AmericasContainers

US closes liner collusion investigation

A two-year investigation by the US Department of Justice into collusion among the world’s top liners has closed, without bringing charges or imposing penalties.

Two years ago the FBI paid a call on executives meeting at the Box Club, the informal liner gathering, kickstarting an investigation that lasted 18 months longer than had initially been forecast.

“This is an important decision where the global container shipping industry has, once again, been fully investigated and exonerated,” a spokesperson for MSC, the world’s second largest liner, told Splash.

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.

Comments

  1. What an incredible waste of money and resources. Not to mention the aggravation and damage to the credibility and reputation of the companies put under the microscope. And to add to the costs and misery a prolonged search by the government which results in no illegal acts found!!!
    C’mon, this is wrong!!! Some people at Justice need to find work elsewhere ????

Back to top button