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Martin Bencher Group Newsletter - October, 2019

Editorial

Martin Bencher Expands in Southern Europe

MARTIN BENCHER GROUP expands in Southern Europe. We have been active in Spain for many years in terms of operations and sales. Therefore, we are proud to announce that we are now opening an office in Bilbao, Spain so we can continue serving our project customers.

We have a lot of expectations to make this office successful and we want to keep providing our customers with great quality logistics services – not only to our existing customers but also for the new customers to come.

Managing Director for Martin Bencher Spain is Mr. Rodrigo Jaime, an experienced Project Logistics expert who has been working with Martin Bencher for several years.

On the personal side, I consider this as a great challenge but with the help of a great number of professional colleagues worldwide, I am confident that we will manage to accomplish our goals of expansion in the Spanish market” says Managing Director, Rodrigo Jaime.


The contact information for Martin Bencher Spain is the following:

Martin bencher Projects Spain
Av. Madariaga 1, level 3
48014 Deusto, Bilbao, Spain
Tel: + 34 94 666 6322
mbspain@martin-bencher.com

 

You can also find the official press release by clicking here.

Martin Bencher News

INCOTERMS® 2020

The Incoterm® rules are the world’s essential terms of trade for the sale of goods. The rules are a common set of rules and guidelines for traders around the world regardless of different practices or legal interpretations between traders. 
The Incoterm® rules are published by the International Chamber of Commerce (ICC). The rules are maintained and developed every now and then, and Incoterms 2020 (the 9th version) was just recently released in September 2019.

Incoterms® 2020 will come into force by January 1, 2020, but they can already be used before if it is specified in the contract.

As per ICC, some of the noticeable changes in the Incoterms® 2020 include:
  • Incoterms® 2020 provides for demonstrated market need in relation to bills of lading (BL) with an on-board notation and the Free Carrier (FCA) Incoterms® rule.
  • Incoterms® 2020 aligns different levels of insurance coverage in Cost Insurance and Freight (CIF) and Carriage and Insurance Paid To (CIP).
  • Incoterms® 2020 includes arrangements for carriage with own means of transport in FCA, Delivery at Place (DAP), Delivery at Place Unloaded (DPU), and Delivered Duty Paid (DDP).
  • There is a change in the three-letter name for Delivered at Terminal (DAT) to DPU.
  • Incoterms® 2020 includes security-related requirements within carriage obligations and costs.
If you want to read more about the Incoterms® please visit ICC's website by clicking here
Seasonal Measures for Brown Marmorated Stink Bug (BMSB)
In Australia and New Zealand, it is season for Brown Marmorated Stink Bugs (BMSB). The BMSB is considered a hitchhiker pest that can spread via oceangoing vessels. They seek shelter from cold weather during winter season and find their way into equipment, vehicles, machinery and other types of cargo. 
Please be aware that goods shipped between 1 September and 30 April need to be treated differently. If you want to read more about the rules, please click here.

Shipping and Industry News

Maritime CEO Forum: The State of the World Economy
While the global economy might be slowing down and there are plenty of alarm bells going off, Cetinok argued that the world was still growing at a healthy pace with GDP growth only slightly below the long term average. Read more here.
Going Digital Now the Only Way Forward for Financially Strapped Ocean Carriers
Relentless pressure on costs has forced shipping lines to embrace the wave of digitisation sweeping the ocean container freight industry. Read more here.
Decarbonisation and Greener Fuel Now Looming Large on Shipping's Radar
Decarbonisation is now the second most important issue for the shipping industry, according to a report released today by the Global Maritime Forum. Read more here.
US Warehouse Supply Catches Up With Demand, but Rates Remain Lofty
Growth in warehouse capacity in the US has finally caught up with demand – but any oversupply may be shortlived and is not expected to nudge prices down. Read more here.
Trade War and Brexit Uncertainty Take Their Toll
World maritime trade lost momentum in 2018 as a result of heightened uncertainty, escalating tariff tensions between the U.S. and China and mounting concerns over a no-deal Brexit, according to UNCTAD's Review of Maritime Transport 2019. Read more here.
152 Tons Transformer

September 2019, Martin Bencher Sweden transported a 152 tons transformer to Stockholm, Sweden. The transport measuring total 30 x 3,9 x 5,6m and weighing 212 tons had to be trucked through urban environments before reaching the substation.

Martin Bencher’s scope included discharge from ocean vessel, transport on inland water ways, discharge to trailer with floating crane, road transport and unloading by jacking and skidding. Click here to read more

Have you ever visited our office in Sweden, Gothenburg?
Click here to meet your local contact.
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