Singapore's competition watchdog has imposed penalties over US$7 million on 10 Japanese freight forwarders for price fixing. The Competition Commission of Singapore (CCS) said in a statement that 11 companies were fixing prices and exchanging price and customer information concerning air freight forwarding services for the Japan-Singapore route. DHL was the only freight forwarder to escape being penalised as it qualified for full immunity under CCS's leniency programme. The programme … [Read more...] about Japanese freight firms fined for price fixing
MOL
Seaspan takes delivery of sixth 10000 TEU SAVER
Seaspan Corp. accepted delivery of a 10000 TEU containership, the MOL Breeze. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd., is Seaspan's sixth 10000 TEU SAVER design containership delivered in 2014. This is the ninth 10000 TEU vessel using Seaspan's fuel-efficient SAVER design constructed at Yangzijiang. The MOL Breeze will commence an eight-year, fixed-rate time charter with Mitsui O.S.K. Lines Ltd. (MOL). The ship is the third of a total of five … [Read more...] about Seaspan takes delivery of sixth 10000 TEU SAVER
