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Maersk acquires Martin Bencher Group to strengthen project logistics capacity

Time:2022-08-10 Publisher:Kevin Num:2244

Last week, Maersk, the global shipping giant, announced its second quarter financial results. The data showed that Maersk's single quarter revenue increased by more than 50% year-on-year.

The net profit of other shipping giants such as Dafei also tripled year-on-year in the first quarter, and the profit of Hapag Lloyd reached a new high in the second quarter.

Even though the freight rate drops after the demand falls, a number of shipping giants still raise their expectations and are still full of confidence in the market this year.

Meanwhile, on August 5, Maersk officially announced that it would acquire Martin bencher group, a Danish company, and launch a new product Maersk project logistics.

It is understood that the company was founded in 1997 and headquartered in Aarhus, Denmark. It is a light asset logistics supplier focusing on project logistics.

Maersk said that for project activities requiring special solutions, the transportation process may be very complex. Martin bencher has excellent ability in this respect.

It added that such services require strong transport management capabilities and deep technical expertise. For example, handling very large and special goods.

In fact, this is a professional service covering solution design, special cargo transportation and project management. Including freight planning from the supplier to the destination.

Karsten kildahl, managing director of Maersk Europe, pointed out: "Martin bencher will be very suitable for Maersk, and its arrival can enhance Maersk's ability to provide project logistics services to global customers.

When Martin bencher joins Maersk, we will be able to provide highly reliable project logistics services with good performance and high attention to health, safety, security and environment (HSSE).

In short, project logistics is a professional service in the global logistics industry. It combines the traditional freight and transportation capacity with project planning and transportation engineering.

Project logistics is no stranger to Maersk. However, the company has "niche competitiveness" mainly located in Europe and North America. However, Maersk said that in order to expand and improve service products, these activities will be integrated into global products.

This acquisition needs to be approved by the relevant regulatory authorities, and the transaction will be completed after obtaining the relevant approval.

Until the end of the transaction, Maersk and Martin bencher were still two independent companies. Their business will continue to operate as usual without affecting employees, customers or suppliers.

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