MITSUI O.S.K. Lines (Asia), the line's regional headquarters, has officially changed its name to "MOL (Asia).
The name change is part of the MOL liner division's global branding campaign.
Trickle traffic through the Strait of Hormuz, hugging the Iranian coastline at Qeshm and the islands of Hormuz and Larak, has brought no significant change to the closed-off waterway.Source: Research Gate
A new Sea-Intelligence analysis warns that resuming Suez transits could release 2.1 million TEU of capacity but may also unleash a wave of congestion at European ports.