N.J. will file suits to block transfer of port operations
Wednesday, February 22, 2006
TRENTON (AP) -- New Jersey will file suit in federal and state courts seeking to stop an Arab company from taking over operations at Port Newark, Gov. Jon Corzine said yesterday.
The announcement came as a whirlwind of political backlash from Republicans and Democrats continued to batter the Bush administration's approval of the port deal. At issue is the acquisition of a British company that has been running six U.S. ports, including Port Newark, by Dubai Ports World, a state-owned business in the United Arab Emirates.
The British company, Peninsular and Oriental Steam Navigation Co., also runs major commercial operations at ports in Baltimore, Miami, New Orleans, New York and Philadelphia.
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