China fines Shipping firms
China Penalizes Global Shipping Firms for Price Manipulation
| Ryan General | | Dec 29, 2015 09:24 AM EST |
Chinese authorities have penalized several shipping companies for price fixing after a year-long investigation. Among the companies found guilty of violating China's 2008 anti-monopoly law are Kawasaki Kisen Kaisha and Eastern Car Liner, Japan's Mitsui OSK Lines, South Korea's Eukor Car Carriers, Chile's Cia Sud Americana de Vapores and Norway's Wallenius Wilhelmsen Logistics.
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