The specialist yacht crew travel company Global Marine Travel has sold out to Inchcape Shipping Services with Tim Davey, current President of GMT retaining a minority stake in the business and becoming head of what will be called ISS GMT as it moves forward.
GMT became specialist in crew travel as an agency and provided related service provider to the marine, offshore and yachting industries from its head office in Fort Lauderdale, Florida.
Tim Davey, founder and President of GMT, says: “This new relationship strengthens our ability to buy into volume-based air, car and hotel contracts and will benefit our existing customers in both the commercial marine/offshore and private yachting sectors,”
Jon Corner, Executive Vice President Group Commercial for ISS, says: “We have been looking to enter the marine travel business for some time and see the acquisition of GMT as an ideal way to move into the sector.”