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Inchcape owner sets up standalone forwarder

[ September 3, 2018   //   ]

The Investment Corporation of Dubai has launched ISS Global Forwarding as a separate company from Inchcape Shipping Services.

The investment arm of the emirate’s government said creating two standalone companies would optimise growth potential, customer focus and core competencies in supply chain logistics and marine services, respectively.

Headquartered in Dubai and operating out of the Dubai Airport Free Zone, ISS Global Forwarding will focus on global freight forwarding, contract logistics and projects, including oil & gas.

ISS Global Forwarding will initially be present in 18 countries but will expand its footprint to Asia Pacific, mainland China and Singapore. It already has partnerships with global operators.

ISS Global Forwarding will be led by Enver Moretti who said: “We are establishing ourselves as a regional powerhouse and our aspiration is to be recognised within the supply chain logistics industry as a customer centric organisation”

Chief executive and executive director of the Investment Corporation of Dubai, Mohammed Ibrahim Al Shaibani, added: “We are confident in the future global growth opportunities presented by the supply chain logistics industry. We see particular value at this time in the long-term growth opportunities afforded within the emerging markets region where ISS Global Forwarding enjoys a strong presence.”

 

 

 

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