Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces...
Hoegh Autoliners specialises in transporting cars, controlling 50 specialised vessels or 6-7 percent of the global fleet in this market.
South Africa’s Competition Commission said on Tuesday Hoegh Autoliners had been referred for prosecution on seven charges relating to collusive tendering, price fixing and market division.
Hoegh Autoliners “stands accused of colluding with a Japanese car shipping company, Mitsui O.S.K Lines Ltd (MOL),” the Commission said in a statement.
“From around 2009, MOL and Hoegh engaged in prohibited practices in that they agreed and/or engaged in concerted practices as competitors to fix prices, divide markets and tender collusively.”
Hoegh Autoliners said it denied the allegations.
“We are not admitting any guilt and we will defend ourselves,” Nyrud told Reuters, adding that a probe had been continuing since 2013 and that he was surprised by Tuesday’s statement.
No one at Mitsui O.S.K Lines was immediately available for comment when contacted by Reuters. ($1 = 12.9707 rand) (Reporting by Ole Petter Skonnord; Editing by Greg Mahlich)
(c) Copyright Thomson Reuters 2017.
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