Disruptions in the Red Sea could last for up to a year, according to Japan’s Mitsui OSK Lines The disruptions to global supply chains caused by the ongoing tensions in the Red Sea could last for a year, Japanese shipping giant Mitsui OSK Lines (MOL) has warned. Major players in the shipping industry, including MOL, have temporarily stopped using the Suez Canal, a critical maritime trade route connecting the Mediterranean Sea to the Red Sea and a vital sea lane for energy and cargo between Asia and Europe. This followed dozens of drone and missile attacks carried out by the Yemen-based Houthi rebels in the Red Sea
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