STOCK TITAN

Japan Customs and Smiths Detection to boost surveillance with state-of-the-art inspection system

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Smiths Detection has secured a contract with Japan Customs to install two high-performance HCVS cargo inspection systems at Kobe and Tokyo ports, beginning in April 2022. These systems will enhance cargo screening by reducing the need for manual inspections and providing rapid, reliable results. Japan, being the world's fourth-largest trader, saw a significant increase of over 20% in imports and exports in August 2021, signaling a strong economic recovery. Smiths Detection aims to bolster trade security and efficiency in these essential port environments.

Positive
  • Secured contract with Japan Customs enhances revenue potential.
  • Installation of advanced HCVS systems improves cargo security and efficiency.
  • Japan's rising trade volume indicates a growing market for inspection technologies.
Negative
  • None.

Securing Japan’s ports in Kobe and Tokyo with high-performance contraband detection

TOKYO--(BUSINESS WIRE)-- Smiths Detection, a global leader in threat detection and security inspection technologies, has secured a contract with Japan Customs to provide two Hi Energy 9 MeV, interlaced, dual view HCVS high-performance cargo inspection systems for screening trucks and cargo containers to Tokyo Customs at Jyonanjima and Kobe Customs at Mizushima. Installations will start in April 2022.

This improved HCVS X-ray stationary screening system utilizes a new upgraded conveyor mechanism which optimises security checks by scanning whole trucks (cabin included), containers, and vehicles for threats and contraband. With the ability to discriminate between organic and inorganic materials, the HCVS reduces the need for manual inspection while producing rapid and reliable results. It is already deployed at various ports across Japan and at international ports such as Belgium’s Port of Antwerp and Israel’s Haifa Port.

Japan is the world’s fourth largest importer and exporter of goods, making trade essential for its economy. In August 2021, imports and exports rose by over 20 percent year on year as Japan’s economy continues to recover from the impact of the pandemic1.

“As the volume of goods and trade increases globally, being technologically innovative is vital for establishing trust between stakeholders and maintaining the flow of goods through our local and global markets,” said Kevin Davies, Smiths Detection, Global Director Ports and Borders. “Smiths Detection is proud to support Tokyo and Kobe Customs in creating the safest port environments possible. With state-of-the-art technology and our global team, we look forward to strengthening the region’s ease of trade and securing movements of cargo around the world.”

###

About Smiths Detection

Smiths Detection, part of Smiths Group, is a global leader in threat detection and screening technologies for aviation, ports and borders, defence and urban security. Our experience and history across more than 40 years at the frontline, enables us to deliver the solutions needed to protect society from the threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals and narcotics.

Our goal is simple – to provide security, peace of mind and freedom of movement upon which the world depends.

For more information visit www.smithsdetection.com.

1 https://www.icis.com/explore/resources/news/2021/09/16/10685288/japan-s-chemicals-exports-rise-by-28-5-in-aug-total-shipments-up-26-2

Terri Teo

Edelman on behalf of Smiths Detection

Terri.teo@edelman.com

Sophie Mills

Global Communications Manager

sophie.mills@smithsdetection.com

Source: Smiths Detection

FAQ

What is the significance of Smiths Detection's contract with Japan Customs?

The contract is significant as it allows Smiths Detection to install high-performance cargo inspection systems at major Japanese ports, enhancing trade security and efficiency.

When will the installations of HCVS systems at Kobe and Tokyo ports begin?

The installations of the HCVS systems are set to begin in April 2022.

How does the HCVS system improve cargo inspection at Japanese ports?

The HCVS system improves cargo inspection by reducing manual checks, allowing for rapid and reliable identification of threats and contraband.

What was the percentage increase in Japan's imports and exports in August 2021?

In August 2021, Japan's imports and exports rose by over 20% year on year.

What role does Smiths Detection play in the global trade market?

Smiths Detection plays a crucial role in enhancing trade security through advanced threat detection and screening technologies.

SMITHS GROUP PLC S/ADR

OTC:SMGZY

SMGZY Rankings

SMGZY Latest News

SMGZY Stock Data

7.17B
344.56M
Specialty Industrial Machinery
Industrials
Link
United States of America
London