Dubai forms ISS Global Forwarding as dedicated supply chain arm

Dubai government investment arm Investment Corporation of Dubai has launched supply chain logistics-focussed unit ISS Global Forwarding, as part of a strategic directive by the government to separate Inchcape Shipping Services Holding, into two standalone companies.

The move is aimed at optimising the growth potential, customer focus and core competencies of each in marine services and supply chain logistics respectively. Headquartered in Dubai and operating out of the Dubai Airport Free Zone, strategically located in the heart of Dubai adjacent to Dubai Airport, ISS Global Forwarding will focus on core activities of Global Freight Forwarding, Contract Logistics and Projects/Oil & Gas.

ISS Global Forwarding will initially be present in 18 countries across the Middle East, Africa, Europe, India and Turkey. As part of its ambitious growth strategy, the company will expand its footprint to Asia Pacific, mainland China and Singapore. In addition, ISS Global Forwarding benefits from a global network thanks to partnerships with global operators, thereby providing its customers with multimodal, end-to-end supply chain solutions.

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ISS Global Forwarding will be led by industry veteran Enver Moretti and a highly experienced senior management team. "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" said Moretti.

"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" said Mohammed Ibrahim Al Shaibani, ceo and executive director of the Investment Corporation of Dubai.

Posted 04 September 2018

© Copyright 2018 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Vincent Wee

Asia Editor, Seatrade Maritime News

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