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K Line contests Australian car carrier cartel claims

K Line contests Australian car carrier cartel claims

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Japan’s Kawasaki Kisen Kaisha (K Line) has decided to fight criminal cartel charges it has been accused of in Australia.

The Australian Competition and Consumer Commission (ACCC) has revealed it has charged K Line with “alleged cartel conduct” in relation to the way it shipped cards to Australia from July 2009 to September 2012.

The ACCC had earlier nailed another Japanese line, NYK, on similar charges. NYK, unlike K Line, decided to plead guilty however.

Last year K Line was hit with a similar suit in the US for which one Japanese executive was eventually jailed for 14 months. Other cartel investigations are ongoing in Japan and Europe.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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