Keppel Logistics Expands in Australia

Maritime Activity Reports, Inc.

October 20, 2014

Keppel Logistics, a unit of Keppel T&T, has expanded its operations in Australia

Keppel Logistics, a unit of Keppel T&T, has expanded its operations in Australia

 

Keppel Logistics Pte Ltd, a wholly owned subsidiary of Keppel Telecommunications & Transportation Ltd (Keppel T&T), has expanded its logistics capabilities down under with Keppel Logistics (Australia) Pty Ltd. The wholly-owned subsidiary of Keppel Logistics will manage a 10,000 square metre warehouse in Brisbane, Australia.

Located 10 kilometres from Brisbane City, the Stafford facility recently commenced operations in August and establishes Keppel Logistics' foothold as one of the leading logistics players in the book publication segment. It currently serves as a Regional Distribution Centre serving Wiley's Australia and New Zealand markets, with Keppel Logistics (Australia) providing warehouse management and local transportation services for the global publishing company. The facility is expected to handle more than 2 million books per annum.

Mr Thomas Pang, CEO of Keppel T&T said, "Keppel Logistics' strong track record in providing quality warehousing and third-party logistics services has enabled us to build lasting partnerships with our clients. We are delighted that our productivity and efficiency have paved the way for our maiden foray into Australia and more opportunities in the Asia Pacific region."

Keppel Logistics' move into Australia follows an agreement with Wiley Singapore in 2013 to provide similar services in Singapore, serving the ASEAN market. Keppel Logistics' facilities in Singapore also house the Regional Distribution Centres of other leading publishers, handling some 1.5 million books per month.

The above mentioned transaction is not expected to have material impact on the net tangible assets or earnings per share of Keppel T&T for the current financial year.

Maritime Reporter Magazine Cover Apr 2019 - Navies of the World

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News