car carriers

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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

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Two PCC operators pay $2.3 million in FMC penalties

DECEMBER 24, 2013 —— The Federal Maritime Commission yesterday announced compromise agreements that saw two common carriers operating pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in U.S. inbound and

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Ship Finance International buys two car carriers

OCTOBER 24, 2012 —  John Fredriksen’s Ship Finance International Limited ( NYSE : SFL ) has gotten into the car carrier business. It reported today that it has agreed to purchase, “at