UK-based Inchcape Shipping Services and Sri Lanka’s John Keells Holdings have signed a joint venture agreement to form a new company called Inchcape Mackinnon Mackenzie Shipping (Private) Limited which will provide a wide range of maritime services in Sri Lanka. These include port agency, ship husbandry, crew logistics, ship chandelling, bunker fuel supply, liner agency, marine survey and inspection and logistics services.
With 240 offices in 60 countries, employing over 2,500 staff, Inchcape is one of the largest maritime service providers in the world, while John Keells Holdings (JKH) is Sri Lanka’s largest listed company on the Colombo Stock Exchange, operating over 70 companies in different industry sectors. JKH ports and shipping businesses include South Asia Gateway Terminals, Lanka Marine Services and Mackinnon Mackenzie and Company (Shipping) Limited.
Zafir Hashim, the Head of the Transportation Sector of John Keells Group, said, “Given the global presence of Inchcape and the local presence of JKH, we are sure we can provide an exceptional service to both international and local clients.”
Inchcape believes it is “long overdue” that it has a presence in Sri Lanka. According to Matthew Paice, Vice President. Marine Services, Middle East, South Asia and Africa, “This new venture will allow us to offer an improved and expanded offering to customers in this growing and important market. We could not have a better partner to take this next step than John Keells Group and Mackinnon Mackenzie Shipping.”