Dubai Ports World controversy
Friday, February 24, 2006
The controversy of the Dubai Ports World (DPW) was pertaining the selling of the businesses in six major US seaports (regarding port management) to a UAE based company (DPW).The controversy began in February 2006. Soon it raised a national debate regarding national security in US.
Event list
The public outcry on learning that DP World would begin operating terminals at U.S. ports through its acquisition of P&O Ports has focused attention on one very small thread of the complex tapestry that is global logistics. The deal became an emotional issue for Americans when some lawmakers voiced concerns over the ownership stake the government of the United Arab Emirates has in DP World.
Bowing to ferocious opposition in Congress, a Dubai-owned company signaled surrender Thursday in its quest to take over operations at U.S. ports.