Ox Markets Review and Detailed Information for 2020

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Contents

Heavy lifting equipment – Machine movers

CATALOG V.2. DOWNLOAD IT!

With new products and features

Products

Customers

News Ox Worldwide

Spreader beams for cranes | Success case (video included)

Self powered Trolleys arrive in the U.S.

Spreader beams – Case of Study

New Ox Worldwide catalog

More about Ox Worldwide

Company

25 years manufacturing heavy lifting equipment and machinery movers around the world. “Ox Worldwide” specialized in heavy lifting equipment, material handling, machine movers and lifting of loads. The company was created with the mission to provide professional solutions for the transport and lifting of heavy loads in a safe and controlled way. Ox Worldwide is part of the CFB Group.

We are based in Barcelona Spain, we work with national companies and the rest of the continents. In recent years we are immersed in an export process that accounts for more than 50% of our turnover.

It was created in 1992 and specialized in the manufacture of heavy lifting equipment “Ox Worldwide” was born with Cranes sector, from here we expanded to other markets / sectors as the wind energy, naval, railway, oil & gas, offshore, nuclear energy, automotive, aeronautic, project cargo, steel, logistics and small company around the world, thanks to the best practices integrated in our values as a company, highly trained teams, an engineering company that always bets on innovation ,

At Ox Worldwide, assistance and advice is our commitment to the customer. We have qualified personnel, adequate facilities and we can send you all kinds of product information: dimensions, detail plans, certificates, instruction manuals, etc …

“Our priority is to provide effective, profitable and safe solutions, to ensure long-term business relationships, through customer satisfaction”
Emilio Blasco , founder of Ox Worldwide

Products

We have managed to manufacture and distribute our heavy lifting equipment with the highest standards of quality and safety, operating with increasing efficiency. For this it is essential to pass the highest quality controls.

Highlight among them our: SELF-PROPELLED TROLLEYS, we have focused on a range of products for all types of utilities in the handling of industrial loads, highlight our Self-propelled Trolleys that are capable of transporting up to 200 tons in a fast and simple way, SPREADER BEAMS, LIFTING BEAMS, COIL CARS, TRANSFER CARS, C-HOOKS, LOAD ROTATORS, LOAD ROTATORS, TURNING DEVICES, CONTAINER SPREADERS.
We have a team of engineers in elevation and structural engineering and highly qualified operators, allows us to work hand in hand with customers to develop the best lifting solutions for any type of load and give the best commercial offer.

Identification.
All our equipment have an identity label on the unit structure. The model, manufacturer, serial number, SWL, year of manufacturing and conformity with CE norms are shown in it.

Instructions manual
Ox Worldwide always delivers its products with the proper instructions manual. This manual contains detailed information, maintenance book, checking points, inspections, etc…

Since the founding of the company in 1999, we have demonstrated a great commercial reputation through years of hard work.

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We started working in Spain but over the years the equipment demands come from all over the world, nowadays we are working on all continents.

Certifications

Cetificate of aproval ISO 9001, ISO 3834, DNV
At CFB – Ox Worldwide, the quality of the whole productive process is guaranteed by periodic inspections and approval certificates by Lloyd Register Quality Assurance. The Quality Management System is applicable to Design and Production of material handling equipment.

Warranty of quality. The products of Ox Worldwide are designed and manufactured in accordance with a quality control.
The quality of the whole productive process of Ox Worldwide is guaranteed by periodic inspections

Certificate of conformity The products of Ox Worldwide have a certificate of conformity, declaring that the equipment delivered has been designed, manufactured and sold in the european community in accordance with all the security and health basics detailed in those norms.

Factory

We have the factory completely adequate with all facilities and the best machinery for the manufacture and distribution our heavy lifting equipment,

We started in our factory of 1800m2, which have allow for us to grow and establish ourselves in the market, and last year we acquired another delegation that helps us at a logistic operations and to diversify the products of the Cargo Flet Blasant S.L.

Vision | Task

Our vision

There isn’t doubt that the world of charges industrialists is plunged into a long process of transformation. In this context, Ox Worldwide mission is to provide solutions effective, profitable.
We strive to meet and exceed expectations and requirements of our clients.

Our task
We act in an agile and flexible way, focusing always in solutions that adapt to the customer needs, we provide to our customers services designed to develop lasting and honest associations.

Our values

—Closeness. It is essential for us to have a close relationship and an extensive dialogue with the client, putting our knowledge at your service to find out their real needs, actively advise them and offer them the
more effective, economical and safe alternative.
Transparency. Our proposals are clear, without hidden costs, without small print, what it is about is providing the client with only what they need, so we make sure that they get a return on investment safely and quickly. A relationship of trust is essential.
—High quality. We promote and demand quality awareness, not only from ourselves but also from our partners and suppliers.
—Security. safety is our highest priority, with respect to customers as well as ourselves and will never be compromised.
—Innovation. We are not satisfied with adapting to the needs of the market, but rather that we have to anticipate them in order to offer more efficient and profitable solutions, which is why we invest a large part of the annual budget in research and training.
—Commitment. It is not enough to give the best solution in our products, we also offer a completely personalized training service, to minimize risks and make the most of our products.
We have a careful after-sales service, we always respond as quickly as possible to any incident. And we offer a comprehensive review service, in order to minimize risks to zero and comply with current regulations to avoid possible penalties to the client.

Terms

Prices
Standard price lists can be modified.

Accepting Orders
– Orders must be sent in written and accepting Ox Worldwide quotation.
– Ox Wordlwide has no responsability for any order received having incorrect data, code errors, etc.
– No orders will be accepted after non-payment or not accepted return of materials.

Carriage
– Prices are EXW and for goods placed in our warehouse.
– Free delivered shimpents are to be agreed.
– Any delivery sent by urgent transportation will be paid by the customer.

Warranty & features
– Dimensions and sizes are informative and can be modified without notice.
– It will be attached a material certificate of all the materials bought. Certificate duplicates will have a charge, that will vary in each case.
– It will be attached an Instructions manual and maintenance use as well as the Inspections History.
– The management of the environmental waste, regarding the delivered packaging, boxes, etc, is responsabililty of the buyer.

Material returns
– No material returns will be accepted after 30 days of the delivery date.
– No material returns by ex-works incoterm will be accepted, except being previously notified and accepted by our sales department.
– Any kind of damage of goods will be discounted from the credit note.

Special products
– In all the range of products manufactured by client request, such as material handling, spreader beams, C hooks, winches, etc, must be paid a 30% when the order has been accepted.

Delivery time
– In special products, normally we deliver products in 2-8 weeks (it will be confirmed when order is accepted).

Cancelling orders
– All the procedures of any cancellation must be sent in written and receive our conformity.
* In the special products, it will be charged the work done until the cancellation date.

Payment conditions & property reservation
– To be agreed in advance: cash sale, letter of credit, receipt
– Ox Worldwide is the owner of the products until the whole payment is done.
– Is mandatory for both parties to respect the due date indicated on the invoice (the interbank surcharge will be charged in the event of any delay).
– 2% of discount for early payment.

Jurisdiction
– The Spanish courts (in Barcelona) shall have exclusive jurisdiction to settle any dispute, controversy or claim arising under the contract signed between Ox Wordlwide and the client.

Why Ox Worldwide?

Commited to giving you the best solutions!

Beacause we are a solid Group with decades of experience that can give you global solutions of heavy lifting equipment & machinery movers. Together we create solutions!
We remain committed to providing the best solutions and quality services, it is the base of a long-term commitment.
Integrity, trust and responsibility are the indispensable elements to establish close and durables labor relations.!

Initial Coin Offerings, Information Disclosure, and Fraud

OBLB categories

OBLB Types

Lars Hornuf

Professor of business administration, financial services and financial technology at the University of Bremen.

Theresa Kück

Research Assistant and PhD student at the University of Bremen.

Armin Schwienbacher

Professor in entrepreneurial finance and fintech at SKEMA Business School.

More from

OBLB Keywords

Since the advent of Bitcoin in 2008, which until today remains the most widely used digital currency worldwide, digital currencies have gained in popularity. More recently, tokens based on different blockchains have been created to raise funds from a large crowd of people for the development of a project or firm. At the same time, concerns about fraud have arisen, claiming that many of these Initial Coin Offerings (‘ICOs’) are scams. We investigate whether information provided prior to the ICO gives hints as to the risk of fraud, and document the severity of the phenomenon.

Similar to an initial public offering of corporate securities where a prospectus is published before the securities issuance, firms planning an ICO draft a whitepaper, which in the past was not formally approved by financial markets authorities. In our study, we collect detailed information from the whitepapers for a sample of 1,393 ICOs that took place worldwide from September 2020 to July 2020. We coded the whitepapers along various dimensions in terms of type and extent of information provided to investors. Regulators and professionals have been arguing that different indicators, so-called ‘red flags’, may hint that an ICO could be a fraud. These include, for example, whether there is a soft cap during the ICO, whether sufficient information is available on the founders or how the funds will be spent. We construct measures for a large range of these red flags to study their predictive power.

Next, we run a rigorous search of fraud cases that were reported in the media. A thorough search is done for every ICO in our sample. Identifying fraud cases with certainty is not always possible, because of the short time that has elapsed since the ICOs took place and the rare incidence of final judicial decisions. Also, the public often uses the term ‘scam’ to simply refer to the fact that projects are bad. However, the mere fact that a project has bad business prospects does not make it a scam. We treat fraud as involving some form of intent to deceive investors, whether on the part of the issuer or some outsiders. This is particularly difficult to prove, so our focus is on both suspected and confirmed fraud.

We were able to classify fraudulent behavior into seven categories as shown in Table 1. Some fraud cases fall into more than one category. Fraud can originate from corporate outsiders or the issuer itself. Most often, fraudsters deceive investors of ICOs through phishing attacks, in which case external fraudsters or the issuer itself unduly gets hold of the investments. Frequently, the issuer also simply disappears after receiving the funds, which has often been referred to as ‘exit fraud’. In total, we could identify 274 fraud cases within the 1,393 ICOs studied; 188 suspected and 175 confirmed fraud cases.

TABLE 1: Distribution of Fraud Cases Identified (N = 1,393)

Multiple fraud types are possible for an ICO. For precise definitions of each type of fraud, please refer to the full paper.

No. Suspected Cases

No. Confirmed Cases

Percentage of sample

Two important factors however relate to fraudulent cases. The first is the amount raised, as ICOs that eventually are found to be fraudulent raise on average almost four times more money. While the causal relation is unclear, one possible reason for this positive connection is that the incentives to engage in fraud are greater the more money is raised. Corporate outsiders and insiders may then be more tempted to defraud. In economic terms, a one-standard deviation increase in the amount raised is associated with an increase in the fraud probability of 38%.

The second factor predicting fraud is whether the code of the venture was disclosed on GitHub, a platform where startups can post their code in order for others to verify the lack of errors. Disclosing the code on GitHub is generally viewed as a sign of trustworthiness and transparency and thus helpful to raise more money. However, we document that this form of disclosure increases the likelihood of phishing by 7%, thereby also generating risks for investors and the startup. This result is new in the literature and of great importance for the tech community.

Our findings raise important questions about how to reduce the risks of fraud in ICOs in the future as the market continues to develop. Note that ICOs share many similarities with equity and reward-based crowdfunding. This implies that the experience gained by national regulators in the crowdfunding domain—especially regarding equity crowdfunding—as well as the knowledge obtained by market participants may be useful for the discussion on whether and how to regulate ICOs. The creation of professional platforms where ICO issues could take place, similar to equity crowdfunding campaigns that are frequently run on specialized platforms —some countries even require by law that such a platform be used— may facilitate the implementation of both formal regulation and self-regulation. These platforms may even be existing equity crowdfunding platforms expanded to integrate ICOs, just as they have done for other asset classes such as real estate crowdfunding, fixed income products, and secondary markets.

In fact, combining crowdfunding and ICOs may be optimal to overcome the current inefficiencies of crowdfunding and the shortcomings of ICOs. Specialized platforms might be in a comparatively better position to run background checks and analyze the truthfulness of the information in the whitepapers, because unlike one-time investors and issuers, platforms can specialize in conducting such due diligence. Moreover, platforms could use small business credit scoring, a technology that has been used by financial institutions to evaluate applicants for small loans that involves analyzing data about the owner of the firm and the limited data about the firm itself. Using such platforms might not only reduce the likelihood of fraud, but also decrease the costs of capital.

Lars Hornuf is Professor of business administration, financial services and financial technology at the University of Bremen.

Theresa Kück is a Research Assistant and PhD student at the University of Bremen.

Armin Schwienbacher is Professor in entrepreneurial finance and fintech at SKEMA Business School.

MarketsandMarkets

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The analyst working with MarketsandMarkets come from the renowned publishing houses and market research firms globally adding their expertise and domain understanding. They get the facts from over 22,000 news and information sources, a database of hundred thousands of key industry participants and draw on our relationship with more than 900 market research companies globally.

The success of MarketsandMarkets clients speaks for their success. In course of their ongoing relationship with research partners for over a period of three years, their clients have discovered that MarketsandMarkets can not only head-start any given research project immediately but also execute it in a stipulated time frame. They always prioritize their commitments of confidentiality. The fact that a high percentage of thier business comes from client referrals bears ample testimony to the quality of our market research reports.

What makes MarketsandMarkets reports unique?

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  • Their deliverables focuses on segments viz products, services, applications, ingredients, technology, and stakeholders in a single report for all the four geographies – US, Europe, APAC, ROW.
  • 15 pages of high level analysis including benchmarking strategies, best practices and growth quadrants. MarketsandMarkets conduct detailed analysis of market positioning, product positioning and competitive positioning. Entry strategies, gaps and opportunities are identified for all the stakeholders.
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Key questions answered:

  • Which are the high-growth segments/cash cows and how is the market segmented in terms of applications, products, services, ingredients, technologies, stakeholders?
  • What are market estimates and forecasts; which markets are doing well and which are not?
  • Where are the gaps and opportunities; what is driving the market?
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  • How is the competitive outlook; who are the main players in each of the segments; what are the key selling products; what are their strategic directives, operational strengths and product pipelines?
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Validation procedure:

  • The total market estimates are verified by calculating the market penetration factor for the parent markets.
  • Primary interviews with key industry people are used to verify the market penetration factor; and all the assumptions in estimating the market size for the base and forecast years.
  • The top down approach is used to validate the numbers considering the market share and revenues of the top players mainly for the non-fragmented market.
  • The bottom up approach – Value x volume formula – is used to estimate the units for equipment, procedures, surgeries, etc.
  • A holistic verification of market size is conducted by determining the total average spending and target population, or the user of the product or service in question.
  • All of the 80-100 market data summary tables are integrated. My multiple-level market breakdown gives me more than 30 check points to verify our estimates. In addition these check points also validate the sub-sub market numbers.

MarketsandMarkets tracks more than ten industries including

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