MOL’s car carrier earns notations for enhanced fire-fighting capabilities
NewsClassNK recognises the LNG-fueled car carrier Cerulean Ace, operated by Mitsui O.S.K. Lines, for its enhanced fire-fighting measures.
Peru points the finger at car carriers
Peru’s national competition authority (Indecopi) has found that six car carriers colluded on price between 2001 and 2012 and gained an extra US$10M from the market.
Peru is the latest company to find PCTC operators guilty of price-fixing. The six carriers named are: Compañía Marítima Chilena SA, Eukor Car Carrier, Inc. K-Line, MOL, NYK and CSAV, although CSAV was exonerated and Compañía Marítima Chilena partly-exonerated for being “whistle blowers.”
“As a result of an exhaustive investigation, the CLC accredited the existence of a coordinated system or understanding between the aforementioned shipping companies, whose main objective was to guarantee “respect for customers” (with whom they had contracts to transport vehicles of certain manufacturers or importers in specific routes). Thus, customers of “ownership” of others were not disputed and demanded the respect of the “own” clients for the maritime transport service of vehicles from Asia, Europe and America to Peru,” Indecopi said in a statement (in translation).
The fines imposed by Indecopi for violation of article 11.2 of Peru’s Law on the Repression of Anti-competitive Behaviours range between US$5M and US$24M.
Leading marques imported into Peru include Chrysler, Ford, Ssanyong, Mazda, Nissan, Renault, Toyota and Volkswagen.
Jesús Espinoza Lozada, Technical Secretary of the Commission for the Defense of Free Competition and David Fernández Flores, an official of the same commission, gave details of the cartel, which operated clandestinely between 2001 and 2012, and affected contracts that were valid until 2015.
You just read one of our articles for free
To continue reading, subscribe to WorldCargo News
By subscribing you will have:
- Access to all regular and exclusive content
- Discount on selected events
- Full access to the entire digital archive
- 10x per year Digital Magazine