Independent journal on economy and transport policy
06:42 GMT+1
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the Chinese ministry of the Transports fine 21 companies of line that operate on the China-Japan route
They are endorsed in order to have offered inferior rates to the market prices
June 22, 2015
The Chinese ministry of the Transports, to conclusion of a under way investigation in July 2014, has announced to have applied to administrative endorsements for a total of 4,25 million yuan (694 thousand dollars) to 21 shipowning companies of the field of the line transport in order to have violated the conditions of the market offering inferior rates to the market prices for transport on the China-Japan route and in order not to have collaborated in the course of the investigation or to have supplied false information.
The fines are comminate to the Chinese companies Centrans International Marine Shipping Co. , Shipping Lowers Container Lines (HK), GOTO Shipping International, Hong Kong Shun Shipping Co., Marine Noah ' s Ark Shipping Co. (QMNS), Orient Overseas Container Linens (OOCL), PanAsia Shipping Co. (group COSCO), Shanghai Hai Hua Shipping Co. , Shanghai Puhai Shipping Co., Sinotrans Container Lines Co., SITC Container Lines Co. and T.S. Lines, to the taiwanesi companies Cheng Lie Navigation Co. (CNC), Evergreen Marine Corp. , Yang Ming Marine Transport Corp. and Wan Hai Lines (WHL), to South Korean companies CK Linens, Dong Jin Shipping Co. and Sinokor Merchant Marine, to the Interasia Lines Singapore of the Japanese group Interasia Lines and to the company MCC Transport of Singapore.
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The Chinese ministry of the Transports, to conclusion of a under way investigation in July 2014, has announced to have applied to administrative endorsements for a total of 4,25 million yuan (694 thousand dollars) to 21 shipowning companies of the field of the line transport in order to have violated the conditions of the market offering inferior rates to the market prices for transport on the China-Japan route and in order not to have collaborated in the course of the investigation or to have supplied false information.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
