SembCorp Logistics Limited (also known as SembLog) is a logistics

Logistics

Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...

 company previously linked to SembCorp Industries based in Singapore

Singapore

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

. It was acquired by Australian transport giant, Toll Holdings

Toll Holdings

TOLL , properly TOLL Holdings Limited, is Australia's largest transport company, based in Melbourne, Victoria. The company has operations in road, rail, sea and air in 55 countries....

 in May 2006.

Before being taken over by Toll, SembCorp Logistics was a component of the Straits Times Index

Straits Times Index

The FTSE Straits Times Index is a capitalization-weighted stock market index that is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange...

 of the Singapore Stock Exchange

Singapore Exchange

Singapore Exchange Limited is an investment holding company located in Singapore and providing different services related to securities and derivatives trading and others. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges FederationSingapore Exchange...

(SGX) having been incorporated on 22 February 1971 as Sembawang Towing Co Pte Ltd and listed on the SGX on 18 June 1987. Over time, the companies operations have changed from marine towing to supply chain management and integrated logistics.