Cancelling charters and returning hired ships early will cost K Line ¥560bn
Cancelling the charter parties of containerships and bulkers will cost Japan’s K Line ¥560bn ($5bn). The ...
Car-carrying lines are set to face the wrath of EU antitrust regulators after being caught out rigging bids for shipping vehicles. Reuters reports Wallenius Wilhelmsen Logistics, NYK and several other Japanese lines will face fines following a six-year investigation kick-started by dawn raids in 2012. Sources claim K Line and Mitsui OSK are among the other carriers caught in the antitrust web.
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