March 15, 2006
REMEMBER HOW UPSET THEY ALL WERE ABOUT KELO?:
Will DP World sell its stake?: An e-mail raises questions about whether Dubai Ports World really will sell its stake in the Port of Miami Terminal Operating Co. (STEVE HARRISON, 3/15/06, MiamiHerald.com)
''After the sale happens, if you went to the corporate secretary of POMTOC, the registry would say: Eller 25 percent; Florida Stevedoring 25 percent; P&O Ports Florida 50 percent,'' Scavone said.DP World referred all questions about the e-mail to P&O Ports North America. The company released a statement to the media that didn't address a timeline for selling the American operations.
''P&O's U.S. operations remain subject to a whole separate arrangement that went into effect when DP World officially took over March 9,'' DP World executive Michael Moore said. ``Under this arrangement, DP World has, to date, exercised no control over any P&O Terminal or stevedoring operation in the United States.''
The confusing e-mail drew the ire of some Democrats.
''It appears that the divestiture announcement from DPW last week may have been nothing more than a diversion designed to deflect attention away from this outsourcing of American port security,'' said U.S. Rep. Debbie Wasserman Schultz, D-Pembroke Pines. ``Congressional action blocking this deal is the only true assurance we have that this deal is dead.''
Let's see Ms Wasserman pass a bill that buys the operations from DP World and has Congress run them, if she's serious. Posted by Orrin Judd at March 15, 2006 9:37 AM