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The European Commission has fined five car carrying shipping lines €395 million for taking part in cartels and breaking EU antitrust rules. It found that CSAV, "K" Line, MOL, NYK and WWL-EUKOR participated in a cartel for the intercontinental maritime transport of vehicles.
It was part of a wider action by the Commission that also targeted the supply of car parts.
All companies acknowledged their involvement in the cartels and agreed to ...
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K Line, Mitsui OSK and NYK have announced the name for their new joint grouping - Ocean Network Express, or ONE. The new company will start operations on 1 April 2018, bringing together then vessels and assets of Japan’s three largest container operators.
An operating company will be established in Singapore ...
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DP World London Gateway now has a service to West Africa. A joint Hapag-Lloyd and MOL service, new to the UK, is due to start with the call of the Frisia Luebeck on 22 July. The port rotation is Antwerp, Hamburg, DP World London Gateway, Algeciras, Dakar, Lagos / Apapa, ...
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The G6 Alliance (APL, Hapag-Lloyd, Hyundai, MOL, NYK and OOCL) has released details of port rotations for its proposed services on the Transatlantic and Asia-North America West Coast routes, announced in early December last year. Subject to the completion of regulatory review process, the 17 services are scheduled to start ...
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London Gateway handled its first scheduled vessel, the ‘MOL Caledon’ from South Africa on 7 November, the culmination of over a decade of planning and construction on three square miles of development on the Essex bank of the Thames.
The port's owner, DP World, says that London Gateway is closer to ...
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NYK has joined a shipping industry initiative, alongside Shell, BP, Maersk, Stena, MOL and K-Line, to help rebuild Somalia. The scheme will provide initial funding of US$1 million to the United Nations Development Programme (UNDP) in support of job creation and capacity building projects in the war-torn East African country ...
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