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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 08:55 AM
Original message
Does anyone know if there are no U.S. companies capable of
running these here ports? I read that on DU yesterday, but haven't seen anything to substantiate it.
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rman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 08:57 AM
Response to Original message
1. of course there are
Why would the running of ports be a uniquely Saudi (or UK) skill?
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 08:58 AM
Response to Original message
2. There is a $5 Billion Profit Built Into The Deal
So I suppose someone might be interested in it.
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 08:58 AM
Response to Original message
3. sure
but you need to lobby for the contracts... I you can hire lobbyist, pay locals, yadda, yadda. I know of at least 8 ports that are American run.
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meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 08:59 AM
Response to Original message
4. I think some guy named Harold Burton is interested in it ...
I'm not sure, but I wouldn't be surprised if this guy makes a bid.
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Norquist Nemesis Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:01 AM
Response to Reply #4
8. OMG!
:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

Needed that after watching the Sunday shows about this port deal!
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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:00 AM
Response to Original message
5. The question can be applied to a lot of things
The whole Globalist Con Job is based on the notion that America has become so weak and stupid and inefficient that we no longer have the capability of dong anything anymore.

Is it really impossible to have mid-sized companies that perform specific roles in the economy?

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Marie26 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:00 AM
Response to Original message
6. Apparantly there aren't
Sorry, no link. But the US apparantly doesn't have any major shipping companies that would be capable of buying out P&O. Shipping is mostly done by other countries like Britain, Greece, etc. The US is not a big shipping country.
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NoMercy Donating Member (79 posts) Send PM | Profile | Ignore Mon Feb-27-06 09:12 AM
Response to Reply #6
13. Chinese Companies and 1 Danish company are principal Global Terminal
operators. The is a super-high capital investment business. All major players are
backed or supported by long-term state guarantees in municipalities -- singapore,
Hong Kong, Copenhagen, Dubai -- where trading is a historically a major part of
their national economy.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:01 AM
Response to Original message
7. Looks like there weren't

The contracts would have been bid out at various times. I know North America doesn't take a leading role in international shipping, but have never worked in the industry. I would think there are various contracts with ports that North American companies have won, doesn't look like any for the overall management of any though.
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NoMercy Donating Member (79 posts) Send PM | Profile | Ignore Mon Feb-27-06 09:04 AM
Response to Original message
9. A large finders REWARD is probably available from Brit P&O owners
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oneold1-4u Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:08 AM
Response to Original message
10. The muslim world is in the process -
Of buying and controlling everything of importance in the world! When they once take over all major shipping by denying port access, they will demand anything!
When the world stops buying their oil, they will drop back into the 19th century quickly. They can't stop hating, robbing, and killing their own kind!
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Marie26 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:09 AM
Response to Reply #10
11. What a reasoned, informative post! nt
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:11 AM
Response to Reply #10
12. Wow.
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NoMercy Donating Member (79 posts) Send PM | Profile | Ignore Mon Feb-27-06 09:39 AM
Response to Original message
14. CHINA, CHINA, CHINA .......Denmark; Those are the options
Edited on Mon Feb-27-06 09:51 AM by NoMercy
Any major port has many operators who lease terminal rights in the Port -- they
don't run or own the ports. Few operators are have the experience or capital to make major infrasturture or security upgrades.

A global ports terminal operation the size of P&O could only be
rationally and securely acquired by one of the major ports terminal players -- most
currently controlled in one way or the other by the chineese.

Do google to find the info.

Today, major players in U.S. market are:

Hutchison Port Holdings (HPH) -- Hong Kong
China Ocean Shipping Co (COSCO) - Shanghai
PSA, International (Port of Singapore Authority) -- Singapore
AP Moller - Maersk Group -- Denmark
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Coexist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:47 AM
Response to Original message
15. Here is some good information on that:
http://www.iht.com/articles/2006/02/24/business/usports...

http://www.ssamarine.com/news/articles/010804.html
<snip>
Mixing business with pleasure

SSA Marine's CEO enjoys his job, runs a highly successful stevedoring company, takes very good care of his employees and claims he has never had to make major job cuts. Oh, and he recently landed the first Iraqi port contract...

http://www.asiterminals.com /
<snip>
American Stevedoring Incorporated (ASI), and its related operating subsidiaries, is a multi-service port operator and transportation service provider. With over $60 million in annual revenues, ASI offers port development services,direct stevedoring and lashing for container, bulk and neo-bulk products, state of the art warehouse operations, and related truck, chassis and container support services.

ASI was founded by Sabato Catucci in 1965 as a small trucking concern servicing the Port of New York. From this initial start, ASI has grown to be one of the most dynamic stevedoring companies operating in the region. Today, it remains a family run organization providing a personal level of service and commitment throughout its many transportation services.


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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 10:09 AM
Response to Reply #15
16. Thanks for the links! They helped! nt
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