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Friday, March 10, 2006

Scaremongering (Part 2)

A Dubai-owned firm is already providing shipping services in the United States, it has emerged.

Inchcape Shipping Services, whose clients include the US Navy, has been owned since January by the United Arab Emirates investment firm Istithmar.

Istithmar is an investment firm ultimately owned by the Dubai royal family.

ISS arranges pilots, tugs and dock workers for shipping companies and works with the US Customs to ensure the smooth arrival and departure of vessels at ports such as New York, New Jersey and San Francisco.

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