Coast Guard Statement on Port Transaction Analysis

Tuesday, February 28, 2006
"What is being quoted is an excerpt of a broader Coast Guard intelligence analysis that was performed early on as part of its due diligence process. The excerpts made public earlier today, when taken out of context, do not reflect the full, classified analysis performed by the Coast Guard. That analysis concludes ‘that DP World's acquisition of P&O, in and of itself, does not pose a significant threat to U.S. assets in [continental United States] ports.’ Upon subsequent and further review, the Coast Guard and the entire CFIUS panel believed that this transaction, when taking into account strong security assurances by DP World, does not compromise U.S. security."

Statement by Coast Guard Spokesman CMDR. Jeff Carter on Coast Guard Port Transaction Analysis

Email AddThis Feed Button Share
Maritime Reporter January 2012 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

Harvey Gulf Inks LNG OSV Contracts

Harvey Gulf signs contracts to buld two additonal U.S. flag LNG-powerd vessels.   Harvey Gulf International Marine ordered two additional 302’ X 64’,

Turner to Leave Braemar Seascope

Braemar Seascope would like to advise that Debbie Turner from its LNG division will be leaving the Company in the near future. Debbie has been involved with

GAS SHIPS: GAC Helps Meet Rising Indian Demand

GAC’s in-house ship-to-ship transfer expert GAC Transfer Services (GTS) has responded to growing demand for LPG imports and exports of clean products in the

Coast Guard

Feds Approve CA Sewage Ban and No-Discharge Zone

Feds Approve California Sewage Ban and Create Largest Coastal No-Discharge Zone in the Nation. Federal action is unprecedented in geographical scope, will prohibit

Coast Guard Foundation Announces New Leaders

Robert J. Flynn Elected Chairman of the Board. ADM Thad Allen and Clay Maitland among an impressive slate of of 11 others.   The Coast Guard Foundation,

Camarc Patrol Boat Fitted with UJ305 Ultrajets

Raidco Marine has delivered 4 of the first of a series of 11 Patrol Boats to the Gendarmerie Nationale.   Designed by naval architects Camarc, this new patrol

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright