MOL renews Los Angeles terminal lease

摘要

Japan's Mitsui OSK Lines (MOL) has renewed its lease agreement with the Port of Los Angeles for the TraPac container terminal, paving the way for its planned redevelopment.rnThe signing ceremony for the new contract was held on October 15, with participation by the Interim Deputy Mayor of the City of Los Angeles Romel Pascual.rnUnder the new pact, the terminal's total space will be extended to 1.3 times the current area.