Eukor Car Carriers may face fine in global shipping cartel case despite South Korean plea

By Choi Hyung-jo ( December 6, 2018, 10:13 GMT | Insight) -- Eukor Car Carriers may face a financial penalty after South Korean prosecutors asked a Seoul court to hit the locally-headquartered shipping company with a criminal fine of 120 million won ($107,300) for colluding with other companies in a global roll-on/roll-off car-shipping cartel case. Prosecutors made the request today during the latest hearing in an ongoing criminal trial at the Seoul Central District Court against the company and NYK Line, a Japanese shipping company.Eukor Car Carriers may face a financial penalty after South Korean prosecutors asked a Seoul court to hit the locally-headquartered shipping company with a criminal fine of 120 million won ($107,300) for colluding with other companies in a global roll-on/roll-off car-shipping cartel case. ...

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Eukor Car Carriers may face fine in global shipping cartel case despite South Korean plea

Prepare for tomorrow’s regulatory change, today

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