DP World to transfer ports to a U.S. entity

"Because of the strong relationship between the United Arab Emirates and the United States and to preserve that relationship ... DP World will transfer fully the U.S. operations of P&O Operations North America to a United States entity," Edward H. Bilkey, DP World's chief operating officer, said in a statement."

"UAE firm to transfer port operations to U.S. 'entity' " [CNN]; DP World statement [PDF]