Inchcape Shipping Services, the global leader in port agency and marine services, has announced the acquisition of V.Ship’s global port agency business. In a reciprocal agreement V. Group has acquired Inchcape’s Global Marine Travel.
The acquisition of V.Ships Agency business establishes a partnership between the world’s largest ship manager and the world’s leading port agent. Inchcape will offer a full scope of agency services to V.Ships Agency’s customers across its unparalleled global network.
“I’m delighted with our acquisition of V.Ships Agency business. This deal enables us to drive value for our customers by working in partnership with V.Group, delivering enhanced service across our global network. Compliance, scale and transparency are at the heart of this partnership and will continue to be fundamental to our business and our customers.”- Frank Olsen, CEO – Inchcape Shipping Services.
“V.Group believes that customers understand the benefit of scale and focus in the maritime services business and we’re thrilled that V.Ships Agency is going to be a key partner in delivering Inchcape’s vision of a smoother, smarter ocean.” - Elliot Gow, Group Managing Director, Marine Services, at V Group.
Source: Inchcape Shipping Services