Thursday, September 17, 2020
Maritime News

U.S. Federal Maritime Commission Watching Ocean Carriers for Competition Violations

By Gavin van Marle (The Loadstar) – US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will...

September 17, 2020
Total Views: 63

Thursday, June 18, 2020
Wallenius Wilhelmsen ship
Maritime News

Wallenius Wilhelmsen Enters Guilty Plea in Australian Cartel Investigation

Norwegian-based shipping company Wallenius Wilhelmsen Ocean AS is likely facing millions of dollars in fines after pleading guilty today in Australian federal court to criminal cartel conduct. Wallenius Wilhelmsen Ocean...

June 18, 2020
Total Views: 510

Thursday, April 2, 2020
daewoo shipbuilding
Maritime News

EU Antitrust Regulators Halt Hyundai, Daewoo Deal Probe

BRUSSELS, April 2 (Reuters) – EU antitrust regulators have halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’ $1.8 billion merger with Daewoo while waiting for the...

April 2, 2020
Total Views: 13

Wednesday, January 15, 2020
Maersk CEO Skou
Maritime News

Maersk Chief Warns EU Antitrust Policy Benefits China, U.S.

COPENHAGEN, Jan 15 (Reuters) – Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the head of shipping...

January 15, 2020
Total Views: 15

Wednesday, October 30, 2019
world's largest cruise ship Symphony of the Seas
Maritime News

European Commission Opens Antitrust Investigation Into Fincantieri’s Bid for Chantiers de l’Atlantique Shipyard

By Foo Yun Chee BRUSSELS, Oct 30 (Reuters) – Italy’s bid to create a European industrial champion in the shipbuilding industry faces difficulty after EU antitrust regulators said Fincantieri’s bid...

October 30, 2019
Total Views: 17

Friday, August 23, 2019
Wallenius Wilhelmsen ship
Maritime News

Wallenius Wilhelmsen Charged with Criminal Cartel Conduct in Australia

SYDNEY, Aug 23 (Reuters) – Norwegian shipping company Wallenius Wilhelmsen Ocean AS (WWO) has been charged with criminal cartel conduct, Australian Competition and Consumer Commission (ACCC) said on Friday. The...

August 23, 2019
Total Views: 122

Tuesday, November 20, 2018
maersk containership
Maritime News

India to Probe Alleged Antitrust by Maersk, DP World at Mumbai Port, Sources Say

By Aditya Kalra and Aditi Shah NEW DELHI, Nov 20 (Reuters) – India’s antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark’s A.P. Moller-Maersk and Dubai’s DP...

November 20, 2018
Total Views: 3

Wednesday, February 21, 2018
car carrier
News

European Commission Fines Car Carriers 395 Million Euros for Participating in Cartel

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 cars and other vehicles...

February 21, 2018
Total Views: 14

Thursday, August 3, 2017
NYK car carrier
Maritime News

Australia Fines NYK $25 Million for ‘Criminal Cartel Conduct’

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 fine of $25 million relating...

August 3, 2017
Total Views: 15

Wednesday, March 22, 2017
News

Container Shipping Companies Ordered to Testify in U.S. Antitrust Probe

By Jonathan Saul and Keith Wallis LONDON/SINGAPORE, March 22 (Reuters) – The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation...

March 22, 2017
Total Views: 8

Monday, March 6, 2017
Maritime News

South African Competition Watchdog Seeks Penalty Against K-Line

JOHANNESBURG, March 6 (Reuters) – South Africa’s competition watchdog ruled on Monday that Kawasaki Kisen Kaisha Ltd’s (K-Line), one of Japan’s biggest transport companies, had conspired to rig bids for...

March 6, 2017
Total Views: 2

Monday, January 16, 2017
twin axe fcs 2610 damen
News

Damen Headquarters Raided Amid Foreign Bribery Investigation

AMSTERDAM, Jan 16 (Reuters) – Dutch investigators have raided the Netherlands’ biggest ship builder, Damen Shipyards, as part of a criminal investigation into a foreign bribery case, the finance ministry’s...

January 16, 2017
Total Views: 6

Wednesday, September 28, 2016
Maritime News

South Africa Raids Global Shipping Lines in Collusion Probe

By Liezel Hill (Bloomberg) — South Africa’s Competition Commission searched the premises of six shipping companies including AP Moeller-Maersk A/S as part of an investigation into allegations that they colluded...

September 28, 2016
Total Views: 22

Thursday, July 14, 2016
Wallenius Wilhelmsen ro-ro ship
Maritime News

WWL to Pay Nearly $100 Million Criminal Fine Over Ro-Ro Price Fixing Scheme

Norwegian shipping company Wallenius Wilhelmsen Logistics AS (WWL) has agreed to plead guilty and pay a $98.9 million criminal fine for its involvement in a conspiracy to fix prices of...

July 14, 2016
Total Views: 71

Thursday, July 7, 2016
Maritime News

EU Commission Closes Competition Investigation Against Maersk, MSC, and Others

By Foo Yun Chee BRUSSELS, July 7 (Reuters) – EU antitrust regulators accepted on Thursday an offer from Maersk, the world’s largest container shipping liner, and 13 competitors to change...

July 7, 2016
Total Views: 5

Tuesday, June 28, 2016
Maritime News

EU to Accept Antitrust Offer from Maersk, MSC, and 13 Others, Sources Say

By Foo Yun Chee BRUSSELS, June 28 (Reuters) – World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU...

June 28, 2016
Total Views: 10

Tuesday, February 16, 2016
Maritime News

Maersk to Change Freight Rate Announcements After EU Probe

COPENHAGEN, Feb 16 (Reuters) – Maersk Line, the world’s largest container shipping company, said on Tuesday it would change the way it publishes price changes following a competition probe by...

February 16, 2016
Total Views: 2

Wednesday, February 10, 2016
Shipping Containers Stacked Tall
Maritime News

Container Shipping Lines Offer to Settle EU Pricing Probe

By Foo Yun Chee BRUSSELS, Feb 10 (Reuters) – Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing practices to settle an EU...

February 10, 2016
Total Views: 4

Wednesday, October 14, 2015
Maritime News

Shipping Getting Anti-Competitive for Smallest Countries, UN Says

  GENEVA, Oct 14 (Reuters) – Shipping mergers are leaving an increasing number of countries serviced by too few suppliers to ensure a competitive market, the U.N. trade and economic...

October 14, 2015
Total Views: 9

Tuesday, August 18, 2015
Maritime News

MOL Second to Settle Car Carrier Price-Fixing Lawsuit

Japanese shipping giant Mitsui O.S.K. Lines, also known as MOL, has settled a major class-action antitrust lawsuit filed by individual consumers and auto, truck and equipment dealerships against more than...

August 18, 2015
Total Views: 4