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Mumbai: Dubai Ports World
is considering plans to build a container terminal in the Cuban port of Mariel,
sources close to the developments said. State-owned
DP World, which last year gave up control over six US ports following political
controversy, has agreed to do a feasibility study to build a $250 million container
terminal in Mariel. DP
World became the world''s third-largest container port operator last year when
it bought UK''s Peninsular & Oriental Steam Navigation Co. However, a political
storm in the US forced the company to sell P&O''s US assets, including the
ports of New York City, Newark, Philadelphia, Baltimore, Miami and New Orleans,
as US lawmakers saw an Arab acquisition as a threat to US national security. P&O
had planned for several years to rebuild Mariel port, 30 miles west of Havana
on the north coast of the Caribbean island, and turn it into a modern container
port. The
port of Mariel has a strategic proximity to the United States and is an attractive
investment as Cuba is no longer under a US trade embargo.
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