February 24 - MOL Logistics has submitted an application with the Indian government to establish a subsidiary in India.

According to MOL, the subsidiary will take over the logistics business from Mitsui O.S.K. Lines, and start operation in six cities: Delhi, Mumbai, Chennai, Ahmadabad, Bangalore, and Pune.

The establishment of the subsidiary in India will increase the MOL Logistics network to 27 companies in 25 countries with a total of 117 business sites.