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Tuesday, February 28, 2006

Just Nine Out of 300 Terminals Involved in Dubai Deal

News reports over the last two weeks have repeatedly claimed that a Dubai company was taking control of six major U.S. ports as part of a deal approved by the Bush administration.

But according to one port security expert, Dubai Ports World will run just a tiny fraction of the terminals at the U.S. ports involved if the deal goes through.

Defending the transaction on MSNBC's "Scarborough Company" Monday night, Kim Petersen, president of Seasecure, noted: "There are 300 terminals at those ports. Dubai Ports World is going to handle nine of them."

SeaSecure is the largest provider of maritime security in America.

That's a far cry from the impression left by the press, which reported over 50 times in the last two weeks that DPW would be "taking control of six major U.S. ports," according to a Nexis Lexis search.

Variations on the same phrase likely appeared in hundreds of additional reports.

Only in the American press does a 3 percent share of operations constitute "taking control."

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