House Committee report says ZPMC poses risk to US security
NewsHouse Committee reports says ZPMC could serve as “a Trojan horse capable of helping the CCP and the PRC military exploit and manipulate US maritime equipment and technology.”
Having recently won an order from Tecon Suape SA in northern Brazil (see WorldCargo News October 2004, p1), ZPMC is currently bidding on a contract for two superpost-Panamax cranes and between four and seven RTGs for existing customer Libra Terminais’s T-37 facility at Santos, but faces a major problem in the form of the current import tax system.
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