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MOL Renews Lease for LA Container Terminal

Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) announced that its wholly owned terminal operator TraPac, Inc. (Headquarters: Los Angeles, California, U.S.) renewed its long-term lease contract for a container terminal at the Port of Los Angeles. The 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.