Specialised Media News

Shipping Firms Poised to Settle EU Probe

Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according to a report from Reuters Wednesday that cites two unnamed sources. Container carriers have offered to publish binding actual rates a month before they go into effect, according to the report from. The report said the European Commission would not confirm the development, but that it could change the practice of shipping companies announcing planned general rate increases. World No. 1 container liner Maersk, MSC and 13 other peers have offered to publish actual prices rather than future rate increases to settle a two-year EU antitrust investigation. The other companies are No.