We do hold the view that this announcement today...should allay Congress's concerns in the very large part.

I want to say clearly and unequivocally that the sale will be to an American buyer. That should allay Congress' concerns.

There has been significant interest.

We are confident that the DP World purchase will ensure that our operations continue to meet all relevant standards in the U.S. through ongoing collaboration between the port operators and American, British, Australian and port security officials throughout the world.

I can not emphasize enough it is an American buyer.

The students contributed a great deal of time and effort to the plan. This was more than just a class project to them. They clearly wanted to give something back to the Coast communities.

We will still exist, with the same workers, and the same facility security plan, regulated by the same Coast Guard and Customs officials. And we'll be audited just as often maybe more often.

We'll have the same security operations, the same people. Nothing will change tomorrow. We have been diligent about keeping them in the loop.