ShippingWatch

Evergreen rejects price fixing in Russian competition case

Evergreen is among the carriers which, according to the Russian competition authorities, have violated the country's competition regulations. In a statement to ShippingWatch, Evergreen rejects that the carrier is talking to others carriers about rate increases. CMA CGM has "no comments."

Photo: APM Terminals

According to the Russian Federal Antimonopoly Service (FAS), several container carriers have violated the country's competition legislation through their monthly announcements of general rate increases (GRI). Taiwanese Evergreen is among the involved container carriers, and the company confirms to ShippingWatch that - according to the Russian authorities - it has violated regulations by announcing rate increases on services between the Far East and Russia.

In an e-mail, the carrier stresses that "the purpose of issuing a GRI is to notify customers of its future pricing program for negotiations before implementation," the carrier writes.

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