The Traxer-CargoAssetTrax® concept introduces a patented security solution for supply chain container monitoring by integrating bunker fuel consumption monitoring, addressing issues faced by ship owners and operators regarding ROI. It aims to reduce losses from theft and fraud with a comprehensive monitoring system available 24/7 for a low cost, benefiting various stakeholders including ship owners, customers, and investors. The initiative seeks additional investment participation, estimating a funding requirement of $5-10 million primarily in the USA and Singapore.
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