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Regions :: Western Europe :: Belgium

Brussels Drops Antitrust Probe of Chemical Shipping Markets

8:14 AM MDT | May 19, 2008 | Chemical Week Editorial Staff

No sinking feeling: Shipping services defined as ‘tramp vessel services.’ The European Commission says it has closed an investigation into alleged antitrust activities in the market for shipping bulk liquid chemicals on deep-sea routes. The commission will not impose fines on the shipping companies under investigation. The commission sent a statement of objections to leading chemical tanker operators, including Odfjell and Stolt-Nielsen, in April 2007, alleging that the companies were involved in “customer allocation, bid rigging, price fixing...

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