Wallenius Wilhelmsen opens Singapore facility
Wallenius Wilhelmsen Logistics said it has signed a long-term lease with Singapore's Jurong Port to develop and manage an on-dock processing center that will cater to manufacturers of heavy rolling equipment such as agricultural, mining and construction equipment.
Christen Schreuder, WWL's head of commercial in Asia, said the company expected significant growth of heavy rolling equipment sales in Asia over the decade and that “our ambition is to help equipment manufacturers reach these markets while reducing inventory carrying costs, shortening lead times, and improving product availability.'
WWL will begin offering temporary storage solutions and light technical services this month. The facility will have a storage capacity for about 400 units. Over the next 12 to 16 months, WWL will phase in a broader range of services such as inspections, washing, repairs, storage, preventive maintenance and dealer distribution.
The company said with the new Singapore facility, it now has a global network of 11 processing centers for high and heavy cargo at ports in the United States, Europe, Asia and Australia.
Wallenius Wilhelmsen opens Singapore facility