MOL Invests in the Development of an Automated Logistics Facility in Singapore under the CapitaLand SEA Logistics Fund (CSLF)
Japan, Jan. 9 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that it is investing in the development of an automated logistics facility in Singapore, "OMEGA 1 Singapore". This investment is made through MOL's existing interest in CapitaLand SEA Logistics Fund (CSLF) which is managed by CapitaLand Investment (CLI; Head Office: Singapore), a leading global real asset manager with a strong Asia foothold.This facility will be equipped with state-of-the-art technologies such as robotics, an automated storage and retrieval system and automated guided vehicles to support efficient end-to-end inventory management. This fully integrated automation ecosystem represents a significant leap forward in transforming traditional logistics operations into a h...
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