The Investment Corporation of Dubai has established 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 into two standalone companies.
Headquartered in Dubai and operating out of the Dubai Airport Free Zone, ISS Global Forwarding will focus on global freight forwarding, contract logistics as well as projects and oil and gas services.
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.
ISS Global Forwarding will be led by industry veteran Enver Moretti. ”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.