Inchcape News

Inchcape Shipping Services announced the launch of its new Non-Vessel Operating Common Carrier (NVOCC) service in the United States. The launch follows the company's receipt of an Ocean Transportation Intermediary (OTI) license from the Federal Maritime Commission (FMC), authorizing Inchcape Shipping Services to operate as a licensed NVOCC for cargo moving to and from the US. The new service marks an expansion of Inchcape Shipping Services' capabilities, allowing the company to act as a contractual carrier on behalf of its customers.

Inchcape Shipping Services has opened a new office in Brunei Darussalam, expanding its presence in Southeast Asia and targeting offshore, naval and logistics operations in the country.The company said the Brunei office will initially focus on offshore services, oil and gas tanker operations, navy-related activities and integrated logistics support services.Inchcape said it has also been appointed as the authorized ship-to-ship agency in Brunei by MPABD.The company said the office…

Inchcape Shipping Services, a leader in port agency and maritime services, has announced the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices—Seoul, Busan, and now Geoje, covering 23 ports nationwide.Geoje is a strategic hub for global shipbuilding and offshore projects, playing a critical role in the construction of LNG carriers, container vessels, naval ships, and offshore platforms. The city is central to international shipping and energy sectors…

Subsea Global Solutions, a global provider of underwater repair, maintenance, and marine services, has announced the appointment of Harun Duzgoren as Chief Executive Officer, effective immediately. Duzgoren returns to Subsea Global following a successful tenure as Regional CEO for the Americas at Inchcape Shipping Services (ISS).With more than 25 years of international leadership experience across the global marine services industry, including executive roles with six different private equity sponsors…

Grieg Logistics, which Inchcape Shipping Services acquired in June 2024, will officially change its name to Inchcape Shipping Services today, May 19, 2025. This rebranding marks Grieg Logistics' full integration into the Inchcape family.This transition will preserve Grieg Logistics’ best aspects and enhance them with Inchcape's global network, local experience, investments in technology, and service portfolio. Customers can expect the same attention and expertise, now backed by Inchcape's resources and worldwide reach.Coverage includes offices in Tønsberg…

Inchcape Shipping Services (ISS) and Symmetry Group Inc. (SGI) have announced a strategic joint venture in Guyana, marking a significant milestone in the maritime and logistics sectors. This partnership aligns with Guyana's Local Content requirements, combining the strengths of both companies to offer an integrated suite of services tailored to the needs of the country's burgeoning oil and gas industry.Symmetry Group Inc. has acquired a 51% majority stake in ISS Guyana, combining SGI's local expertise with ISS's global reach and capabilities.

Port agency and marine services company Inchcape Shipping Services on Monday announced it has acquired Grieg Logistics AS from the Grieg Group, strengthening its presence in the NordicsUnder the new ownership, Grieg Logistics will continue to operate under the same name for a period and existing management headed by CEO Stig Trygve Andersen.Grieg Logistics operates terminals at Tønsberg, Mosjøen and Skålevik, and it has offices in Tønsberg, Larvik, Bergen, Mongstad, Kristiansund and Mosjøen, offering ship agency services all along the Norwegian coastline, mainly with its own staff.

A vessel carrying wheat that ran aground near the main channel of South America's Parana River has been freed but the waterway remains closed while checks are being made, the Argentine Naval Prefecture said on Tuesday.The vessel ran aground on Feb.17 and "was heading outbound in laden condition, navigating with a draft of 10.23 meters and carrying 31,121 metric tons of wheat," Inchcape Shipping said in a notice.The Parana River runs through Brazil, Paraguay, and Argentina.

Ambrey and Inchcape Shipping Services (ISS) announced a strategic partnership aimed at transforming safety and security in the maritime sector.Through this partnership, Ambrey and Inchcape will jointly offer a comprehensive range of services via Inchcape's Survey & Inspection Department, led by Vice President Chris Greenwood, including Citadel Inspections, Ship Security Assessments, Anti-Piracy Ship Security Assessments, Ship Security Plan Reviews, and Port Security Assessments on various projects worldwide.In turn…

Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data.Russia has become more dependent on trade through the Suez Canal and the Red Sea since it invaded Ukraine, which led to Europe imposing sanctions on Russian imports and forced Moscow to export most of its crude to China and India. Before the war, Russia exported…

Port agency and marine services company Inchcape Shipping Services (ISS) announced the appointment of Svend Stenberg Mølholt as Chief Commercial Officer, effective January 9, 2024.Svend has been in the shipping industry for 20 years, most recently serving as the Group COO in Monjasa Holding, a global fuel and shipping company. While serving as the Group COO, Svend also held the position of Chairman of the Board at RelateIT, one of Denmark’s largest NAV/Business Central partners.

Inchcape Shipping Services has taken a major share of Leth Suez Transit Ltd AS (LETH). Under the new ownership structure, Otto Jervell, the CEO of LETH, will continue to helm the company as a part-owner.LETH, with its heritage starting in 1924 as a bunker supplier in Egypt, has grown into a globally recognized top transit agent. The company currently handles more than 200 transits per month in the Suez Canal.While the Suez Canal remains at the core of LETH, the company's expertise and solution-oriented approach have expanded to cover other vital transit locations, including the Panama Canal, the Turkish and Danish Straits, and key bunkering locations such as Singapore and Gibraltar.

Inchcape Shipping Services has acquired McKay Shipping Limited's share of ISS-McKay Limited, giving it full full ownership ownership of the joint venture that was set up in 2008to conduct core port agency business in New Zealand.ISS-McKay provides full coverage to the North and South Island of New Zealand through its network of eight port offices and 41 local staff, with market shares in cruise, dry bulk, tanker, liner and ship manager markets.As part of the joint venture, Inchcape Shipping Services established itself as the majority shareholder…

Port agency and marine services company Inchcape Shipping Services (ISS) announced it has appointed Harun Duzgoren as the regional chief executive officer for the Americas, effective September 1, 2023.Duzgoren brings to the role 23 years of managerial experience in the global marine services industry. Prior to joining ISS, he served as the chief commercial officer of Subsea Global Solutions. Before that, he spent 16 years at V.Group, where he held various senior international positions.

Port agency and marine services provider Inchcape Shipping Services announced it has appointed Anna Evangelidis as its new Chief Operating Officer, effective June 6, 2023.Evangelidis brings with her a wealth of experience, having previously worked at BP, Saipem and LR (Lloyds Register), where she held various positions as a naval architect, pipeline engineer, procurement, and other operational leadership roles. Evangelidis secured an honors degree in Ship Science from Southampton University. In her new role, Evangelidis will be responsible for three major areas of our company.

Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1, 2022. Maezelle is an international business leader with strong executive transformation experience across the professional services industries. His previous experience includes CEO of Alfred H Knight, Executive Member at International SOS and DHL.Olsen…

Having recently reopened its Guam office after a three-year hiatus using a partner agent, Inchcape Shipping Services resumed direct control over all operational matters on the Pacific island.Inchcape had a permanent presence in Guam since the 1990s but opted to close its office on the Pacific island in 2018. “Given the volume of business in Guam at that time, it made better financial sense to use a partner agent instead. However, the uptick in volumes after the pandemic justified the move to reopen.

Hege Solstad has joined port agency and marine services provider Inchcape Shipping Services as Vice President Commercial for the Europe Region.Solstad was most recently with the Liberian Registry and previously with Wilhelmsen Ships Service in Asia and Europe.Christopher Crookall , Inchcape Shipping Services Chief Commercial Officer, said, “We are delighted to announce that Hege Solstad joins Inchcape as Vice President Commercial for the Europe Region. Hege will be based in Oslo…

Oceaneering International launched a new business aiming to eliminate waste and increase transparency within the bulk commodity cargo logistics industry, the Houston-based company announced Wednesday.OceanSMART Cargo Logistics and Maritime Technology will be led by Managing Director Bryan Phillips, who comes to the team with over 25 years’ experience in the marine shipping and cargo logistics industry, most recently as chief innovation officer at Inchcape Shipping Services. He is joined by another maritime industry stalwart with over 30 years’ experience…

Inchcape Shipping Services (ISS) CEO Frank Olsen opens up on the challenges of COVID-19, the benefits of a global network, and a fundamental shift in the established ships agency marketplace. Change, he says, is coming.“I haven’t spent this much time in Norway, without international travel, since I was at school,” laughs ISS CEO Frank Olsen over a call on Microsoft Teams.With a career that’s taken in seven years at sea, mostly on RoRos with Wallenius Wilhelmsen, living in Costa Rica (where he briefly captained a dive vessel)…

"Just-In-Time" (JIT) operations have the potential to cut the time ships spend idling outside ports and help reduce harmful emissions as well as save on fuel costs.According to International Maritime Organization (IMO), this can be achieved by communicating in advance the relevant information to the ship about the requested time of arrival - allowing the ship to adjust to optimum speed. A desktop trial in Just-In-Time ship operations has yielded positive results, showing emissions can be cut considerably.The trial was conducted by members of the IMO-led Global Industry Alliance to Support Low Carbon Shipping (GIA), at the Port of Rotterdam (10 July).Technical adviser Astrid Dispert said…

U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S. Navy under contracts for ship husbanding services, the U.S. Department of Justice announced.Inchcape provided goods and services, including food and other subsistence items, waste removal, telephone services, ship-to-shore transportation, force protection services and local transportation…

With a belief that innovation in shipping has fallen well behind other sectors, new entrant into the maritime industry Nisomar has launched a range of services for ship owners, operators, brokers, charterers and financial institutions. Nisomar said it has pioneered a method of collecting global shipping data and created proprietary technology, based upon technology that generates highly accurate business-critical data. The firm will derive insights from big data to offer analytics that support business decisions…