Jo Tankers B.V. has agreed to plead guilty and pay a $19.5 million criminal fine for participating in an international cartel to allocate customers, rig bids, and fix prices on parcel tanker affreightment contracts for shipments of specialty liquids to and from the United States and elsewhere, the Justice Department has announced. As a result of the conspiracy, said the Department, consumers in the market for international parcel tanker shipping services paid non-competitive and higher prices for parcel tanker shipping ......
Read more on Marine Log