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18 Carriers were heavily fined by MOC

07th June 2007

China’s Ministry of Communication (MOC) fined 1.35 million Yuan from 18 carriers under ISAA(Informal South Asia Agreement), IRSA(Informal Red Sea Agreement), IADA(Intra-Asia Discussion Agreement) & IRA(Informal Rate Agreement) for the following reason:

  • Violating rules to raise terminal handling charge level in South China starting from May 15, 2007;
  • Without filing the liner organization charter;
  • Without consultation with shippers;
  • Without reasons for raising THC level.

MOC announced that the collective agreements established by ISAA & IRSA are invalid. MOC also seriously warned ISAA secretariat for falsifying the filing documents.

The 18 carriers that were fined are:

  • MAERSK
  • UNITED ARAB
  • NORASTA
  • EVERGREEN
  • CMA CGM
  • OOCL
  • HAPAG LLOYD
  • APL
  • NYK
  • TOKYO SENPAKU KAISHA
  • SAMUDERA
  • MOL
  • PIL
  • WANHAI
  • HYUNDAI
  • YANGMING
  • THE SHIPPING CORP. OF INDIA
  • COSCO CONTAINER

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