subtender. Her home port at the time was Sardinia. She is, of course, a veteran of both the Afghanistan and Iraqi wars.

SoCal ports to start collecting environmental fee
Source: The Sacramento Bee

LOS ANGELES - The ports of Los Angeles and Long Beach plan to begin collecting cargo container fees on Wednesday to help finance an ambitious clean-air initiative after a three-month delay and despite opposition from the federal agency that regulates the ports.

Bob Shallit - Bob Shallit: Port of Sacramento energized by cargo for wind farm - sacbee.com
Source: The Sacramento Bee

I thought this was interesting, the pieces do look ominous at first glance. (Scroll down and see a few more pictures.) The author is one of those 'about town' types and touches on a few things that are happening locally.

Dockworkers Protest Iraq War - New York Times
Source: The New York Times

The International Longshore and Warehouse Union said more than 25,000 members in 29 ports stayed off the job.

Zimbabwe arms shipped by China spark an uproar - International Herald Tribune
Source: International Herald Tribune

A Chinese ship loaded with armaments for Zimbabwe steamed into the port of Durban this week and set off a political firefight, putting newfound pressure on South Africa — and now China — to reduce support for Zimbabwe's government as it cracks down on its rivals after a dispu …

U.S. Alarmed as Some Exports Veer Off Course to Iran, Syria, Pakistan and Iraqi IEDs
Source: The New York Times

WASHINGTON — Roadside bombings of American troops in Iraq were occurring with unnerving regularity when military investigators made a disturbing discovery: American-made computer circuits sold to a trading company in the United Arab Emirates had turned up in the bomb detonators …

At OpEdNews: What if we have another 9/11, but this time most Americans openly believe it was facilitated by Bush/neocons?
Source: OpEdNews.Com Progressive

The jury may still out on 9/11, but what if we have ANOTHER 9/11 and this time most Americans openly and passionately believe it was significantly allowed or facilitated by the Bush/neocons? This hugely complex and vast question may be the most important question of our century - …

DP World cancels London component IPO
Source:

There is every reason to believe that the reason for this is concentrating capital in Dubai...and there is also some reason to believe that the credit crunch plaguing Western markets may impact even an IPO as desirable as that of DP World.

Dubai to sell 20pc in DP World for $4.3 bn
Source: The Economic Times

In what will be the largest Middle East IPO to date, DP World looks set for a very successful listing, with many key players vying for a stake in a sector that has some solid fundamentals.

Dubai Plans $3.5 Billion DP World IPO, May Spur Further Sales
Source: Bloomberg.com

MacBank and Goldman Sachs will be burning the midnight oil now. Mooted for a long time but now finally close to reality, this IPO looks set to test how hot the infrastructure market remains.

Dubai Ports World plans $4.2 billion IPO this year
Source: Reuters

You can just see the munchkins at Goldman Sachs and Macquarie Bank raiding the piggy bank for the cash for this: DP World shares will be a blue chip asset with one of the finest transport infrastructure asset portfolios anywhere in the world.

James Ridgeway: Homeland Insecurity: Floating Targets
Source: MotherJones.com

An attack on a liquefied natural gas tanker could cause a massive explosion. Is enough being done to protect American ports from this devastating risk? Second in a seven-part series on the lessons of 9/11.

Corrigan fixed prices on Australian waterfront: ACCC
Source: Australian News Network

The corporate hero of the Australian waterfront is now accused of creating a charming little duopoloy that saw solid and growing returns. Not a nice way to come back to the industry.

Los Angeles Ports Facing Strike Threat
Source: The New York Times

Negotiators for a clerical union and some of the world's largest shipping lines and terminal operators were still far apart on a contract deal early Monday and facing the possibility of a strike that could cripple the nation's largest port complex.

I'm too Good for you Now! DP World / Mermaid Marine deal off the table
Source: portworld.com

Mermaid Marine was initially warm to the DP World approach, but with results that are substantially above expectations, Mermaid Marine suddenly got cold feet about the proposed ownership ratios for the new company and has scuttled the deal.

Revealing Urla's underwater treasures
Source: NPR

The partially submerged Liman Tepe, a major Early Bronze Age harbor town located in Izmir's Urla district, possesses the world's oldest breakwater, said archaeologist Professor Hayat Erkanal during a press conference last week.

Morgan Stanley buys 80% of Montreal port
Source: Toronto Star

The port bug has bitten Morgan Stanley, with Montreal Port now the latest domino to fall as the transport infrastructure arena shows no sign of abating.

DP World strikes deal on US selloff
Source: CNET News.com

Some compromise: a $50 million fee to the NY Port Authority is less than than the $84 million DP World may have originally been up for, but nevertheless there remains a feeling that the Port Authority is using the somewhat captive situation DP World is in for a bit of a milking s …

DP World's US ports sale to AIG hits snag
Source: khaleejtimes.com

What happens now, at least DP World can say it has tried very hard to comply with US wishes that it dispose opf its US assets. However, the Port Authority of New York has a different view and is accusing DP World and AIG of walking away from the deal.

DP World Port Deal Hits Yet Another Snag

The saga of foreign ownership and management of US ports took a tabloid turn on Thursday. DP World and its partner, AIGGIG, released a letter that accused -- in veiled langauge -- the Port Authority of New York and New Jersey of extortion.

China's Massive Port Grab
Source: informationliberation

American Free Press has confirmed that the huge Chinese shipping conglomerate Hutchison Whampoa Ltd. has a significant presence at the Lazaro Cardenas seaport in Mexico, as well as other Mexican ports.

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