Thursday, February 23, 2006

Dubai Deal

Folks,

The port operator with the most ports under management in the world is
Stevedoring
Services of America, (SSA) a Seattle-based outfit. (Stevedores manage a port,
longshoremen
work it, usually some govt entity owns the port, and US Coast Guard is
responsible for
security.) SSA manages ports all over the world including the middle east.

http://www.ssamarine.com/

Ports are centers of mischief worldwide, plus political paydirt playgrounds.
(Note the news
item at the SSA site, a senator gets a million gallon biodiesel fuel deal for
the SSA... never
mind it takes 1.3 gallons of fuel to get 1 gallon of biodiesel fuel).

I think the political class is offended the Bushes are going to arbitrage the
savings an
independently managed port will realize for a cut of the savings going the
Bushes. I say fair
enough...first come first served.

John


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