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China fines 8 liners for price collusion

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China fined eight shipping lines 407 million yuan (S$88 million) in total after finding them responsible for price collusion in the transportation of vehicles and heavy machinery.

Tokyo

CHINA fined eight shipping lines 407 million yuan (S$88 million) in total after finding them responsible for price collusion in the transportation of vehicles and heavy machinery.

Japan's Nippon Yusen KK, Mitsui OSK lines, Kawasaki Kisen Kaisha and Eastern Car Liner Ltd;