Liner operators fined $64m for fixing South Korea-Japan freight rates

Fifteen liner operators have been fined a total of $64m by the Korea Fair Trade Commission (KFTC) for colluding to fix South Korea-Japan freight rates. KFTC handed down its decision on ...

Antitrust Investigations HMM Korea Fair Trade Commission (KFTC) Korea Marine Transport Company (KMTC Line) Korea Shipowners' Association (KSA) Ministry of Oceans and Fisheries (MOF) SinoKor SM Line

Jun 10, 2022• Comments•

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News / New sanctions see Sinokor suspend shipping services to Vostochny

South Korean feeder operator Sinokor is to suspend container shipping services to Russia’s Vostochny port, ...

Russia-Ukraine War Russian Global Ports SinoKor US Sanctions Vostochnaya Stevedoring Company (VSC)

Mar 8, 2024• Comments•

News / South Korean carriers SinoKor and Heung-A to merge container operations

The next round of rationalisation of South Korea’s container shipping sector is under way as ...

Busan Heung-A Hyundai Merchant Marine Intra-Asia Merger Mania SinoKor

Apr 15, 2019• Comments•

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Antitrust Investigations HMM Korea Fair Trade Commission (KFTC) Korea Marine Transport Company (KMTC Line) Korea Shipowners' Association (KSA) Ministry of Oceans and Fisheries (MOF) SinoKor SM Line Russia-Ukraine War Russian Global Ports US Sanctions Vostochnaya Stevedoring Company (VSC) Busan Heung-A Hyundai Merchant Marine Intra-Asia Merger Mania