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Release Date: 02/27/06 00:00:00
For Immediate Release
U.S. Coast Guard
Office of Public Affairs
Contact: Coast Guard Press Office, 202-267-1993
February 27, 2006
What is being quoted is an excerpt of a broader Coast Guard intelligence analysis that was performed early on as part of its due diligence process. The excerpts made public earlier today, when taken out of context, do not reflect the full, classified analysis performed by the Coast Guard. That analysis concludes “that DP World's acquisition of P&O, in and of itself, does not pose a significant threat to U.S. assets in [continental United States] ports.” Upon subsequent and further review, the Coast Guard and the entire CFIUS panel believed that this transaction, when taking into account strong security assurances by DP World, does not compromise U.S. security.
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This page was last reviewed/modified on 02/27/06 00:00:00.
