The new logistics and supply chain entity will initially be present in 18 countries
The Investment Corporation of Dubai, the principal investment arm of the Government of Dubai, has announced the launch of ISS Global Forwarding, a wholly-owned subsidiary focused on supply chain logistics.
The establishment of ISS Global Forwarding is the result of a strategic directive by the Government of Dubai to separate Inchcape Shipping Services Holding Ltd into two stand-alone companies with the aim of optimising the growth potential, customer focus and core competencies of each in marine services and supply chain logistics.
Headquartered in Dubai and operating out of the Dubai Airport Free Zone, 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 and 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 multi-modal, end-to-end supply chain solutions.
Strong professional credentials
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” noted 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,” observed HE Mohammed Ibrahim Al Shaibani, CEO & Executive Director, the Investment Corporation of Dubai.
