Tag: litigation

Container Terminal Saint-Petersburg has won its anti-trust case

Container Terminal Saint-Petersburg

The Moscow Arbitration Court of Appeal finally adopted yesterday the settlement agreement between the Federal Anti-Monopoly Service of Russia (FAS) and Container Terminal Saint-Petersburg (CTSP), owned by the Russian transportation group UCL Holding, in an anti-trust litigation, CTSP press service informs. FAS has admitted that the container handling tariff rates of CTSP are economically justified […]

Piraeus used by Chinese criminal firms to smuggle imports

Piraeus Cosco

The European Union and Italian authorities are investigating a large-scale tax fraud by Chinese criminal gangs importing goods via the port of Piraeus, South China Morning Post informs. The news comes as the port’s majority stakeholder, China’s state-run company Cosco Shipping Ports faces problems in the USA with the takeover of Orient Overseas International Lines […]

Djibouti comments on DCT seizure from DP World

Doraleh container terminal

Djibouti dismissed the speculations that appeared last week about the reasons behind the government’s expropriation of Doraleh Container Terminal (DCT) from DP World, informs Africa Times. In his statement in Twitter on Friday, Mohamed Siad Doaleh, Djibouti’s ambassador to the United States, claimed as “false” the idea that Djibouti would give the disputed Doraleh terminal […]

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