The Federal Anti-Monopoly Service of Russia (FAS) and A.P.Moller-Maersk A/S have negotiated a settlement agreement on the cartel case, writes today Russian business newspaper Vedomosti. FAS does not disclose the details of the agreement. The service’s representative has said that on February, 13 there will be a court hearing where the agreement may be approved. […]
Tag: legislation
Maersk is fined USD 12 mln in Russia
The Federal Anti-Monopoly Service of Russia (FAS) has fined 5 major shipping lines RUR 1.5 bln (approx. USD 25 mln) for cartel actions, writes TASS news agency. At the end of 2015, FAS declared that A.P.Moller-Maersk A/S, CMA CGM SA, Hyundai Merchant Marine Co., LTD, Orient Overseas Container Line Limited and Evergreen Marine Corp. Ltd […]
Ridiculous fines in Russian ports for violations of labour law
In Vladivostok, Russia, goes on the conflict between the dockers and the management of Vladivostok Sea Commercial Port (part of the FESCO Transportation Group of the Summa Group holding). Following the mass actions caused by the forced redundancy of the dockers of the port’s container terminal of which we wrote earlier, the transport prosecutor’s office […]
Vladivostok port workers defend their rights
Tomorrow, 4th of October, 2016 dockworkers of Vladivostok Sea Commercial Port (VSCP) will hold a meeting to defend their rights, as announced by the press service of the Dockers’ Union of Russia. The mass action is caused by the forced redundancy of the dockers of the port’s container terminal, violation of their labour rights and […]
Appeals from shipping lines rejected by Russian court
The appeals of major shipping lines have been rejected by the Moscow Arbitration Court. The appeals concern a verdict of the Federal Anti-Monopoly Service of Russia (FAS) claiming the carriers violated Russian competition law from 2012 to 2013 when setting surcharges on Russia – Far East services simultaneously and of the same amount. The process […]