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Inchcape seals ShipNet acquisition

INCHCAPE Shipping Services has closed a deal to purchase maritime software company ShipNet for an undisclosed price, its second acquisition this week following its takeover of Oceania Maritime Services. “Inchcape’s acquisition of ShipNet fits neatly into our plans for developing further useful and cost-effective products and services for our clients across the shipping industry,”‛ said chief executive Claus Hyldager.“With ShipNet we shall not only enhance our own information technology capabilities offered to our existing clients, but also broaden our customer base into that of ShipNet,” he said.Inchcape offers its own Your ISS product to principals and the ShipNet purchase will mean that product can be developed further, according to an Inchcape spokesman.  At the same time ShipNet will benefit from Inchcape’s customer base and resources, he added.“ShipNet has a well-established clientele of blue chip customers, many of whom

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