THE Investment Corporation of Dubai, the main investment arm of the government of Dubai, has launched ISS Global Forwarding, a wholly-owned subsidiary located within the Dubai airport free zone that focuses on global freight forwarding, contract logistics and projects / oil & gas.
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 standalone companies with the aim of optimising the growth potential, customer focus and core competencies of each, being marine services and supply chain logistics.
ISS Global Forwarding will initially be present in 18 countries across the Middle East, Africa, Europe, India and Turkey as the company expands into 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.
'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 Investment Corporation of Dubai CEO Mohammed Ibrahim Al Shaibani.
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 standalone companies with the aim of optimising the growth potential, customer focus and core competencies of each, being marine services and supply chain logistics.
ISS Global Forwarding will initially be present in 18 countries across the Middle East, Africa, Europe, India and Turkey as the company expands into 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.
'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 Investment Corporation of Dubai CEO Mohammed Ibrahim Al Shaibani.