Maritime regulators see no price-fixing in container shipping

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The Wall Street Journal interviewed federal maritime Commission chairman Mario Cordero after his return from meeting with EU and Chinese counterparts last week in Brussels, where they discussed the potential impact of the big ships and alliances on competition in the liner shipping sector. “There is no indication that price-fixing is occurring”, he said as interviewees from the industry complained they were now losing upwards of $100 per box on the Asia-Europe trade.