NYK Fined $19.8 Million

NYK Fined $19.8 Million
Australia's Federal Court has convicted Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) of criminal cartel conduct and ordered it to pay a fine of A$25 million ($19.8 million). NYK was charged with giving effect to cartel provisions in an arrangement or understanding with other ... read more
Source: Maritime ExecutivePublished on 2017-08-04