Ever Glory in Felixstowe Photo 253973558 Evergreen Marine © Peter Moulton Dreamstime.com
© Peter Moulton

More than 20 liner operators look set for a protracted legal battle with the Korea Fair Trade Commission (KFTC).

They have filed individual lawsuits with the Seoul High Court, challenging a fine imposed in 2022 for colluding to fix South Korea-South-east Asia tradelanes.

In January 2022, 23 liner operators, including 14 South Korean operators and others including Evergreen, Cosco, Maersk Sealand, Yang Ming, HMM and SM Line, were fined a total of $81m.

The KFTC investigated complaints, from timber traders in July 2018, ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.