Carlyly Group's involvement in port security company

[NVMojo]

MM&P-CONTRACTED CSX LINES PURCHASED BY THE CARLYLE GROUP
MM&P-contracted CSX Lines, the US-flag container shipping subsidiary of CSX Inc., will be sold to the Carlyle Group, a private equity firm based in Washington, DC for $300M. The acquisition will give Carlyle control over the nation's largest Jones Act container fleet and will add to the company's growing transportation portfolio.

CSX Lines will be renamed Horizon Lines LLC, when the transaction is completed early next year pending regulatory approval. CSX Lines is the nation's largest ocean transport company, with 17 US-flag vessels and 22,000 containers, providing ocean transportation and logistics services to and from the US, Alaska, Hawaii, Guam, and Puerto Rico.

Carlyle's other maritime holdings include Seabulk International, formerly Hvide Marine, which owns and operates 10 Jones Act tankers in the Gulf of Mexico. Through United Defense Industries, Carlyle controls United States Marine Repair, the nation's largest non-nuclear ship repair and conversion company.

Carlyle Group is a politically-connected global private equity firm with reportedly more than $13.9 billion under management. The company's directors and advisors include former President George H.W. Bush, former British Prime Minister John Major, and former Secretary of State James Baker. IBM Chairman Louis Gerstner is slated to become chairman of Carlyle on January 7, replacing former Secretary of Defense Frank Carlucci.

John Snow, the CEO of CSX, was appointed Treasury Secretary by the younger President Bush last week. The current CSX Lines President and Chief Executive Charles Raymond and his management team will remain in place. Raymond will also serve as chairman of the board.

more...

http://www.bridgedeck.org/mmp_news_archive/2002/mmp_new...

[Mme. Defarge]

1. How many ways

can you spell conflict of interest!

[movonne]

2. There has to be a stop put on this Carlyle group...this is where

this same gang of thugs will still own us...

[Skidmore]

3. Send tis info to Feingold or Boxer and Waxman or Conyers.

You can trust something will be done with it with these people.

[movonne]

7. My God, these people should know before we do...It seems like

we do all the work and just a handful respond..there will be some Dems that will think this is just dandy.

[Skidmore]

8. They should, but don't assume that.

There have been many times when we've been talking about why no action and when someone asked, the response was "Really?". Cover the bases.

[Joe Fields]

49. Whether they know or not, at least now they will know that we know.

Know what I mean?

[RazzleDazzle]

50. Olbermann, every blogger you can think of, Randi, Malloy, etc.

[CountAllVotes]

4. these criminals are stealing OUR country!

Kick & RECOMMEND!!!

:dem: :kick: :kick:

[movonne]

9. and will own it lock , stock and barrel...and we will have to buy the

air we breath and if you cannot afford it, oh well..

[movonne]

12. This should be on the front page of DU, and all the liberal media...

[ProSense]

5. Another interesting piece of information

is posted here:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=2471299&mesg_id=2471307

[papau]

13. Bush's Norman Mineta has already hired a UAE exec to oversee

US maritime issues?

Here is the link to the company's own press release:

http://www.dpiterminals.com/fullnews.asp?NewsID=39

[Trevelyan]

6. The link was no longer available but did access the front page. nt

[spindrifter]

10. Yes, this is old news, but it is

now being woven together as we become aware of the magnitude of this stuff. Check it out: H*burton sits back and gets no-bid contracts. Carlyle is so rich it just goes out and buys anything it wants.

[sandnsea]

11. This is a huge move

They've got control of all shipping if this goes through. The ships and the ports.

Do we have a direct connection between CSX and the Dubai company.

[xiamiam]

27. dubai co owns csx..

and it looks like the secretary of the treasury as well..

[pnorman]

14. That URL is somehow defective, but this one works:

http://www.bridgedeck.org/mmp_news_archive/2002/mmp_news021219.html#anchor942940

MM&P stands for Masters, Mates, and Pilots (AFL-CIO), a seafaring union of licenced deck officers. They hold union contracts with Horizon, at one time called Sealand, the original developer of containerization in the maritime industry.

The $$$$ connection is there, but that's not quite the Smoking Gun.

pnorman

[xiamiam]

22. well it seems that it is a conflict of intrest is the secretary of the

treaury is approving a sale for his parent co...cfx owned by dpi...

[xiamiam]

40. need to correct this...dpi bought csx terminals..port terminals not rail

interest..reread the articles...doesnt have anything to do with rail

[pnorman]

52. You're right of course.

It IS a conflict of interest, but there's been SO MUCH of that in this administration. But I still believe that Carlyle per se isn't the Smoking Gun. But much that's coming out recently IS.

pnorman

[PhilipShore]

15. RightWeb: Frank Carlucci Carlyle Group: Chairman emeritus (PNAC)

Right Web
Frank Carlucci
Carlyle Group: Chairman emeritus
Project for the New American Century: Signatory
Former defense secretary (Reagan administration)

http://rightweb.irc-online.org/profile/1067

Project for the New American Century

http://rightweb.irc-online.org/profile/1535

[quiet.american]

16. And who invests in Carlyle -- the bin Ladens of course.

Guardian: The ex-president's club
http://www.guardian.co.uk/wtccrash/story/0,1300,583869,00.html

But what sets Carlyle apart is the way it has exploited its political contacts. When Carlucci arrived there in 1989, he brought with him a phalanx of former subordinates from the CIA and the Pentagon, and an awareness of the scale of business a company like Carlyle could do in the corridors and steak-houses of Washington. In a decade and a half, the firm has been able to realise a 34% rate of return on its investments, and now claims to be the largest private equity firm in the world. Success brought more investors, including the international financier George Soros and, in 1995, the wealthy Saudi Binladin family, who insist they long ago severed all links with their notorious relative. The first president Bush is understood to have visited the Binladins in Saudi Arabia twice on the firm's behalf.

[jn2375]

28. remember that being discussed in Fahrenheit 9/11

[lovuian]

45. history channel said it MaBus = OsamaBush they are one

in the same... or how can you tell which one is which???

[muriel_volestrangler]

17. "Container shipping" is not "port security"

but I do understand that you needed a more dramatic headline than reality gave you.

[xiamiam]

33. actually the headline means nothing...the facts are dramatic enough..nt

[Warchild]

18. Interesting....

I figured the port deal had Carlyle's finger prints all over it-thought it was really about them gaining some access to some Sheiks oil faucet in exchange for the Arabs getting to manage these ports.

But what am I missing? I read the lead post a couple of times and see the connection 'tween Carlyle aquiring the container shipping lines-but where can I find a direct link 'tween Carlyle and the Dubai company who won the contract to manage the ports?

[Catrina]

20. Well, maybe through Condoleeza Rice? Wasn't she a member of the

Carlyle Group? She is also a member of the Committee for Foreign Investment,
the Committee that approved the Dubai deal ~ also on that Committed is Chertoff, (would anyone trust that man with security?), Rumsfeld (didn't he sign the PNAC?), Hadley, and I don't remember the rest of the list.

However, I realize that isn't a DIRECT connection to both the Carlyle Group and the Dubai deal except that we always end up with the same names when this country is being sold to the highest bidder ~

[Warchild]

26. Well, maybe through Condoleeza Rice?

I dunno about Rice-she's still in public service and I think if anyone making or tuning policy was connected to capitalist schemes(those are reserved for Cheney,anway} there'd be major screaming. But for sure Dubya's daddy and a shit load of other former intell comunity, state department as well as other retired govt. people are connected to Carlyle. They are so connected to business around the world through their government work.

It's dirty as hell as far as I can see. Like the statement that the deal was examined and approved by a "secret panel" of government and private reviewers. There's a reason it's a secret. It's made up Bush family members and associates.

[sandnsea]

29. It's concentration of global power

Power. It's all been about power. Iraq isn't about stealing oil, it's about the power the oil gives them.

They have the military, oil, communications, and now shipping and ports. I don't think they need much more to control everything, and then what?

[xiamiam]

32. well..a secret committe of 12..comprised of the secretaries of state,

treasury defense and homeland security...are the usual gang of suspects..who are the other 8 who are ruining our country for the rest of us 300 million...

[xiamiam]

31. carlyle buying csx from dpi..is my guess..maybe in exchange for

port operations
http://www.dpiterminals.com/fullnews.asp?NewsID=4

[sarcasmo]

19. Connecting the money is so much like connecting the dots.

Kick and Nom #9

[xiamiam]

21. Snow..Secretary of Treasury..and Ceo pf CSX which is owned by DPI

..just got that info in a thread i started when I realized the same Snow was on the tv rounds yesterday..anyway..the port operations takeover is also DPW..same co..secret committee which approved under department of treasury...this is nuts...they are not even trying to hide it...and keep in mind he was named secretary of treasury..according to this article one week ago..so if you could say the date of the article that would tell us if he was actually the one approving the sale of the port operations for his parent co,,,or if Bush waited until the approval and then named him secretary..I dont know..

[spindrifter]

46. Snow has been

Secy. of the Treasury since 2003. Prior he was Chair and CEO of CSX for 20 years. If you look at some of these people that BFEE has put into key positions, they come from corporate positions that mirror the interests of Carlyle et al. It's a PNAC'y kinda world.

[The Backlash Cometh]

23. Fucking crooks. Round them all up and put them in Gitmo.

They don't care how much damage they do to others, why should we care about them?

[SPKrazy]

24. And Dubai Port World (The ones buying the American Ports) Own CSX!

Milestones:
2005
DPA merges with DPI Terminals to form DP World.

2004
DPI acquired the international terminal business conducted by CSX World Terminals and other related interests

2004
DPA crossed 6,000,000 TEU mark, with a record growth of 25% compared to 2003.

2004
DPA joins ranks of top 10 container ports worldwide.

2003
DPI wins contract to operate a new Container Terminal at Constantza, Romania

2003
DPA crossed 5,000,000 TEU mark, with a record growth of 23% compared to 2002

2002
DPI wins contract to operate a new container terminal at Visakhapatnam Port in India

2002
DPA Posts another record 19.7% growth in container throughput

2001
DPA, JAFZA & Customs merged to form Ports, Customs & Free Zone Corporation

2000
DPA receives award for best government department

2000
DPI signs port management contract with Djibouti

1999
Dubai Ports International wins contract to manage Jeddah Islamic Port

1997
DPA joins ranks of top 10 container ports worldwide

1996
DPA crossed 2,000,000 TEUs mark

1993
DPA handles 1.69 million TEUs and moves into top 15 container ports league

1991
Port Rashid and Jebel Ali Port merged in May to form Dubai Ports Authority

1991
DPA crosses one million TEUs for the first time in November

1985
Jebel Ali Free Zone opened

1979
Jebel Ali Port opened - the largest man-made harbor in the world

1978
Port Rashid expanded to 35 berths

1972
First stage of Port Rashid completed



http://www.dpa.co.ae/ataglance/milestone.htm

[sandnsea]

30. Oh my god

CSX also operates the largest rail in the east. What the hell is going on?

http://www.pww.org/article/view/2616/1/130/

DPI CSX article

http://www.dpa.co.ae/news/news_24.html

[SPKrazy]

35. Freight Comes In Ports, Onto Rails, Then From Hubs Trucked

So you own the ports, the rails, then watch them start (if they haven't already) buying the trucking companies.

They will own us by default.

[sandnsea]

41. CSX Trucking

Yes, just continuing to merge power.

http://www.csxi.com/

[SPKrazy]

48. Interesting, My Brother In Law Has A Startup Company Where

he brokers freight containers on their way back from carrying goods (they go back empty otherwise and he brokers people who want stuff shipped and has drivers he contracts with to carry the containers) I'll have to ask him what he thinks about this. He used to support Bush, but now thinks bush (and all politicians) is scum, and is considering going into politics himself (to run on a family name in a state where his uncle held a congressional seat for 6 or 7 terms as both a Dem and later as a turncoat Repub)

[muriel_volestrangler]

34. No, DPW bought the terminal business from CSX

for cash. It does not 'own CSX'. It owns a business that CSX once owned.

[Emit]

38. Perhaps you can make a post explaining your points

To clarify what these transactions mean, that is (Carlyle, CSX, DPW, etc.). I think we should all put this in proper perspective. I, for one, am a bit confused as to what this all means, exactly.

[spindrifter]

47. Supposedly what

DP World really wants is control of the ports in the Far East. That is where the money lies. Control of those ports means you control the security devices that go on or in some of the containers that arrive--bingo--in U.S. ports.

[bklyncowgirl]

25. Damn, I knew they had to be involved. nt

[xiamiam]

36. researched: snow confirmed jan 30...began feb 3...pretty convenient

that the secret committee(still wonder if he was on that committee as expert advisor) began their throrough investigation in mid november and continued thru mid jan...immediately afterward, snow gets appointment and confirmation to secretary of treasury...

[xiamiam]

51. dont pay attention to the above post(mine)..wrong info..nt

[Rex]

37. So Carlyle and the UAE will now control our maritime ports?

Wow...I've always been told that once you hit the downward spiral things tend to pick up speed...we are SOOOOOOOOOO fucked! That's like handing OBL the keys to our country! Seems like the BFEE is accelerating plans for another big 911 style distraction. People keep safe.

[merbex]

39. When I think of all the stuff that has happened since Nov 2000-

that it is going to be the awarding of a contract to an Arab country that FINALLY wakes the vast majority of the American people up I just shake my head

Any of the other issues was worthy of the outrage also

But it is the symbolism of this one act - selling our port security to an Arab country no less - that EVERYONE can understand

Michael Moore take a bow - more people should now watch Fahrenheit 9/11 - If you know an outraged Repug GIVE HIM YOUR DVD OF FAHRENHEIT 9/11

[AntiFascist]

53. Bush warned us of an Islamo-Fascist caliphate...

what he didn't say is that powerful American companies closely tied to the administration plan on making huge profits once it is brought about and the administration will enable this to happen. Now that his approval rating is suffering again and he has no choice but to pull troops out of Iraq, it looks like he may have the opportunity to also bring about another catalyzing event, this one leading to WWIII, and imagine the profits that Carlyle Group and Halliburton can make once this happens?

[goforit]

42. Time is of the essence!

[Octafish]

43. Kick. Recommend. Send to all you know.

Thanks for the heads-up.

Yes, DU. The BFEE is real.

[lovuian]

44. MaBus = OsamaBush ... How can we tell which is which???

their one and the same...

this just proves what Michael Moore said was true in his movie...

[tinfoilinfor2005]

54. Why of course. I'd forgotten about poppy.

Junior has to make peace with daddy somehow before Bill inherits the heirloom father/son watch.

[Nothing Without Hope]

55. Here's a good GD-P thread on this, with a bit of additional info - LINK

Good stuff in the replies as well. I'll cross-post with this thread to the other one too. Want to keep this important material connected.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x2471320
thread title (2-20-06 GD-P): the connection to it all - Carlyle Group involved in port security deal
Comment/excerpt: “MM&P-contracted CSX Lines, the US-flag container shipping subsidiary of CSX Inc., will be sold to the Carlyle Group, a private equity firm based in Washington, DC for $300M. The acquisition will give Carlyle control over the nation's largest Jones Act container fleet and will add to the company's growing transportation portfolio. CSX Lines will be renamed Horizon Lines LLC, when the transaction is completed early next year pending regulatory approval. CSX Lines is the nation's largest ocean transport company, with 17 US-flag vessels and 22,000 containers, providing ocean transportation and logistics services to and from the US, Alaska, Hawaii, Guam, and Puerto Rico. Carlyle's other maritime holdings include Seabulk International, formerly Hvide Marine, which owns and operates 10 Jones Act tankers in the Gulf of Mexico. Through United Defense Industries, Carlyle controls United States Marine Repair, the nation's largest non-nuclear ship repair and conversion company…
John Snow, the CEO of CSX, was appointed Treasury Secretary by the younger President Bush last week.
…and more – they want to get into NUCLEAR SUBMARINES TOO…

[Nothing Without Hope]

56. Deal would give Dubai control of FORTY PERCENT of ARMY CARGO - LINK:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x476901
thread title (2-20-06 GD): UAE ports would get advanced warning on military shipments:
Comment/excerpt: FORTY PERCENT OF US ARMY CARGO WOULD BE CONTROLLED BY DUBAI-OWNED US PORTS!!! Excerpt from ThinkProgress article: “The company, Dubai Ports World, would also control the movement of military equipment on behalf of the U.S. Army through two other ports. From today’s edition of the British paper Lloyd’s List: has just renewed a contract with the United States Surface Deployment and Distribution Command to provide stevedoring of military equipment at the Texan ports of Beaumont and Corpus Christi through 2010. According to the journal Army Logistician ‘Almost 40 percent of the Army cargo deployed in support of Operation Iraqi Freedom flows through these two ports.’ “

[Swamp Rat]

57. America's security is a commodity to be sold... even to terrorists.

[HsiKang]

58. Carlyle Group and Dubai Ports International Advised by Same Attorney

Found this a bit interesting:

http://www.sullcrom.com/lawyers/detail.aspx?attorney=278&pid=&iid=&rid=


Michael G. DeSombre, a partner at Sullivan & Cromwell LLP is "currently advising The Carlyle Group in connection with the acquisition of Target Media Holdings Limited, a Carlyle investee company, by Focus Media Holding Limited and currently advising The Carlyle Group on various private equity investments in China."

He also "Advised Dubai Ports International in its US$1.15 billion agreement to acquire the international terminals business at CSX Corporation."