We in AP Møller-Maersk have acquired Danish company Martin Bencher Group and launch a new product, Maersk Project Logistics.
Denmark-based Martin Bencher was founded in 1997 and is an asset-light logistics provider that specialises in project logistics.
With the acquisition, we will the launch Maersk Project Logistics, a specialised service offering covering solution design, special cargo transport and project management services, including planning, orchestration and sequencing of end-to-end shipments from suppliers to destination sites.
These services required are “managed transport capabilities with deep technical specialist knowledge around specific supply chain elements, such as handling of oversized and special lift cargo, conducting road surveys and delivery planning as well as offload and assembly of the equipment on sites.
This will enable Maersk to significantly accelerate its project logistics capabilities and develop an unparalleled integrated offering to serve existing and future customers, also within new industries.”
Martin Bencher Group is headquartered in Aarhus and has a presence globally through 31 offices in 23 countries, with almost 170 employees.
Maersk said the value of the transaction is $61m in enterprise value post-IFRS 16 lease liabilities, reflecting an EV/Ebitda multiple of 7.1x based on estimated Ebitda for 2021.
Source: Loadstar
“We expect strong #freightrates for Q3, similar to what we have seen in Q2. The situation will start normalizing in Q4,” says A.P. Moller – Maersk CEO.
Søren Skou talks to Anna Edwards and Mark Cudmore during today´s Bloomberg News European Open.
He asks for a global level playing field; explains the current congestion around the world and addresses the future of shipping.
You can listen to the whole interview here https://lnkd.in/e6aSvSDK
This is an amazing project. Vision. Think big. 9 million people, living in 5-minute-walk neighborhoods. Travel end-to-end in 20 minutes. No cars. Zero carbon.
This video shows the design for The Line a 500-metre-tall, mirror-clad skyscraper that was designed to house nine million people in Saudi Arabia.
The linear city, which will be 170 kilometres long and 200 metres wide, was launched by Saudia Arabia and is described as “a revolution in civilization.”
It will have a footprint of just 34 square kilometres and house nine million people, who will live in neighbourhoods where all daily needs are accessible within a five-minute walk.
The linear city’s infrastructure will make it possible to travel from end to end in twenty minutes, according to its designers, meaning there will be no need for cars.
The Line is planned as part of the Neom initiative and Saudi Arabia’s Vision 2030 drive to diversify its economy and become less reliant on oil.
Watch the video here:https://youtu.be/3xPac81D4Kw
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