Inchcape to Pay $20 Million to Settle Claims it Overbilled U.S. Navy

WASHINGTON, May 29 (Reuters) - A British-based maritime services company has agreed to pay $20 million to resolve allegations it overbilled the U.S. Navy for goods and services provided to American warships at ports around the world, the U.S. Justice Department said on Tuesday. Privately held Inchcape Shipping Services Holdings Ltd and some of its subsidiaries provided U.S. … [Read more...]

Inchcape Responds to U.S. Navy Contracting Ban

In a statement late yesterday, the U.S. Navy announced a ban had been placed on Inchcape Shipping Services (ISS) that suspends them from contracting with the Federal government, to include entering into any new contracts, and exercising options under existing contracts. ┬áThe decision was based upon "evidence of conduct indicating questionable business integrity affecting … [Read more...]

Inchcape Shipping Services Barred From All U.S. Navy Contracts

In the wake of the Glenn Defense Marine Asia (GDMA) scandal which has rocked the U.S. Navy contracting world and seen the arrest of two U.S. Navy officers, a Naval Criminal Investigator, and the CEO of GDMA, Leonard Francis, the U.S. Navy's Chief Public Affairs Officer has announced another scandal late Friday involving global marine services provider Inchcape Shipping Services … [Read more...]