ISS targets maritime advisory services

Maritime services company says move is first of a new pipeline of products and services.

Inchcape Shipping Services (ISS) is expanding its maritime service portfolio with a move into the maritime advisory sector.

“Providing independent advisory services is a natural extension of our core offering and what is in essence the role of a maritime service agent,” said ISS chief executive Chris Whiteside.

“This will introduce new customer segments to the group and expand our range of services to existing customers.”

The UK-headquartered maritime services company says it has already recruited staff from the ‘Big Four’ advisory firms for the new venture.

“The new maritime advisory team offers experience and expertise across all maritime sectors from containers, bulk, tankers and passenger shipping, matched to capability across transportation infrastructure including ports, rail, road and aviation,” ISS said in a statement.

Commented ISS chief innovation officer Bryan Phillips: “This is the first of an exciting new pipeline of products and services we are releasing which expands on our existing platform offerings.”

ISS says services available from the marine advisory team will include M&A transaction services, market studies, forecasting, financial modelling and strategic assignments. 

“These services will be supported by unrivalled information and insights from the global ISS network of over 300 offices across 70 countries,” it added.