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Tags Korea Fair Trade Commission (KFTC)

Tag: Korea Fair Trade Commission (KFTC)

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Seoul court rules that freight-fixing fine was wrongful to Evergreen

Container News Team - 0
In a victory for container lines, the Seoul High Court on 1 February overturned a fine imposed by the Korea Fair Trade Commission (KFTC)...
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Liner operators downplay impact of South Korean fine

Container News Team - 0
The liner operators which have been hit by a fine of nearly US$81 million by the Korea Fair Trade Commission have played down the...
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Liner operators hit with US$81 million fine by South Korean antitrust body

Container News Team - 0
After months of pressure and protests from the government and trade associations, Korea Fair Trade Commission (KFTC) said today (18 January) that it will...
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Amended Fair Trade Act unlikely to reverse liner operators’ freight-fixing penalty

Container News Team - 0
The South Korean government has taken steps to exempt the shipping industry from anti-trust regulations, after the Korea Fair Trade Commission (KFTC) levied an...
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South Korean lawmakers want shipping removed from anti-trust jurisdiction

Container News Team - 0
Amid ongoing action to rescind the massive fines imposed by the Korea Fair Trade Commission (KFTC) on South Korea's liner operators, lawmakers plan to...
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Price-fixing penalty: Korea Shipping Association warns of “second Hanjin”

Container News Team - 0
Korea Shipping Association, which represents South Korean ship owners plying coastal and short-sea routes, has joined the Korea Shipowners' Association (KSA) in protesting the...
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CMA CGM updates loyalty program for Indian spot customers amid volume pressure

CN Premium Articles Container News Team - 0
Container lines seem to be attempting newer incentive schemes to push cargo support from low-volume shippers out of India as bookings slow down amid tariff...
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IHI and Vopak sign joint development agreement for ammonia terminal in Japan

News Alexandros Itimoudis - 0
IHI Corporation and Royal Vopak have entered into a joint development agreement to establish a new joint venture focused on developing and operating an...
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Panama Canal reports strong Q3 and future growth plans

News Giannis Nikolakis - 0
The Panama Canal Authority (ACP) delivered an optimistic third-quarter market update, outlining operational strength, new investments, and sustainability efforts. “We are pleased to report that...
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Fincantieri Marine Group appoints new CEO

News Giannis Nikolakis - 0
Fincantieri Marine Group (FMG), the U.S. subsidiary of global shipbuilding leader Fincantieri, has named George A. Moutafis as its new Chief Executive Officer. The appointment...
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