UK-based private equity company Epiris has signed an agreement to take over port agency and marine services provider Inchcape Shipping Services (ISS) from Dubai-based investment firm Istithmar.
The financial terms of the deal were not revealed.
With a global network covering 85% of the world’s ports, ISS offers maritime services to ship owners, operators and charterers.
ISS CEO Frank Olsen said: “Epiris is making a transformative investment that will enable us to build on our already successful...
https://www.ship-technology.com/news/epiris-to-take-over-maritime-services-provider-iss/