Eight carriers fined for illegal price rigging in China

Several Japanese carriers including NYK and MOL, as well as Norwegian Wallenius Wilhelmsen, are among a total of eight carriers in the transport of vehicles and dairy products, which have been sentenced to large scale fines.

BY OLE ANDERSEN

China has sentenced eight carriers to pay fines for a total of USD 63 million for illegal price arrangements in the transportation of automobiles and dairy products, according to Bloomberg this Monday.

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Eight carriers fined for illegal price rigging in China

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Price arrangements cost K Line USD 54 million

Norwegian Wilhelmsen suspected of price fixing

CSAV reaches compromise in price rigging case

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

John Fredriksen has increased his wealth by NOK 81bn this year

A simple reason could explain low dry bulk rates despite good demand

CMA CGM and Maersk will need help in new green lobbying alliance

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