Another UAE Company Provides Security for US Navy

Could this be the next big flail?

While Dubai Ports World bowed out of running six US port facilities to quell an outcry over security concerns, another Dubai-owned company has since January provided services in 12 US ports and to the US Navy.

The British company Inchcape Shipping Services (ISS) was sold in January to a "Dubai government investment vehicle for 285 million dollars," Time magazine said on its website.

ISS has more than 200 offices around the world, including more than a dozen US port cities including Houston, Miami and New Orleans, where it engages in "arranging pilots, tugs, linesmen and stevedores, among other things," said the magazine.

The US Navy in June of last year signed a 50 million dollar contract making ISS its "Husbanding Agent for vessels in most Southwest Asia ports, including those in the Middle East," said Time quoting from an unclassified Navy logistics manual.