- Nov 29, 2004
- 156
- 0
- 0
I read everyone ranting and raving about the UAE controlling our ports and how dangerous this is for America!!! Well I am afraid the media has once again been greatly misinforming the public. The UAE Company, DP World is not taking control of our ports but rather terminals within the port itself.
To give you an idea of what as terminal is, I will explain it with an example. Say I bought some land along the water that was within the New York port authority's jurisdiction. I could then decide to build a terminal that would consist of cranes, warehouses, truck stops, etc., everything I would need to load and unload cargo from ships. My terminal would not run the security of the port, all I would be trying to do was advertise my terminal to get cargo companies to choose me to unload their goods. The Coastguard and the port authority can and will check any ship that were to come to my terminal. I would have no say in what ships can and cannot be checked.
This is exactly what DP world has done. They bought out a P&O and will know run their terminals within the six U.S. ports. They are in no way taking CONTROL of the ports. This story has been blown way out of proportion.
To give you an idea of what as terminal is, I will explain it with an example. Say I bought some land along the water that was within the New York port authority's jurisdiction. I could then decide to build a terminal that would consist of cranes, warehouses, truck stops, etc., everything I would need to load and unload cargo from ships. My terminal would not run the security of the port, all I would be trying to do was advertise my terminal to get cargo companies to choose me to unload their goods. The Coastguard and the port authority can and will check any ship that were to come to my terminal. I would have no say in what ships can and cannot be checked.
This is exactly what DP world has done. They bought out a P&O and will know run their terminals within the six U.S. ports. They are in no way taking CONTROL of the ports. This story has been blown way out of proportion.