ISS Launches Operations in Saudi Arabia

press release
Wednesday, February 22, 2012

Joint venture with Al Bakri Group set to create leading maritime and cargo services business in the region.


Inchcape Shipping Services (ISS), the world’s leading maritime services provider, today announced the launch of new operations in the Kingdom of Saudi Arabia.  The move provides ISS with a significant presence in one of the largest industrial and project-orientated economies within the Middle East.


In creating the new entity, ISS has signed a joint venture agreement (JV) with Al Bakri Group, one of Saudi Arabia’s leading and most respected organisations.  The JV, known as ISS Saudi Arabia will provide customers with marine, cargo and government services as well as survey and liner agency; all specifically tailored to meet the precise needs of each customer’s business.  ISS Saudi Arabia will also operate launch services off Rastanura.  All services are available to customers 24/7, and are supported by ISS’s global network, systems, infrastructure and standard operating procedures.
 
 

Headquartered in Jeddah, where the country management team is based, ISS Saudi Arabia also has offices in Yanbu, Rabigh, Jubail, Rastanura, Ras Al Khafji and Dammam.  Mr. Rohan D’Souza, who has over 15 year’s port agency experience, has been appointed as ISS Saudi Arabia Port Manager. D’Souza has been transferred from ISS Qatar, where he was the Marine and Government Services Operations Manager for several years. During this time he developed strong partnerships with ISS customers providing cutting-edge solutions to drive efficiencies within their operations.   Based in Jeddah, D’Souza will be responsible for operational delivery and ensuring a consistently high level of service for customers within the region.  
 
 

Commenting on the launch, Flemming Jensen, Senior Regional Vice President for Middle East and India said: “The launch of our new operations in Saudi Arabia represents the commitment we have to our customers in providing them with state-of-the-art services in a vitally important region for global trade. 
 

Saudi Arabia is the largest economy in the Middle East and has significantly boosted its foreign reserves over the past years, which were projected to reach 1.65 trillion riyals ($440bn) by the end of 2011 according to the Central Bank. Under its budget unveiled in 2011, Saudi Arabia plans to spend $160bn on domestic projects by the end of 2012. The country has also pledged to spend $400bn by the end of 2013 to upgrade its infrastructure, including the establishment of five major economic and industrial cities.
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Matson Announces Quarterly Dividend

Matson, Inc. declared a first quarter dividend of $0.17 per common share, the company’s board of directors announced. The dividend will be paid on March 5, 2015

Hogan Named VP at Newport News Shipbuilding

Rob Hogan has been appointed vice president of manufacturing at the Newport News Shipbuilding division of Huntington Ingalls Industries (HII), the company announced.

Kongsberg Expands Louisiana Office, Training Facility

Kongsberg Maritime has purchased approximately 5.2 acres for new construction on an 82,980 sq ft office and training facility. Construction on the James Business

Ports

China Watching Greece After Port Sale Shelved

China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port,

Greece's New Shipping Minister Stalls Port Privatization

Thodoris Dritsas is taken charge as Greece's new shipping minister following the electoral victory of the country's left-wing party Syriza. Among the first decision

Fender Repairs Works for Dolphins at Hong Kong

For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter. The

Logistics

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

China Watching Greece After Port Sale Shelved

China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port,

Shell Eyes Arctic Drilling this Summer

Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high.

Consulting

AAL Launches New Operation in Japan

AAL has announced the launch of a new operation in Japan AAL said the move aims to provide services and on-ground operational support directly to customers in the country,

ClassNK Releases Improved "e-Application"

ClassNK announced the release of an improved "e-Application" system. This improvement was planned based on requests from the users. Therefore, firstly we would

Launch of Asian Marine Casualty Forum

The Crisis in Global Maritime Casualty Response – Now Is the Time To Act – An industry Forum Designed to Promote Change An industry forum aimed at producing

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1886 sec (5 req/sec)