According to MOL's CEO, why won't the shipping industry return to pre-war conditions after the Iran conflict ends?

Jotaro Tamura, CEO of Mitsui O.S.K. Lines Ltd., stated it is 'a bit naive' to expect a return to pre-war conditions, emphasizing that 'we will not go back to the world where we used to' — indicating a fundamental, irreversible shift in global shipping operations and supply chain structures due to the conflict's lasting effects.

What immediate operational challenge is MOL facing in the Persian Gulf, and how is the company responding?

MOL currently has ships trapped inside the Persian Gulf following the closure of the Strait of Hormuz, and while seeking to get them out, the company is prioritizing crew welfare by ensuring ample supplies of food and freshwater.

MOL Says Iran War Will Impact Shipping Long After Conflict Ends

Apr 22, 2026

MOL President Jotaro Tamura warns that Middle East conflicts will disrupt global shipping and supply chains long after the war ends due to Strait of Hormuz closures. Major oil and aluminum supply disruptions have forced Asian refiners to secure US crude at higher costs.

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MOL Says Iran War Will Impact Shipping Long After Conflict Ends

MOL Says Iran War Will Impact Shipping Long After Conflict Ends

FAQ