MOL extends terminal lease in Port of L.A.

MOL extends terminal lease in Port of L.A.    MOL on Friday said its wholly owned terminal operator, TraPac Inc., has renewed its long-term lease contract for a container terminal at the Port of Los Angeles.
   Under the new pact, the terminal’s total space will be extended 30 percent, with the number of berths also increasing. New on-dock rail facilities will be constructed on the terminal site, as well as multilevel additions to the existing terminal access roads, which are designed to reduce traffic congestion in and around the terminal. The gate facility and terminal office will also be relocated.
   The new contract also includes a provision for shore power to supply vessels berthed at the port, a measure aimed at reducing NOx, SOx and particulate matter emissions from the vessels’ exhausts.