China Punishes 14 Carriers for Not Reporting Freight Tariffs

China’s Ministry of Transport has fined 14 international container shipping companies because they either failed to report freight tariffs to the ministry or were inconsistent with the reported ones.

Companies have been punished with a total of RMB 2.39 (around USD 350,000), the ministry informed.

The carriers in question include Hamburg Süd, Wan Hai Lines, Wan Hai Lines (Singapore), Evergreen, CMA CGM, Gold Star Line, Heung-A Shipping and Korea Marine Transport (KMTC), along with six undisclosed companies.

On January 17 and 18, the ministry instructed the eight carriers to submit rectification reports.

The measures by the ministry come in an effort to maintain a healthy maritime market and crack down on a low-price competition.

The ministry said it will further strengthen the maritime market supervision and increase tariff record inspections.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >

Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >