The bill would require the investigation to include: (1) a review of US Coast Guard assessments of foreign ports where DP World operates, (2) background checks of DP World officers and security personnel, (3) an evaluation of the impact on port security by DP World's control of US port operations, and (4) consultation with the US Coast Guard, US Customs and Border Protection, the Secretary of Homeland Security and State and local officials, regarding the impact on national security of DP World operations at affected US ports.
Following the 45-day review, the bill would require, within 15 days, a report to Congress providing the detailed findings of the investigation and the Presidential determination. Congress would then have 30 days to reverse an approval of the transaction through legislation.
The proposed acquisition of the British company P&O by Dubai-owned DP World would affect operations at six major East Coast US ports, including: New York/ New Jersey, Philadelphia, Baltimore, Miami and Newark; plus several Gulf Coast ports including Corpus Christi, Houston and New Orleans.
United States House of Representatives
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