Regulators have now fined ocean carriers Wallenius Wilhelmsen Ocean (WWO), NYK RORO, and “K” Line a total of $63 million for price fixing on vehicle shipping services on routes to Australia.
NYK Line RoRo
NYK Line RoRo
NYK Line RoRo news and analysis. Get the latest news about NYK Line RoRo and the Breakbulk industry.
24 Aug 2018
Like much of global trade, pent-up demand and emerging market country development, among other economic fundamentals, bode well for the roll-on, roll-off sector’s growth prospects in the immediate years ahead, if the threat of tariffs subsides.
20 Jan 2017
Vehicle buyers and dealers sought treble damages.
13 Jan 2016
A class-action complaint filed with the U.S. Federal Maritime Commission seeks damages for alleged shipping act violations by 10 roll-on, roll-off carriers already entangled in criminal and civil price-fixing investigations.
07 Oct 2015
Three former “K” Line and NYK executives have been indicted for alleged participation in a scheme to rig bids and fix prices for international shipments of roll-on, roll-off shipments to and from the United States.
27 Dec 2014
NYK Line has teamed up with Gujarat Pipavav Port, an APM Terminals facility on India’s west coast, to build and operate a new dedicated automobile logistics terminal at the Pipavav port complex.
27 Aug 2014
Baltic Reefers will acquire NYKCool from NYK Reefers, the refrigerated shipping segment of Japanese shipping giant NYK Line on Sept. 1.
25 Oct 2011
29 Jul 2011
Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) lost $91.68 million on a consolidated basis in the first quarter of fiscal 2011, which started on April 1, compared with a net profit of $294.79