Independent journal on economy and transport policy
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CSAV, MOL, NYK and WWL/EUKOR specify that the fines of the EU will not have an impact on the previewed ones turned out financial
Already managed billetings. "K" Linens will record the endorsement which extraordinary loss in the fiscal year that will finish the next month
February 22, 2018
Chilean CSAV, the Japanese "K" Linens, MOL and NYK and the Norwegian-Swede WWL with its branch South Korean EUKOR, five companies of navigation that are between the main world-wide marine carriers in the segment of the transport of motors vehicle, have specified which it will be the impact on their results of the fines that yesterday the EU commission has inflicted to the societies as they have placed in existence understandings that have violated the normative antitrusts of the EU(on 21 February 2018).
All the companies have evidenced that those denounced by the EU commission are practical pertaining to the past (the accusation are that to have place in existence the trust in the period October 2006 - september 2012) and, porgendo their excuses to the customers, have assured that the respective activities are carried out now in the full respect of the norms and have guaranteed the their maximum engagement so that situations of this genre do not happen in future. Moreover CSAV, "K" Linens, MOL, NYK and WWL/EUKOR have emphasized to have lend full collaboration in the course of the investigations carried out from the Commission.
In particular, Mitsui O.S.K. Lines (MOL) has confirmed to have totally collaborated with the EU commission and to have obtained the full immunity. Compañía American South de Vapores (CSAV) and Wallenius Wilhelmsen Logistics (WWL) /EUKOR Car Carriers has specified to have already carried out billetings prudenzialmente in sight of eventual fines inflicted from the Commission and that therefore the endorsements will not have an impact on the business economic performances. Kawasaki Kisen Kaisha ("K" Linens) has announced that the fine of 39,10 million euros will be recorded which extraordinary loss in the fiscal year 2017 that will at the end have term of the next month. Nippon Yusen Kaisha (NYK), which a fine of 141,82 million euros is inflicted, has specified to have managed billetings pairs to 19,6 billion yen (148 million euros) in the relative budget to the first nine months of fiscal year 2017 and that therefore the endorsement will not have an impact on the expected results for the entire 31 fiscal year that will conclude next March.
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