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Sri Lanka: Inchcape Shipping services and John Keels Holdings form joint venture company

06 Jul 2021

England-registered Inchcape Shipping Services and Sri Lanka registered John Keells Holdings PLC on Monday (5 July) entered into a joint agreement to form Inchcape Mackinnon Mackenzie Shipping (Private) Limited.

The new company provides a diverse range of maritime services in Sri Lanka which includes bunker fuel supply arrangement, Port Agency, Husbandry, Crew logistics services, Ship chandelling, amongst other functions.

JKH ports and shipping businesses comprise Sri Lanka’s first private sector terminal operator – South Asia Gateway Terminals in consortium with A.P. Moller terminals, Lanka Marine Services – the primary supplier of marine bunker fuels and lubricants in Sri Lanka and Mackinnon Mackenzie and Company (Shipping) Limited, which is widely known and respected by both Sri Lankan and overseas shipping communities.

“We are excited about the new joint venture between Inchcape and JKH,” said Zafir Hashim, the Sector head of the transportation sector of John Keells group. 

“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. 

“With Sri Lanka’s strategic location in the global maritime route, the services offered through this joint venture will certainly attract a multitude of new clients to call at the shores of Sri Lanka for ship related services.”

Matthew Paice, Vice President Marine Services for Middle East, South Asia and Africa of Inchcape, said it is long overdue that Inchcape have a presence in Sri Lanka. 

“This new venture will allow Inchcape to offer an improved and expanded offering to its 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,” he states.

 

Photo credit: Jalitha Hewage on Unsplash
Published: 6 July, 2021

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