CWT

What CWT does

CWT is an integrated logistics and supply chain solutions provider headquartered in Singapore, founded in 1970 and operating across approximately 90 countries. The company is privately held under CWT International Limited (HKEX: 521) since December 2017 and employs 5,001-10,000 people globally. CWT delivers warehousing, transportation, chemical, cold chain, container, and freight logistics services to enterprise customers across multiple industries including chemicals, petrochemicals, food and beverage, wine, commodities, and government/defense sectors. Key customers include Changi Airport Group, Singapore Airlines, Singapore Armed Forces, Land Transport Authority, and RedMart.

The company operates through a diversified subsidiary structure spanning logistics (CWT Globelink, CWT Integrated, CWT Commodity Logistics, Singapore Wine Vault, CWT Aerospace Services), commodity marketing (MRI Trading AG, a Swiss-based physical trading arm for non-ferrous metals and energy), financial brokerage (Straits Financial), engineering services (Indeco Engineers, maintaining 17.6 million sq. ft. of Gross Floor Area), and IBC packaging (Caddee). Core infrastructure includes the 2.4 million sq. ft. Mega Logistics Hub and a 750,000 sq. ft. cold chain facility in Singapore, supported by the patented TransHub multimodal transport hub and Automated Container Storage and Retrieval System. The proprietary iSCM platform links directly to customer ERP systems to provide inventory, order, and shipment visibility.

CWT's revenue model combines subscription-style recurring logistics contracts (warehousing, transportation, facility management), transaction-fee revenue from commodity marketing and financial brokerage, professional services from engineering, and IBC leasing through Caddee. Go-to-market is enterprise-direct sales with quote-based pricing, distributed through dedicated account management teams and the CWT Group's subsidiary network globally. The company has recently made strategic moves including a S$322 million joint venture in April 2026 to acquire 1.17 million sq ft of Tuas warehouse assets and executive leadership additions in June 2025 to strengthen investment operations and finance functions.

Name

CWT

Legal name

CWT Pte. Limited

Website

https://cwtlimited.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CWT is a Singapore-headquartered integrated logistics and supply chain solutions provider operating across approximately 90 countries, serving enterprise customers in chemicals, petrochemicals, food and beverage, commodities, and government sectors through warehousing, transportation, cold chain, and freight logistics services backed by its proprietary iSCM platform.

Ownership category

akta.pro rank

Product category

Integrated Logistics Services

NAICS

Freight Transportation Arrangement (4885), Support Activities for Transportation (488), Specialized Freight (except Used Goods) Trucking, Long-Distance (48423)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Deep Sea Foreign Transportation Of Freight (4412)

akta.pro primary industry

Telecommunications & Network Equipment (TLAIALAN)

akta.pro secondary industries

Real-Time Operational Visibility & Exception Management (TLAEAKAC), Refrigeration unit (reefer) telematics & controller integration sensors (TLAEALAG), WMS for Yard/Trailer/Container Inventory within Facilities (TLAEABAJ), Trailer, Chassis & Container Parts Distribution (TLAKAOAC)

Keywords

• Integrated logistics services
• Warehousing and distribution
• Freight forwarding
• Cold chain logistics
• Chemical logistics

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Integrated Logistics Services: Core logistics services including warehousing, transportation, chemical logistics, cold chain, container logistics, and freight management. The company operates an integrated business model with logistics at the core of global activities, serving multiple industries through CWT group of companies.
2. Commodity Marketing: Physical trading and supply chain management of non-ferrous base metals and energy products through MRI Trading AG and its group of companies.
3. Financial Services: Financial brokerage services through Straits Financial group of companies, offering futures and derivatives trading, forex, bullion and OTC brokerage services.
4. Engineering Services: Engineering maintenance for facilities, vehicles and equipment fleet, and design-and-build solutions for logistics properties through Indeco Engineers.
5. IBC Leasing (Caddee): Flexible lease of Intermediate Bulk Containers (IBCs) for package, transport and storage of bulk liquids, granulated and powdered substances such as food ingredients, chemicals and solvents. Also supplies different grades of bladders including food-grade, as well as heating elements.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

CWT provides integrated logistics services including warehousing, transportation, chemical, cold chain, container and freight logistics for enterprise customers. The company combines physical infrastructure (mega logistics hubs, container depots, trucking fleets) with its proprietary iSCM platform to deliver end-to-end supply chain visibility. It also operates commodity marketing (MRI Trading), financial brokerage (Straits Financial), and engineering/facilities services (Indeco Engineers) through subsidiaries.

Product overview

CWT is an integrated logistics services provider offering a platform-plus-modules architecture. The core offering centers on integrated logistics services (warehousing, transportation, chemical, cold chain, container, and freight logistics) delivered through the proprietary iSCM technology platform for supply chain visibility and management. The portfolio is extended through specialized subsidiaries: CWT Globelink (freight logistics with global port network), CWT Commodity Logistics, Singapore Wine Vault (cold chain for wine), MRI Trading (commodity marketing for metals/energy), Straits Financial (financial brokerage services), and Indeco Engineers (engineering/facilities maintenance). Additional offerings include Caddee (Intermediate Bulk Containers), the iSCM Online customer portal, and the TransHub patented multimodal transport hub. The diversified business model combines logistics at the core with commodity marketing, financial services, and engineering services as complementary business segments.

Differentiator

Problem solved

Functional benefit

Brands

• CWT Globelink: Freight logistics services spanning over 200 ports and 1,600 inland destinations globally.
• CWT Commodity Logistics
• Singapore Wine Vault
• Caddee
• CWT Aerospace Services
• MRI Trading
• Straits Financial
• Indeco Engineers

Products and services

• Integrated Logistics Core supply chain engineering service covering planning, scheduling, warehousing, material handling, packaging, order fulfilment, inventory control, transportation, distribution and 3PL management for enterprise customers.
• Warehousing Logistics Specialized warehousing services including LME warehousing for metals, ICE/LIFFE warehousing for soft commodities, dangerous goods warehousing for chemicals, cold chain, and bonded warehousing, anchored by a 2.4 million sq. ft. mega logistics hub.
• Transportation Logistics Container trucking fleet services supported by Transport Management Services (TMS) software for route planning, real-time tracking, location tracking and delivery status, including the patented TransHub multimodal transport hub.
• Chemical Logistics Regional distribution hub services, in-plant logistics and customized supply chain solutions for chemical and petrochemical companies, including warehousing, transportation, blending, drumming and waste disposal.
• Cold Chain Logistics Multi-temperature-controlled cold hub facility (750,000 sq. ft.) providing freezer storage at -18°C, air-conditioned and ambient storage for food manufacturers, wholesalers and retailers, with iSCM platform integration to customer ERP and WMS systems.
• Container Logistics In-house container management services covering general purpose, reefer and ISO tank containers, including storage, maintenance, repair, cleaning and testing at container depots, supported by an Automated Container Storage and Retrieval System.
• CWT Globelink (Freight Logistics) Ocean freight logistics network spanning over 200 ports and 1,600 inland destinations globally, with technology-enabled tracking, scheduling and booking platforms for enterprise shippers.
• CWT Commodity Logistics Commodity logistics services for the storage and management of commodities across Asia, Europe and Africa.
• Singapore Wine Vault (Wine Logistics) Cold chain logistics services specialized for wine storage and logistics, led by CEO Leaw Tiew San.
• MRI Trading (Commodity Marketing) Physical commodity trading and supply chain management of non-ferrous base metals and energy products through MRI Trading AG, the Swiss-based commodity trading arm of CWT Group led by CEO Andrew Jarvis.
• Straits Financial (Financial Services) Financial brokerage services offering futures and derivatives trading, forex, bullion and OTC brokerage through the Straits Financial group of companies, led by CEO Jeremy Ang.
• Indeco Engineers (Engineering Services) Integrated facilities maintenance and management services for buildings, vehicles, equipment and container repairs, including engineering maintenance, design and build solutions and vehicle/fleet management for government, aviation and logistics customers.
• iSCM Online (Supply Chain Management Platform) Customer-facing web platform providing login-based access to CWT's proprietary internet Supply Chain Management platform for end-to-end visibility and control over inventory, orders and shipments.
• Caddee (Intermediate Bulk Containers) Regional leader in Intermediate Bulk Container (IBC) solutions offering flexible lease of 1,500 litre IBCs (1450mm x 1150mm x 1120mm) for the package, transport and storage of bulk liquids, granulated and powdered substances such as food ingredients, chemicals and solvents; also supplies food-grade bladders and heating elements.
• CWT Aerospace Services (Aerospace Logistics) Aerospace logistics services delivered as a sub-brand within the CWT Group's integrated logistics portfolio.

Quantifiable outcome

• Energy savings of S$90 million+ achieved for clients through efficient logistics operations
• +3 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kerry Logistics Network: Hong Kong-based integrated logistics provider with Asia-Pacific depth in warehousing, freight forwarding and cold chain; comparable regional footprint and integrated business model to CWT.
• DSV: Global freight forwarding and contract logistics platform with significant Asia-Pacific operations; comparable to CWT's Globelink ocean freight network and integrated logistics business.
• CEVA Logistics: Global 3PL/4PL offering contract logistics, freight management and value-added services, owned by CMA CGM; comparable to CWT in industry-specific contract logistics and freight forwarding across Asia.
• Nippon Express: Japan-based global logistics group with warehousing, freight forwarding and supply chain solutions; comparable integrated logistics model with strong Asia presence similar to CWT.
• Kuehne+Nagel: Global freight forwarding and contract logistics leader with deep specialization in perishables and pharma cold chain; directly comparable to CWT's integrated logistics and cold chain business across Asia.
• Yusen Logistics: Asia-headquartered global logistics provider offering contract logistics, forwarding and chemical/automotive supply chain solutions; closely comparable to CWT in geography, customer mix, and service breadth.
• Expeditors International: Global freight forwarding and supply chain services provider with strong Asia operations; directly comparable to CWT's Globelink ocean/air freight forwarding business.
• DHL Supply Chain: World's largest contract logistics provider, with comparable warehousing, transportation, and value-added services for chemicals, retail and consumer goods; a direct peer to CWT's integrated logistics offering.

Regional players

• Sinotrans: China-based state-linked logistics and freight forwarding group; comparable integrated logistics and forwarding capabilities, mainly serving a different geography (mainland China) than CWT's Singapore hub.
• JWD Logistics: Thailand-based contract logistics, cold chain and freight services provider; comparable cold chain and integrated logistics services, with regional (Thailand/SE Asia) focus relative to CWT's Singapore-centric base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInsg.linkedin.com/company/cwt-limited
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CWT