Under Pressure, Dubai Company Drops Port Deal
March 9 — The state-owned Dubai company seeking to manage some terminal operations at six American ports dropped out of the deal on Thursday, bowing to an unrelenting bipartisan attack in Congress that swept aside President Bush's efforts.
How the Clock Ran Out on the Dubai Ports Deal (March 10, 2006)
DP World and U.S. Trade: A Zero-Sum Game (March 10, 2006)
News Analysis: Suddenly, a Rebellion in the G.O.P. on a Signature Issue (March 9, 2006)
In Break With White House, House Panel Rejects Port Deal (March 9, 2006)
Faulty Screening of Truck Drivers Puts Ports at Risk, New Report Finds (March 9, 2006)
G.O.P. Leaders Vowing to Block Ports Agreement (March 8, 2006)
Doubts Back Home Fuel G.O.P. Worries Over Ports Deal (March 2, 2006)
Coast Guard Had Concerns About Ports Deal, Papers Show (February 28, 2006)
Gaps in Security Stretch From Model Port in Dubai to U.S. (February 26, 2006)
The Reaction: Panel Saw No Security Issue in Port Contract, Officials Say (February 23, 2006)
Timeline of a Troubled Deal
Forum: National Security
The company, DP World, said that at the direction of Dubai's ruler it would "transfer" to a still-unnamed American company the leases to manage some of the busiest terminals in the United States, including some in New York, Newark, Baltimore and Miami.
Under questioning, the company declined to say whether it planned to sell the American operations or had some other transaction in mind.
The action averted a showdown with Congress that Mr. Bush was all but certain to lose, as signaled on Wednesday by a 62-to-2 vote of the House Appropriations Committee to reject the transfer, because it allowed the sale of some terminal operations to an Arab state company.
Senator John W. Warner, Republican of Virginia, announced the change on the Senate floor two hours before the Senate had been scheduled to vote on a motion that could have paved the way for a Democratic proposal to scuttle the deal.
How the Clock Ran Out on the Dubai Ports Deal (March 10, 2006)
DP World and U.S. Trade: A Zero-Sum Game (March 10, 2006)
News Analysis: Suddenly, a Rebellion in the G.O.P. on a Signature Issue (March 9, 2006)
In Break With White House, House Panel Rejects Port Deal (March 9, 2006)
Faulty Screening of Truck Drivers Puts Ports at Risk, New Report Finds (March 9, 2006)
G.O.P. Leaders Vowing to Block Ports Agreement (March 8, 2006)
Doubts Back Home Fuel G.O.P. Worries Over Ports Deal (March 2, 2006)
Coast Guard Had Concerns About Ports Deal, Papers Show (February 28, 2006)
Gaps in Security Stretch From Model Port in Dubai to U.S. (February 26, 2006)
The Reaction: Panel Saw No Security Issue in Port Contract, Officials Say (February 23, 2006)
Timeline of a Troubled Deal
Forum: National Security
The company, DP World, said that at the direction of Dubai's ruler it would "transfer" to a still-unnamed American company the leases to manage some of the busiest terminals in the United States, including some in New York, Newark, Baltimore and Miami.
Under questioning, the company declined to say whether it planned to sell the American operations or had some other transaction in mind.
The action averted a showdown with Congress that Mr. Bush was all but certain to lose, as signaled on Wednesday by a 62-to-2 vote of the House Appropriations Committee to reject the transfer, because it allowed the sale of some terminal operations to an Arab state company.
Senator John W. Warner, Republican of Virginia, announced the change on the Senate floor two hours before the Senate had been scheduled to vote on a motion that could have paved the way for a Democratic proposal to scuttle the deal.