BYE-BYE BUBENZER SYSTEMS
German spreader manufacturer Bubenzer Systems has ceased sales activities and declared itself insolvent.
Once deployed, the system will automatically confirm the container load/discharge movements on each of the 14 ship-to-shore cranes in operation.
High research and development costs together with over optimistic forecasts are reported to have thrown the enterprise off-balance.
Bubenzer Bremsen distanced itself from the failure commenting that the two companies separated last summer and lamenting that they were also facing financial damages.
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