Newsflash Asia – Breaking Stories, Smarter and Faster

MOL invests in automated logistics facility in Singapore

Mitsui O.S.K. Lines (MOL) has announced its investment in the development of an automated logistics facility in Singapore, named OMEGA 1 Singapore. This initiative is part of MOL’s involvement in the CapitaLand SEA Logistics Fund (CSLF), managed by CapitaLand Investment. The facility, located in the Jurong Industrial Estate, is set to feature cutting-edge technologies such as robotics and automated storage systems, aiming to revolutionise traditional logistics operations.

The OMEGA 1 Singapore facility will incorporate environmentally friendly design features and aims to achieve the Green Mark GoldPlus certification, recognising its commitment to sustainability. Strategically positioned with access to major expressways and close proximity to key ports, the facility is expected to enhance domestic logistics efficiency and support regional trade integration.

Upon completion in 2028, the facility will be fully leased to Ally Logistic Property, a leader in smart logistics infrastructure. The project aligns with MOL’s BLUE ACTION 2035 management plan, which focuses on expanding its logistics and industrial business to ensure stable profitability.

The facility will span approximately 71,000 square metres and include a five-storey warehouse with advanced automated systems. The estimated project cost is S$260m. MOL’s investment reflects its strategy to diversify and strengthen its business portfolio, particularly in the logistics infrastructure sector, as part of its regional strategy for Southeast Asia and Oceania.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.