At Least It's Not Dubai Ports

Ontario Pension Plan to Buy NY Ports Waiting to hear Lou Dobbs start screaming over this one. Will he or won't he? Place your wagers. After all a bunch of Ontario Teachers are far less a threat then Muslims. Unless they are Muslim teachers.

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BUSY YEAR FOR PORT DEALS:FEBRUARY United Arab Emirates-based Dubai Ports World bought Peninsular & Oriental Steam Navigation Co. for US$6.8-billion. It was forced to sell its six major U.S. ports.JULYGoldman Sachs bought Associated British Ports Holdings PLC, the U.K.'s largest port operator, for (ps)2.8-billion.SEPTEMBER A Macquarie Bank fund said it would buy a 40% stake in Hanjin Shipping's six overseas terminals whose assets are estimated to be worth US$870-million.OCTOBER Macquarie Infrastructure Partners announced plans to buy Canada's Halterm Income Fund for about $173-million. Halterm's main asset is a container terminal and cargo handling facility in the port of Halifax.

Photograph by : Mark Wilson, Getty Images)

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