Eimskip and Samskip face collusion charges

Eimskip and Samskip face collusion charges

Two Icelandic shipping companies Eimskip and Samskip are currently being investigated by Icelandic Competition Authority for violating Icelandic competition act.

Last week, Eimskip received the first statement of objections from the Icelandic Competition Authority as part of the investigation, which states that Eimskip and Samskip committed an illegal collusion which infringed article 10 of the Icelandic competition act and article 53 of the EEA agreement during the investigated period from 2008 until 2013.

The authority will send the second statement of objections, which will address potential penalties and potential need for remedies soon.

Eimskip said it will now start preparing its arguments towards the statement of objections and has until September 7 to submit arguments, documents and information.

Eimskip currently operates a fleet of ten containership including six reefer boxships and Samskip operates two feeder boxships.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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