Latest news from Heavy Lift & Project Forwarding International Magazine

Martin Bencher upgrades in China

September 24 - The Martin Bencher Group's office in Shanghai has been upgraded from Representative to Wholly Owned Foreign Enterprise (WOFE) status.

Through the new company set-up, Martin Bencher International Transport (Shanghai) Ltd. is now able to invoice customers in China in the local currency Renminbi (RMB). 

"An increasing number of our regular customers have requested that we must receive payment in RMB in China and we can now meet their requirements," said Peter Thorsoe Jensen, CEO of Martin Bencher Group. 

"With this strategic change we can also offer our services to Chinese companies who are unable to pay outside China - and most importantly, this is a further step forward for our domestic transport services in China, our fastest growing business area."

Heavy Lift | News

Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 464
Ambercor completes yankee move thumbnail image

Ambercor completes yankee move

February 17 - Canada-headquartered Ambercor Shipping has coordinated the delivery of a yankee dryer and two through-air dryer (TAD) rolls in Quebec.
Views: 222
Duluth awarded infrastructure grant thumbnail image

Duluth awarded infrastructure grant

February 17 - The US Department of Transportation’s Maritime Administration has allocated a USD10.5 million grant to the Duluth Seaway Port Authority. 
Views: 243

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