FEBRUARY 21, 2018 — The European Commission has imposed fines totaling EUR 395 million (about $487 million) on five car carrier companies involved in a cartel that ran from October 2006 to
SEPTEMBER 26, 2017 — Norway’s Höegh Autoliners AS has agreed to plead guilty and pay a $21 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers, and
JUNE 12, 2017 — COFECE, Mexico’s antitrust commission has imposed penalties totaling 581,660,000 pesos (about $32 million) on shipping companies involved in what it calls an international cartel operating in the motor
OCTOBER 6, 2016 —The Volkswagen Group says that from 2019 it will use two LNG fueled vessels chartered Siem Car Carriers AS for vehicle shipments between Europe and North America. They will
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
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
JUNE 25, 2013 — Norwegian Car Carriers ASA (NOCC) has issued an update on the incident in which the Japanese Coast Guard said that the PCTC NOCC Oceanic might have been the
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