22 February 2024
A 2023 report by the Department of Transportation Maritime Administration, underscores the vulnerability of American ports to cyber threats, citing the multitude of contractors and stakeholders operating within them.
This vulnerability led Biden administration to announce a $20 billion investment over the next five years in new port infrastructure, with a focus on US-made cranes to mitigate cybersecurity and counterintelligence risks. The executive order aims to improve marine cybersecurity by ensuring that all vital port infrastructure complies with international and industry safety standards.
PACECO Corp., a US subsidiary of Mitsui E&S Co., Ltd (Japan), plans to increase crane production capacity domestically.