NYK and “K” Line Fined in Canadian Antitrust Probe
Japanese shipping companies NYK and “K” Line have been fined CAD $1.5 million and CAD $460,000, respectively, by the Ontario Superior Court for
Japanese shipping companies NYK and “K” Line have been fined CAD $1.5 million and CAD $460,000, respectively, by the Ontario Superior Court for
By Mike Scarcella (Reuters) – Two Matson Inc subsidiaries must face claims from rival container shipping company American President
FMC Commissioner Rebecca Dye on Tuesday released her long-awaited final report from her fact finding investigation into the effects of COVID-19 on the ocean
Finnish-based Cargotec and Konecranes have cancelled plans for a proposed merger after UK competition regulators blocked the transaction over concerns that it
Supply chains are back in the news, perhaps a welcome distraction from the coverage of events in Ukraine. Late last week, the Biden Administration followed up
Biden Administration is stepping up it’s scrutiny of container shipping alliances and enforcement of competition laws. The U.S. Justice Department and the
By Charlotte Ryan (Bloomberg) — The British International Freight Association is calling on the U.K. government to investigate the state of competition
Maritime competition authorities from across the world are continuing to keep a close eye on the actions of ocean carriers amid the unprecedented cargo boom
By Nick Savvides (The Loadstar) – Switzerland-based carrier MSC has roundly rejected complaints made by Pennsylvania home décor supplier MCS
The U.S. Federal Maritime Commission is stepping up its scrutiny of ocean carriers by establishing a new audit program and dedicated team to assess carrier
The U.S. Federal Maritime Commission and the Department of Justice have signed an agreement to increase cooperation and communication in oversight and
By Gavin van Marle (The Loadstar) – US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container
Norwegian-based shipping company Wallenius Wilhelmsen Ocean AS is likely facing millions of dollars in fines after pleading guilty today in Australian federal
BRUSSELS, April 2 (Reuters) – EU antitrust regulators have halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’
COPENHAGEN, Jan 15 (Reuters) – Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with
By Foo Yun Chee BRUSSELS, Oct 30 (Reuters) – Italy’s bid to create a European industrial champion in the shipbuilding industry faces difficulty
SYDNEY, Aug 23 (Reuters) – Norwegian shipping company Wallenius Wilhelmsen Ocean AS (WWO) has been charged with criminal cartel conduct, Australian
By Aditya Kalra and Aditi Shah NEW DELHI, Nov 20 (Reuters) – India’s antitrust regulator has ordered a probe into alleged anti-competitive
The European Commission on Wednesday fined four shipping companies a total of 395 million euros for taking part in cartel relating to the transportation of new
The Federal Court of Australia has convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of criminal cartel conduct and ordered it to pay a
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