Well, here's a clarification from the TIME MAGAZINE website:

Dubai Ports World has been taken by surprise over the furor, and is reportedly sending its Chief Operating Officer, the widely respected American shipping executive Edward "Ted" H. Bilkey, to Washington for talks. Indeed, the Bush administration needn't wait for Bilkey to arrive; it could get a good assessment of the workings of Dubai Ports World from its own current nominee for the post of U.S. Maritime Administrator — Dave Sanborn, previously a top executive at Dubai Ports World.

Cheerily,
Charley Noble