Overview
Higher demand for warehouse space, fueled by growth in the e-commerce industry
In 2021, the Singapore e-commerce market was valued at USD 5.9 billion, and it is forecast to rise to USD 10 billion by 2026. The city state has more than 3 million e-commerce users. This growth has led to the establishment of a number of e-commerce fulfilment centres to support the need for warehousing and fulfilment among the growing number of e-commerce entrepreneurs and businesses.
Additionally, the rise of cross-border trade and technology has strengthened Singapore’s position as a global logistics and supply chain management hub. Singapore is recognized as a major logistics centre, owing to its competence and timeliness of services.
Multi-storey warehouses are also being established, offering efficient storage solutions in areas where space is limited. In 2021, GDP of the transportation and storage industry in Singapore amounted to approximately SGD 30.7 billion. Singapore is considered one of the main global trading hubs, due to the quality of its port infrastructure. Its liner shipping connections with other countries have improved continually over time and since 2010, Singapore’s port container throughput has been perpetually increasing, to reach 37.2 million TEUs in 2019, growing by 20% compared to 2016.
Singapore is one of the foremost developed warehousing markets in the world with a steady supply of technologically advanced warehousing space, which currently stands at about 117 million sq ft of total warehouse space. Upon completion of the Next Generation Port 2030, the Singapore Port will be able to process the equivalent of 65 million standard shipping containers, making it the biggest integrated facility in the world.
Government authorities and initiatives support development and innovation
The government understands the significance of involving the private sector in policy making. Port and airport operators were corporatized in 2007 and 1997, respectively, to make sure they remain responsive to the needs of the industry. Increasing private sector competition has encouraged industry players to be commercially nimble, and has helped make Singapore’s logistics sector more efficient.
The government has also attracted investors by ensuring a conducive investment climate and developing the right incentives for private sector participation. As of June 2022, 25 of the world’s global logistics companies manage their global or regional operations from Singapore. Having so many powerful players in the market motivates local companies to follow international standards.
In addition, in the year 2017, Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA) amended the Logistics Industry Digital Plan(IDP). The new Digital Training Roadmap helps logistics small and medium enterprises (SMEs) to identify the training required for their workforce to use new solutions effectively.
Key Trends
Increased urbanisation coupled with smaller living spaces expected to drive demand for self-storage in Singapore
Due to Singapore’s large urban population, space can be significantly hard to come across in urban areas. Singapore’s self-storage market is fairly aggressive, and includes a significant number of global and regional players. These players account for a substantial share in the market and specialise in expanding their consumer base across the globe. They focus on analysis and development activities, strategic alliances and different organic & inorganic growth methods to remain in the market landscape over the long run.
The market is expected to grow at a compound annual growth rate (CAGR) of 9.01% during the forecast period of 2021 to 2026. With the growing popularity of self-storage space among end-users, new entrants in the market are making a visible effort to venture into the industry. As of 2022, there are more than 30 self-storage operators with over 80 facilities in Singapore, a significant rise from an estimated less than ten operators five years ago. Singapore’s self-storage industry has become essential for existing and potential storage industry players with increased supply and the evolving needs of consumers.
COVID-19 and recent global trade tensions lead to higher risk within industry; concentration risk a key concern for companies in recent years
Many firms are diversifying their activities geographically to ensure their supply chains are decentralised in order to make decentralised supply chains to reduce the risks. Singapore is well-poised to function as a regional or international distribution centre for companies, given its extensive trade links, as well as air and sea port connectivity.
In the past, the main focus was on a lean supply chain with cost and process efficiencies. The priority has, however, shifted to putting together resilient supply chains instead. The goal now could be to mitigate the impact of disruptions to supply chains due to events such as pandemics or border closures. As part of its COVID-19 response, in June 2020, Singapore-based self-storage operator StorHub entered into a partnership with GoGoVan, an Asia-based ridesharing service that specialises in transporting goods in urban areas. The strategic alliance can provide StorHub customers with versatile moving and self-storage options, when government lockdown restrictions are in place.
Higher demand for cold storage facilities post-pandemic
Pre-pandemic, the efficient distribution channels that brought food straight from ports of entry to the final customer’s storage facilities reduced the need for cold storage facilities and related infrastructure. The significant energy consumption of cold rooms and the fast devolution of their refrigeration systems conjointly meant that they needed short payback periods.
However, this scenario is changing as cold storage is in demand. The need for buffer inventories uplifted the demand in cold chain storage. With the pandemic, demand for existing cold chain storage stepped up and bigger capability ought to be expected in the future. Most cold rooms are located within Food Zones and together with central kitchens form a synergistic cluster with a future looking brighter than before the pandemic.
Southeast Asia’s population is anticipated to rise from 640 million to 710 million by 2030, while consumer markets and household spending in the region are also expected to grow. As production shifts from China to Southeast Asia, cross-border transport of goods is expected to increase and demand for cross-border trucking anticipated to rise, making way for a cross-border supplying strategy that can expand into new international markets and be profitable.
Key Statistics
- In the third quarter of 2021, the occupancy rate for warehouses in Singapore was at 90.1%. Despite the COVID-19 pandemic, this was the highest rate since Q3 of 2018.
- In 2018, Singapore Customs processed 90% of electronics permit applications within 10 minutes and cleared 90% of physical cargo within 8 minutes.
- Some 600 ports in 123 countries are connected to Singapore by 200 shipping lines.
- The gross merchandise volume of the e-commerce market in ASEAN is expected to reach over USD 150 billion by 2025, which is expected to fuel the demand for value-added services such as analytics, logistics and marketing.
Top Singapore MNCs in Warehousing
OILTANKING SINGAPORE LIMITED
Repeated as per client.
STOLTHAVEN SINGAPORE PTE. LTD.
Incorporated in 2008, Stolthaven Singapore is a subsidiary of the UK-based Stolt-Nielsen. Stolthaven Singapore is a highly automated terminal within the industrial area of Jurong Island, and serves as an industrial terminal for the expanding number of suppliers and manufacturers at this location. The company’s current operations are located in Phase 2D of the 15-hectare site's planned development. Stolthaven Singapore has a storage capacity of 230,700 cubic metres and mainly provides container transportation, storage and distribution solutions for chemicals and other bulk-liquid products. Stolthaven Singapore serves clients worldwide. It has 81 tanks ranging in size from 1,000 to 5,700 cubic metres.
DHL SUPPLY CHAIN SINGAPORE PTE. LTD.
Repeated as per client.
LF LOGISTICS SERVICES PTE. LTD.
Headquartered in Hong Kong, LF Logistics Services is the logistics arm of Li & Fung. Its Singapore branch, LF Logistics Services, was founded in 2000. The firm’s multi-temperature warehousing accommodates ambient, air-conditioned, chilled and frozen storage requirements. LF Logistics Services also offers storage solutions for bonded products, which require payment of customs duty, such as tobacco and wine. The firm’s mega DCs, storing between 40,000 to 150,000 pallets, are designed to suit large volumes of in- and out-bound traffic at high throughput. Its Warehouse Management System captures batch number, lot number, serial number, and manufacturing and expiration dates for every unit it handles.
SUMITOMO WAREHOUSE (SINGAPORE) PTE. LTD.
Sumitomo Warehouse (Singapore) was established in 1988 as a wholly-owned subsidiary of the Japanese firm Sumitomo Warehouse. It offers a wide range of services including cargo storage, distribution centre services, merchandise processing, document storage, and more. The firm handles the valuable property of its customers safely and reliably. It undertakes delivery of documents, magnetic tape, videotape, fixtures, fittings, etc. upon the client’s request. Sumitomo Warehouse (Singapore) independently developed an Internet Trunk Room System to provide inventory management and handle many types of requests over the Internet. Additionally, the firm handles household effects, works of art, valuables, clothing, furs, and more.
DSV SOLUTIONS PTE. LTD.
DSV Solutions was founded in Singapore in 2016. It is a subsidiary of the Danish transport and logistics company DSV A/S which offers global services. The firm provides customs clearance, transport and freight forwarding services. Additionally, its logistics solutions provide warehousing flexibility with industry-specific storage solutions. DSV Solutions offers multiple storage possibilities, such as condition-controlled storage, shelf and bin locations, bulk storage, and conventional rack storage in a variety of location sizes. DSV’s healthcare warehousing solutions are GDP-certified and capable of storing valuable pharmaceutical products in conditions that are safe, secure and fully compliant with all relevant standards, including ISO-90001.
GEBRUDER WEISS PTE. LTD.
Gebruder Weiss is a logistics firm based in Austria. In 2015, the firm expanded its logistics services in Asia with new terminals in Singapore. Gebruder Weiss is a reliable source of value-added services in the area of fulfilment and warehouse logistics. The company offers a full range of order-handling services to its clients. Operations within its well-furnished warehouses are flexible and efficient due to the usage of advanced IT solutions, making it possible for staff members to control the flow of goods and manage over 1.8 million stock orders annually.
VOPAK TERMINALS SINGAPORE PTE LTD
Royal Vopak is an independent tank storage company based in the Netherlands. The firm has been operating a global network of chemical terminals and has had a strong presence in key hub locations, including in Singapore since 1980. Vopak Terminals Singapore consists of a variety of storage terminals to cater to a wide range of liquid bulk products and gasses in order to meet the requirements of its customers. Vopak also undertakes logistics tasks for its clients at neighbouring chemical complexes. Much of Vopak’s business is long term, with contracts for gas lasting 5-20 years. Chemicals and oil are shorter term, with contracts of 0-5 years.
HORIZON SINGAPORE TERMINALS PRIVATE LIMITED
The government of Dubai owns ENOC Group, which is solely responsible for Horizon Terminals Limited (HTL), which is headquartered in the Bahamas. As demand for bulk liquid terminalling increased, ENOC established HTL to streamline its existing terminalling investments and grow the company internationally. Horizon Singapore Terminals caters to the storage, handling and blending requirements of HTL, offering a full spectrum of integrated logistics and supply chain support services. It is designed for multi-berth discharge and loading operations to maximize throughput capacity for its clients. The worldwide pricing system for crude and refined petroleum products in the region is fundamentally dependent on Horizon Singapore Terminals.
SG SAGAWA AMEROID PTE. LTD.
SG Sagawa Ameroid is part of the global network of the Japanese firm SG Holdings. In Singapore, SG Sagawa Ameroid was established in 2017. It offers freight management services, transportation, warehousing and distribution solutions locally, regionally and globally. A one-stop solution can be offered by the company to customers from various bases given its robust operating infrastructure. SG Sagawa Ameroid has modern and secure warehousing facilities with warehouse management systems that are able to accommodate its clients’ B2B and B2C warehousing needs.
Top Singapore Large Local Enterprises in Warehousing
CHEONG FATT HOLDINGS PTE. LTD.
Cheong Fatt Holdings, established in 1980 and headquartered in Singapore, is a wholly-owned subsidiary of CFM Holdings. The firm offers logistics services and warehousing services to its clients throughout the region. The warehousing solutions include customizable store spaces which are in accordance with customers’ requirements, such as the number of shelves, stackable height of at least 5 metres, and more. The warehouses are properly monitored 24 hours, 7 days a week, with CCTV cameras. The storage units have magnetic locks that can be accessed only by authorized personnel through a unique keycard system.
CWT PTE. LIMITED
Incorporated in Singapore in 1970, CWT is a firm that provides logistics services. Its warehouse facilities across the globe serve as regional and local logistics distribution hubs for multiple industries. With a focus on specialized market niches, CWT offers warehousing logistics for a variety of businesses. CWT is a leading developer and owner of multistorey ramp-up warehouse structures. The architecture and specifications of its warehouses have been optimized for both operational and financial effectiveness. Supply chain efficiency, agility and scalability are provided for the top brands in the world by CWT’s flagship integrated warehouse and container depot complex in Singapore.
GENERAL STORAGE COMPANY PTE. LTD.
Headquartered in Singapore, General Storage Company has been offering self-storage and warehouse solutions through its subsidiary Lock+Store, since 2010. Lock+Store has 13 facilities spread across Singapore, all of which are open 24 hours 7 days a week, and are accessed via a unique keycard system that gives company employees and individual users convenient and secure access. Lock+Store is a one-stop self-storage hub offering flexible short- and long-term storage facilities and office space for households, wine collectors and distributors, startups, SMEs and large corporations. It offers storage units in varying sizes, ranging from 10sf to 200sf, to cater to its clients’ individual needs.
WORK PLUS STORE PTE. LTD.
Work Plus Store is a storage space rental that was incorporated in Singapore in 2004. Clients can utilize the firm’s self-storage units for personal or business use with flexible lease terms. These lease terms can be extended for the length of time they need based on their future requirements. The firm allows customers to keep their rental fee lower by making a choice between storage unit rental and valet storage, where the clients have the option of choosing to pay for storage by items or storage by space. Work Plus Store also offers its clients warehouse storage and manpower for their fulfilment process.
LEGEND INTEGRATED LOGISTICS PTE. LTD.
Incorporated in 2008 in Singapore, Legend Integrated Logistics is a one-stop logistics supplier for heavy haulage, bulk fluids, dry goods, perishable goods and oversized cargo. As an asset-based business with a global presence, Legend Integrated Logistics makes investments in its own fleet of specially built vessels, tank containers, dry/reefer containers, and heavy haulage/OOG transport machinery to enhance the services it provides to its clients. The firm offers a comprehensive range of tank container services such as cleaning, storing, handling, testing and repairing of ISO tanks in its depots. Products and services provided by the company are accredited to international standards.
THE SAFE HOUSE SG PTE. LTD.
The Safe House SG was incorporated in Singapore in 2013. The company is ISO 9001-certified with facilities capable of storing 30 tons of gold and platinum and over 600 tons of silver. For clients who desire additional privacy and safety, safe deposit boxes are provided at The Safe House. The Safe House Vault offers comprehensive insurance policies with coverage that includes theft, fire, building collapse, terrorism and sabotage, protection from infidelity, and negligence or mysterious disappearance. It is a one-stop solution for purchasing, selling, testing, storing, and collateralizing precious metals.
SHARIKAT LOGISTICS PTE. LTD.
Incorporated in 1977, Sharikat Logistics is a 3PL and warehouse space solutions provider in Singapore. Sharikat Logistics is ISO certified and offers a competitive advantage for every individual client's business by utilizing appropriate warehouse management and finance systems, MHE, well-equipped facilities and committed staff. Its Logistics Warehouses provide a capacity range of 1800 to 3500 pallet positions. Seafood and meat products that require ultra-low temperatures are stored in freezers with -25 degrees Celsius or -50 degrees Celsius temperatures. Additionally, the firm’s fish and meat processing room, kitchen and packing area are spread across an area of 25,000 square feet.
NCS COLD STORES (S) PTE LTD
NCS Cold Stores (S) is an independent public cold store which was established in Singapore in 1981. It offers comprehensive facilities and services to meet the requirements of its clients. The facilities of NCS are housed in a building with 26 modern cold rooms. It is conveniently located in Jurong's distribution centre for food and marine products, and has storage space for 14,000 pallets. NCS is a member of the International Association of Refrigerated Warehouses (IARW), USA. Along with cold and dry storage facilities, NCS offers integrated facilities including distribution, document clearance, stuffing and unstuffing of FCL/LCL containers, processing, repacking and trucking.
GROCERY LOGISTICS OF SINGAPORE PTE LTD
Incorporated in 1993, Grocery Logistics of Singapore (GLS) is a logistics company focused on the Fast Moving Consumer Goods (FMCG) segment. It is a wholly-owned subsidiary of FairPrice Group Supply Chain, and handles the warehousing and logistics needs of NTUC FairPrice and its subsidiaries. GLS manages warehousing space exceeding 1.2 million sq. ft. throughout the region. It has deployed various automation solutions at its facilities which are customized according to the requirements of clients, and the nature and profile of the products. GLS’ Warehouse Management System is also designed to interface with separate host systems if necessary.
JURONG PORT UNIVERSAL TERMINAL PTE. LTD.
Jurong Port Universal Terminal was founded in 2008. It is one of the most extensive commercial storage facilities worldwide, offering 2.33 million cubic metres (m³) of storage capacity and modern berthing facilities. The terminal's architecture was conceptualized to increase flexibility and efficiency by providing one-stop services for traders' needs in storage, blending and distribution. The terminal's unique advantage is its ability to simultaneously berth two fully laden VLCC jetties for cargo operations. Nine bunker barge berths, each with a flow meter and the potential to load up to 1,000 m3 per hour per hose, are located in the inner basin of the terminal.
Top Singapore SMEs in Warehousing
OHIO EXPRESS INTERNATIONAL PTE. LTD.
Ohio Express International was founded in Singapore in 1978. The firm delivers high-quality service, not just in the area of conventional freight forwarding but in the project and logistics sectors as well. It also has expertise in warehousing and distribution solutions. Ohio Express International’s warehouse facility consists of 1500m2 of available floor space. Additionally, a comprehensive racking system complements its enclosed and air-conditioned warehouse areas – this system is designed as a short-term holding area for Ohio Express International’s export and import air freight shipments. The entire warehouse facility is covered by CCTV and infrared alarm systems.
WHITEBOX PTE. LTD.
Incorporated in Singapore in 2007, Whitebox is a retail logistics specialist that focuses on the retail industry, providing retail and e-commerce logistics solutions for B2B and B2C businesses. The Whitebox warehouses are ISO 9001 and GDPMDS certified. Storage expenses are based on the actual product dimensions and computed to reflect the customer’s usage during off-peak and peak times. Whitebox offers flexible and unique fulfilment processing options tailored to the needs of its clients and the requirements of its business model. The warehouse is well-equipped in handling materials with small parts to bulk products by utilizing the right storage and racking configuration.
HALCON PRIMO LOGISTICS PTE. LTD.
Based in the logistics hub of Singapore since 2003, Halcon Primo Logistics (HPL) offers integrated solutions such as vessel chartering, freight management and distribution, warehouse management and value-added services. HPL's customized and seamless solutions in its rental storage warehouses are ready for clients to utilize, to better consolidate and access their assets and cargo from a global base of operations. The firm’s warehouse management capabilities include Bonded Warehousing under the Zero GST Warehouse Scheme (ZGS) administered by Singapore Customs. The storage warehouses are fully equipped with docking facilities, so clients can safely store bulky heavy machinery.
ASTORE PTE. LTD.
Astore was founded in Singapore in 2014. Its brand, Spaceship, has served more than 10,000 customers for their self-storage, warehouse facility and workspace needs. Spaceship’s Flexible Move-in Ready Warehouse Storage Spaces are fitted out with enclosed storage equipped with heavy-duty shelves, offering caged storage space or enclosed in a private area with shelves providing private storage space. Clients can take advantage of storage spaces for storing home items, offsite-managed warehouse services for e-commerce fulfilment, managed storage and delivery for marketing products, storage space for documents, and more.
CRYSTAL FREIGHT SERVICES PTE LTD
Incorporated in 1982, Crystal Freight Services offers warehousing storage services to a variety of industries in Singapore. The firm’s range of comprehensive services includes stuffing and unstuffing of containers; palletizing, sorting, and order picking; and flexible multi-tenant warehousing. Its continuous improvement processes using cutting-edge technology, integration of Warehouse Management Systems, and performance monitoring help to enhance customer service. Additionally, Crystal Freight Services offers in-house expertise in Electronic Data Interchange (EDI), managing the process directly to ensure that projects are performed efficiently and on time.
JURONG COLD STORE PTE. LTD.
Jurong Cold Store (JCS) was established in Singapore in 1996. By collaborating with reliable partners to provide comprehensive, fully-visible supply chain logistics solutions, JCS is in the business of bringing fresh, high-quality products from the farm to the table. JCS has grown over the years, and has expanded into a 77,000m3 facility for 15,000 pallets. The company offers a fully automated warehouse facility with the cutting-edge automated warehouse management system ASRS, enabling staff to locate and retrieve stock accurately and efficiently. Additionally, it has high-frequency retrieval capabilities to enable just-in-time delivery of requests for smaller quantities of a variety of SKUs.
IHUB SOLUTIONS PTE LTD
Incorporated in Singapore in 2000, iHub Solutions is a logistics technology enabler with expertise in warehouse services. With iHub’s specialized storage solutions, clients may achieve the measurable advantages of the need for less storage space, effective freight management, and improved inventory accuracy. iHub takes into consideration product size, packaging, Unit of Measure, pallet sizes, and delicate handling to avoid damage. In the warehouse, barcodes and QR codes are used to identify every storage location. This translates into quick order picking, speedy replenishments, and pinpoint precision with regard to inventory.
PIL LOGISTICS PTE. LTD.
Established in Singapore in 1995, PIL Logistics focuses on developing and maintaining the regional logistics processes for its clients. Its services include door pick up and delivery, bonded and non-bonded warehousing, dangerous goods and non-dangerous goods warehousing, public warehouse, and container freight stations. Storage methods are customized according to the size and form of the client’s products. Clients are provided value-added services such as labelling, packaging, assembly, sizing, quality check, etc. Clients can keep track of their products in the warehouse through customized reports provided by the staff or access the PIL website for reports or real-time status.
MANDAI LINK LOGISTICS PTE. LTD.
Founded in 2006, Mandai Link Logistics is a company with expertise in cold food storage solutions. The Automated Storage and Retrieval System (ASRS), which provides operational productivity and efficiency, was introduced by this company as the first completely automated cold storage facility in Singapore. These multi-temperature storage facilities include freezer storage with a temperature of -25 degrees Celsius, dry storage space that keeps humidity at bay, chiller storage with temperatures ranging between 2 to 6 degrees Celsius, and air-conditioned storage for goods that can be kept fresh between the temperatures at 8 to 22 degrees Celsius.
SINGAPORE STORAGE & WAREHOUSE PTE LTD
Singapore Storage & Warehouse (SSW) was established in 1987. SSW initiated its operations in Singapore as a local logistics firm that provided warehousing and storage services. As part of its dedication to offering added value to its clients, SSW later expanded its services with additions such as local distribution and technology-driven solutions. The SSW warehouses are spread across the region and staffed with an experienced Operations Team. The warehousing operations are further supported by a Customer Service Team, which provides clients with the human link to ensure that their needs are taken care of.
Top Singapore Fastest-Growing Companies in Warehousing
SINGAPORE STORAGE & WAREHOUSE PTE LTD
Singapore Storage & Warehouse (SSW) was established in 1987. SSW initiated its operations in Singapore as a local logistics firm that provided warehousing and storage services. As part of its dedication to offering added value to its clients, SSW later expanded its services with additions such as local distribution and technology-driven solutions. The SSW warehouses are spread across the region and staffed with an experienced Operations Team. The warehousing operations are further supported by a Customer Service Team, which provides clients with the human link to ensure that their needs are taken care of.
ASTORE PTE. LTD.
Astore was founded in Singapore in 2014. Its brand, Spaceship, has served more than 10,000 customers for their self-storage, warehouse facility and workspace needs. Spaceship’s Flexible Move-in Ready Warehouse Storage Spaces are fitted out with enclosed storage equipped with heavy-duty shelves, offering caged storage space or enclosed in a private area with shelves providing private storage space. Clients can take advantage of storage spaces for storing home items, offsite-managed warehouse services for e-commerce fulfilment, managed storage and delivery for marketing products, storage space for documents, and more.
DSV SOLUTIONS PTE. LTD.
DSV Solutions was founded in Singapore in 2016. It is a subsidiary of the Danish transport and logistics company DSV A/S which offers global services. The firm provides customs clearance, transport and freight forwarding services. Additionally, its logistics solutions provide warehousing flexibility with industry-specific storage solutions. DSV Solutions offers multiple storage possibilities, such as condition-controlled storage, shelf and bin locations, bulk storage, and conventional rack storage in a variety of location sizes. DSV’s healthcare warehousing solutions are GDP-certified and capable of storing valuable pharmaceutical products in conditions that are safe, secure and fully compliant with all relevant standards, including ISO-90001.
GROCERY LOGISTICS OF SINGAPORE PTE LTD
Incorporated in 1993, Grocery Logistics of Singapore (GLS) is a logistics company focused on the Fast Moving Consumer Goods (FMCG) segment. It is a wholly-owned subsidiary of FairPrice Group Supply Chain, and handles the warehousing and logistics needs of NTUC FairPrice and its subsidiaries. GLS manages warehousing space exceeding 1.2 million sq. ft. throughout the region. It has deployed various automation solutions at its facilities which are customized according to the requirements of clients, and the nature and profile of the products. GLS’ Warehouse Management System is also designed to interface with separate host systems if necessary.
JURONG PORT TANK TERMINALS PTE. LTD.
Established in Singapore in 2019, Jurong Port Tank Terminals (JPTT) is designed to store and handle clean petroleum products and petrochemicals. It has a total estimated capacity of 580,000m³, which is supported by four berths with a deep draft of up to 17.6 metres capable of handling up to 180,000 DWT tankers. Customers can experience cost savings since this capacity reduces the waiting time for operations at berth. Physical connectivity to facilities and plants on Jurong Island eliminates the need to charter vessels to transfer products between terminals and refineries. JPTT is ideally situated to maximize operational effectiveness and synergy building.
WORK PLUS STORE PTE. LTD.
Work Plus Store is a storage space rental that was incorporated in Singapore in 2004. Clients can utilize the firm’s self-storage units for personal or business use with flexible lease terms. These lease terms can be extended for the length of time they need based on their future requirements. The firm allows customers to keep their rental fee lower by making a choice between storage unit rental and valet storage, where the clients have the option of choosing to pay for storage by items or storage by space. Work Plus Store also offers its clients warehouse storage and manpower for their fulfilment process.
MAJESTY EXPRESS PTE. LTD.
Established in Singapore in 2013, Majesty Express provides logistical support to its parent firm Neptune Centuries Holdings. Its services include commercial delivery, customs clearance, trucking services, dangerous goods logistics, and pharma and healthcare logistics. Additionally, Majesty Express offers storage and warehousing services that include picking, packing, labelling of items, and the provision of long- and short-term space of 2000 to 15000 sq ft, which accommodates the occasional needs of transiting in Singapore. The firm has expertise in handling complex requirements of business-to-business, or business-to-consumer deliveries such as warehouse transfers.
HORIZON SINGAPORE TERMINALS PRIVATE LIMITED
The government of Dubai owns ENOC Group, which is solely responsible for Horizon Terminals Limited (HTL), which is headquartered in the Bahamas. As demand for bulk liquid terminalling increased, ENOC established HTL to streamline its existing terminalling investments and grow the company internationally. Horizon Singapore Terminals caters to the storage, handling and blending requirements of HTL, offering a full spectrum of integrated logistics and supply chain support services. It is designed for multi-berth discharge and loading operations to maximize throughput capacity for its clients. The worldwide pricing system for crude and refined petroleum products in the region is fundamentally dependent on Horizon Singapore Terminals.
FINE ART STORAGE SERVICES PTE. LTD.
Incorporated in Singapore in 2009, Fine Art Storage Services (FASS) offers storage and handling services, as well as an array of professional art-related services including warehousing, packing and crating, inventory management, restoration and conservation. FASS also provides luxury event spaces with creative art installations, displays, racking, and lighting that create a distinctive look, as well as private viewing rooms that meet museum standards. The best storage conditions are guaranteed by continuously monitored climate controls and safety measures. With laser sensors, X-ray scanners, access control, an N2 gas fire extinguishing system, electronic surveillance and armed guards FASS ensures its clients’ assets are well guarded.
SKYLIFT DISTRICENTRE (PTE.) LTD.
Skylift Districentre was founded in Singapore in 2008, as the warehousing and distribution services arm of its parent firm Skylift Consolidator, a freight forwarding company. Skylift Districentre is situated in close proximity to ports and container depots, allowing its customers to implement Just In Time (JIT) manufacturing and delivery. This is aided by the company's web-based warehouse management system, which provides clients with convenient access to real-time inventory information. Owning a warehouse facility also enables Skylift Districentre to provide stuffing and unstuffing services, storage and consolidation services to clients on a short- or long-term basis.