Container shipowners appeal Russian competition ruling

At the end of 2015, the Russian competition authorities ruled that five global container carriers had violated the country's competition legislation. The five carriers, including Evergreen and Maersk Line, have appealed the ruling.

Photo: Mikhail Metzel

There is no substance in the ruling, which the Federal Antimonopoly Service of the Russian Federation (FAS) reached at the end of 2015, note the five global container carriers: Maersk Line, CMA CGM, Hyundai Merchant Marine, OOCL, and Evergreen Line. For this reason, the shipowners have decided to appeal the ruling, writes the Journal of Commerce.

At the end of last year, FAS ruled that the five container carriers had violated Russia's competition laws through a cartel with illegal price fixing. FAS has investigated the carriers' practice for several years, and the Russian competition authorities hold the opinion that the five carriers have illegally agreed on prices for the services between the Far East, Southeast Asia and St. Petersburg as well as the Ust-Luga in Russia in the time period between 2012-2013. The carriers will be penalized with fines, the FSA states. When ShippingWatch recently asked Maersk about the case, the carrier had not yet been informed of the size of the fine.

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