Hoegh Autoliners Denies Price-fixing Allegations

September 12, 2017

(File photo: Hoegh)
(File photo: Hoegh)

Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa.

Hoegh Autoliners specializes in transporting cars, controlling 50 specialized vessels or 6-7 percent of the global fleet in this market.

South Africa's Competition Commission said on Tuesday Hoegh Autoliners had been referred for prosecution on seven charges relating to collusive tendering, price fixing and market division.

Hoegh Autoliners "stands accused of colluding with a Japanese car shipping company, Mitsui O.S.K Lines Ltd (MOL)," the Commission said in a statement.

"From around 2009, MOL and Hoegh engaged in prohibited practices in that they agreed and/or engaged in concerted practices as competitors to fix prices, divide markets and tender collusively."

Hoegh Autoliners said it denied the allegations.

"We are not admitting any guilt and we will defend ourselves," Nyrud told Reuters, adding that a probe had been continuing since 2013 and that he was surprised by Tuesday's statement.

No one at Mitsui O.S.K Lines was immediately available for comment when contacted by Reuters.


($1 = 12.9707 rand)

(Reporting by Ole Petter Skonnord; Editing by Greg Mahlich)

 

Logistics News

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Subscribe for Maritime Logistics Professional E‑News

Richard White, co-founder of Australia's WiseTech, steps down from his position as executive chairman
Kyiv reports that Ukraine has struck eight Russian tankers from the shadow fleet.
Sources: RPT-Iran explores oil sales to Japan; buyers want longer sanctions waivers