Second K-Line executive gets prison sentence

FEBRUARY 9, 2015 — Takashi Yamaguchi, a former executive of Japan-based Kawasaki Kisen Kaisha Ltd. (K-Line) pleaded guilty Friday and was sentenced to 14 months in a U.S. prison for his involvement

Jacob Stolt-Niesel steps down

DECEMBER 9, 2014 — Stolt-Nielsen Limited (Oslo Børs: SNI) today announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective

K-Line cops plea, agrees to $67.7 million fine

SEPTEMBER 26, 2014 — Kawasaki Kisen Kaisha Ltd. (K-Line), has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices, allocate

Marine hose price-fixer gets two-year prison term

APRIL 25, 2014 — Italian national Romano Pisciotti, a former manager of Parker ITR Srl’s Oil & Gas Business Unit, who was extradited from Germany in early April 2014, pleaded guilty Wednesday

CSAV cops plea, will pay $8.9 million fine

FEBRUARY 28, 2014 — In the first in what could turn out to be a series of antitrust charges against shipping companies, Compañía Sud Americana de Vapores S.A. (CSAV), a Chilean corporation,

EC antitrust officials raid oil company offices

MAY 14, 2013 — European antitrust authorities have raided the offices of several companies active in and providing services to the crude oil, refined oil products and biofuels sectors, including BP, Royal

Another indictment in Puerto Rico trade antitrust case

MARCH 22, 2013 — Here’s a reminder that the federal antitrust investigation into anticompetitive conduct in the coastal water freight transportation industry is still very much ongoing. A federal grand jury in

Former Sea Star President faces prison term

JANUARY 30, 2012 — Following a two-week trial, a federal jury in Puerto Rico yesterday found Frank Peake, the former president of Sea Star Line, guilty of participating in a conspiracy to

Crowley Liner Services issues statement on plea agreement

AUGUST 2, 2012 — Crowley Liner Services, Inc. (CLSI) has issued a statement regarding an agreement filed earler this week in U.S. District Court in San Juan, Puerto Rico, in which the

Crowley unit fined $1.5 million in price fixing case

AUGUST 1, 2012 — The U.S. Department of Justice says that Jacksonville, Fla.-based Crowley Liner Services Inc. yesterday pleaded guilty and was sentenced to pay a $17 million criminal fine for its