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Year in Review 2006 - March.

Pacific Shipper

| December 21, 2006 | COPYRIGHT 2005 Commonwealth Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

March 6, 2006

* Ted Bilkey, chief operating officer of DP World, told a Senate committee that his company's takeover of P&O's port operations posed no threat to U.S. security and said criticism of the approval process was unwarranted.

* The Coast Guard said DP World's $6.8 billion deal to acquire P&O does not pose a security risk to U.S. ports, rebutting earlier statements by congressional leaders quoting a classified assessment by the agency.

* The political storm over the acquisition of P&O Ports by DP World refused to abate in Washington, D.C., but the controversy did not ignite a similar debate in other parts of the world.

* Officials in France confirmed reports that an outbreak of avian flu had spread and that a cat tested positive for the disease.

* Japan decided to end its decades-old ban on fresh potatoes imported from the United States.

* The first shipment of Ya pears from China passed port-of-entry inspection, and exports to the U.S. resumed.

* Phase 1 of the Busan Newport project opened with great fanfare on Jan. 19 and with good cause: It is a key cog in South Korea's strategy to become Northeast Asia's logistics…

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