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...while one Dubai company may be giving up on U.S. ports, another one shows no signs of quitting the U.S.-or of giving up a contract with the Navy to provide shore services for vessels in the Middle East. The firm, Inchcape Shipping Services (ISS), is an old British company that last January was sold to a Dubai government investment vehicle for $285 million. ISS has more than 200 offices around the world and provides services to clients ranging from cruise ship operators to oil tankers to commercial cargo vessels. In the U.S., the company operates out of more than...

Author: /time Magazine | Title: The Dubai Deal You Don't Know About | 3/9/2006 | See Source »

...impossible to rely solely on Western-owned companies for critical services. It simply couldn?t operate without local firms providing logistics support at the 200 ports its ships visit around the world. After the bombing of the USS Cole in 2000, the Navy undertook a wide-scale review of contracting procedures, including those involving ship husbanding. As a result of that review, the Navy took several steps to increase the security of ships in foreign ports, but maintained its system of contracting. ?We've been doing business in the Persian Gulf for 60 years,? says a Navy official...

Author: /time Magazine | Title: The Dubai Deal You Don't Know About | 3/9/2006 | See Source »

...question, the husbanding contract provides the potential for mischief. Husbanding agents arrange everything from fuel to spare parts to fresh vegetables for vessels at ports of call. More critically, they often provide security, like erecting concrete barriers and what the military calls ?force protection.? Husbanding agents often learn weeks in advance of a ship?s schedule so as to be prepared when the vessel arrives, information that the Navy keeps closely guarded since it could be invaluable in the hands of terrorists. The suicide bombing of the Cole, for instance, occurred less than three hours after the ship had completed...

Author: /time Magazine | Title: The Dubai Deal You Don't Know About | 3/9/2006 | See Source »

...Contacted by TIME, a spokesman for ISS confirmed the existence of the contract, but said that confidentiality terms prevented him from discussing it. A statement issued by the firm declared that ?ISS has undergone rigorous external security checks? and has ?comprehensive internal policies on security.? Regarding its U.S. port operations, the company states that all port staff ?are fully vetted and cleared and undergo a background check to enable them to work within the port limits...

Author: /time Magazine | Title: The Dubai Deal You Don't Know About | 3/9/2006 | See Source »

...fact, isn?t the only Dubai company that has won big business with the Pentagon. In December 2004, another such firm, Seven Seas Shipchandlers, won a $700 million contract to be the prime vendor for maintenance and repair operations for troops in the U.S. Central Command region, which includes the Middle East. Seven Seas has also provided food supplies to U.S. troops in Iraq. Another Dubai-based firm, MAC International, is under contract to deliver $67.2 million worth of police trucks to the Army. Those vehicles, however, will bear a stamp that should please any Washington pol: Made In Detroit...

Author: /time Magazine | Title: The Dubai Deal You Don't Know About | 3/9/2006 | See Source »

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