• Thu. Apr 25th, 2024

Biden’s $20 Billion Investment in Local Crane Production, and the Controversy Surrounding Chinese-Made Port Cranes: What it Means for Israel and the Global Supply Chain.

BySamantha Nguyen

Apr 4, 2024
In the US, efforts are being made to counter Chinese crane surveillance, while in Israel there is apathy

US President Joe Biden recently made a significant move in the global port industry by investing NIS 20 billion in local crane production and expanding American authority to investigate cybersecurity issues in port infrastructure. This decision has sparked controversy, with reports indicating that the US discovered modems used for communication and data collection on cranes made by a leading Chinese manufacturer. Despite this, experts and decision-makers in Israel have largely remained unconcerned.

The Chinese company ZPMC, based in Shanghai, dominates over 70% of the world market for port cranes. These cranes are used for loading and unloading containers, making them critical to supply chains worldwide. However, an investigation found unauthorized communication devices on ZPMC cranes in the US, raising concerns about potential espionage and disruptions in supply chains.

President Biden has responded to these revelations by tasking the US Coast Guard with addressing cybersecurity in ports and announcing a $20 billion investment in American-made infrastructure for sea ports. However, despite these efforts, the prevalence of ZPMC cranes worldwide poses a significant challenge due to their lower cost and widespread use.

In Israel, concerns have been raised about the security implications of Chinese-built cranes in ports. While some ports have taken measures to mitigate potential risks, including replacing electronic systems and installing security sensors, skepticism remains about Chinese involvement in critical infrastructure. Despite reassurances from experts, the issue of cybersecurity in ports remains a topic of debate and scrutiny.

Overall, President Biden’s decision to invest heavily in local crane production and expand American authority to investigate cybersecurity issues in port infrastructure is a crucial step towards ensuring the safety and security of global supply chains. However, it is clear that there are still challenges ahead when it comes to dealing with China’s dominance in the port crane market.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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