ShippingWatch

Cartel case has cost car carriers at least a billion dollars

An protracted cartel case has cost major car carriers fines worth at least USD 1.08 billion, shows an assessment by ShippingWatch. Read on to find out how much the shipping companies have paid so far in various countries.

Photo: Srdjan Zivulovic/Reuters/Ritzau Scanpix

An extended, spectacular cartel case has cost five of the world's largest car shipping companies fines amounting to at least USD 1.08 billion, according to an assessment by ShippingWatch.

The number is based on statements by authorities and countries, to which shipping companies Wallenius Wilhelmsen, CSAV, NYK Line, K Line and MOL have paid fines for their roles in a major cartel case.

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