DOJ FINES SHIPPING COMPANY FOR PRICE-FIXING

August 25, 2016

The U.S. Department of Justice recently fined Norwegian shipping company Wallenius Wilhelmsen Logistics AS $98.9 million for conspiring to fix prices on shipping services for cars and other vehicles.  In addition to paying the fine, Wallenius Wilhelmsen will cooperate with the DOJ. 

The DOJ states that the price fixing scheme dates back to at least February 2000 and continued until September 2012 and alleges that Wallenius Wilhelmsen and other companies had a long running scheme to rig bids to inflate the costs for roll-on, roll-off cargo shipping to and from the U.S. and elsewhere.

Wallenius Wilhelmsen is the fourth company to plead guilty in DOJ’s investigation, which has so far resulted in more than $230 million in fines.  The Wallenius Wilhelmsen criminal fine is the largest fine to date arising from this investigation. 

If you have any questions, please contact Evelyn Sahr (esahr@eckertseamans.com, 202-659-6622) or Drew Derco (dderco@eckertseamans.com, 202-659-6665).

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