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South Africa Raids Maersk, MSC in Shipping Collusion Probe

  • Six shipping companies’ premises searched after tip-off
  • Antirust regulator investigates allegations on cargo rates
Updated on

South Africa’s Competition Commission searched the premises of six shipping companies including AP Moeller-Maersk A/S as part of an investigation into allegations that they colluded to fix incremental cargo rates between Asia and South Africa.

The antitrust regulator started raids on premises of local operations of Copenhagen-based Maersk and its Safmarine unit, Hamburg Sued Group, Mediterranean Shipping Co., Pacific International Lines Pte Ltd. and CMA CGM SA in the Western Cape and KwaZulu-Natal provinces, it said in an e-mailed statement on Wednesday. The investigation was triggered by a tip-off from a member of the public, the Pretoria-based commission said.