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VCs and others jump into the cargo tracking market
LoJack’s recent purchase of a minority stake in SC-Integrity just one example of an industry on the rise; with $50 billion at stake each year, shipping companies get value by both preventing theft and managing their supply chains
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Canada to require background checks for maritime workers
Marine pilots, seafarers, and security personnel covered by new regulations; Canada to spend C$42 million on new port security endeavors, including surveillance, communications, and perimeter security
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Sealegs unveils new emergency rescue amphibious craft
Crushing demand for the fiberglass ARC forces the company to open a larger factory; at a price of $58,850, Sealegs sees a great opportunity in the American homeland security market
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Fiji soldiers steal 600,000 rounds of ammunition from local port
After police are threatened, commissioner fights back against bureaucratic bungling
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Samsung buys a minority share of CommerceGuard
Deal is the company’s first venture into the cargo security market; $15 million deal includes exclusive Asian marketing rights
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RAND puts ferries at the top of the list of emerging terrorist threats
With their wide decks, slow-moving ferries are extremely vulnerable to even the slightest explosions; suicide bombers, mines, and boat-borne IEDs among likely methods of attack; screening ferry crews and increased wharf surveillance are best responses
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EDO to develop very-shallow-water mine-neutralizer system
Defending shallow coastal waters against terrorists who would lay mines in order to disrupt commerce and inflict damage is becoming a big issue for the world navies; the U.S. Navy has its Littoral Combat Ship (LCS) program, and a New York company now wins a contract to develop mine sweeping operations in support of the LCS project
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Coast Guard looks at threats from non-conatinerized cargo
Break bulk and roll on/roll off cargo present a unique challenge awaiting a solution; cars, cotton bales, and turbine equipment cannot be easily moved through a portal radiation screener; a dirty bomb in a car trunk is just one of the horrifying scenerios
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U.S. Navy, DHS seek proposal for laser weapons
U.S. defense and homeland security agencies want information on building a laser weapon capable of thwarting a demanding range of threats, among them ” Jet Skis, small-boat swarm attacks, rockets, mortars, artillery rounds, shoulder-fired missiles, electro-optic sensors, and soft, unmanned aerial vehicles,” and more
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LoJack enters the cargo security market
Licensing deal with SC-Integrity allows the latter to market products under the LoJack in Transit brand name
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TWIC program bad news harbor trucking industry
Experts expect a large drop-off in truckers when the government begins registering port workers; 25-50 percent are illegal, and few others want these jobs; wages are down, yet demand is high as foreign trade booms
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National retailers applaud SAFE Port Act
Signed into law last week, the final language excludes foreign port screening requirement; retailers feared increased costs without a measurable increase in security; compromise that mandates U.S. port screening welcomed by trade association
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