Inchcape Shipping Services
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Inchcape Shipping Services (ISS) is the world's largest independent marine services provider managing over 60,000 port calls each year through a network of over 260 offices in 65 countries. ISS divides its activities into four business streams: Marine Services; Cargo Services; Government Services; ERP Services.
[edit] History
Inchcape Shipping Services was established in 1993 to manage the global shipping operations of Inchcape plc. The primary task was to transform what was then a loose federation of ship agents into an integrated international network with defined and common service standards worldwide.
In 1999, in a move to focus on its burgeoning motor trade, the Inchcape Group divested ISS which was purchased by Electra investment Trust plc, a British investment group. Electra fostered the strategic goals of ISS providing finance for acquisitions and technology advances, which enabled ISS to further develop its role as the world’s leading ship agency.
In January 2006 Electra sold ISS to Istithmar PJSC, a major investment house based in Dubai (United Arab Emirates) focusing on private equity, real estate and other alternative investments.
In May 2010 ISS acquired Global Marine Travel (GMT), a specialist travel agency and related service provider to the marine, offshore and yachting industries.
