Intra-Asia services suffering as smaller box ships are diverted to long-haul trades
The cascading of smaller box ships to more-lucrative long-haul lanes has created a shortage of ...
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The Korea Fair Trade Commission (KFTC) is investigating 20 local and overseas liner operators for colluding to fix freight on services from South Korea to China and Japan.
The probe comes just two months after it imposed an $81m collective fine on these operators for fixing South Korea-South-east Asia freight rates.
KFTC is understood to have sent review reports to the liner operators concerned, saying it is looking into allegations that they fixed freight rates on South Korea-China and South Korea-Japan lanes ...
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