MOL sets up office in Peru

Mitsui OSK Lines (MOL) has set up a new subsidiary in Peru. MOL (Peru) will be headed by general manager Jean Pierre Thorin Brauer, and the Japanese company set it had set up the company as it showed more stable growth than other South American countries, Seatrade Asia online reports. “With the new subsidiary, MOL will consolidate its business structure and further expand north-south containership routes to further improve customer services,” MOL said.