GCTL8.com (FocusAsia Media Ltd)
WASHINGTON, Mar 24 (FAM) – The US Department of Justice (DoJ) has ordered top executives from several container shipping lines to testify in an antitrust investigation, Reuters reports.
Hong Kong Shippers’ Council chairman Willy Lin said: “We look forward to hearing their result.” Among those subpoenaed at a San Francisco meeting of the International Council of Containership Operators, known as the Box Club, were Denmark’s Maersk Line, Geneva’s Mediterranean Shipping Co (MSC), Germany’s Hapag-Lloyd, Taiwan’s Evergreen and Hong Kong’s Orient Overseas Container Line (OOCL).
None offered details on what exactly was being sought by the authorities, although OOCL said its subpoena called for the production of documents. Said OOCL trades director Stephen Ng: “OOCL has received a subpoena from the Department of Justice Antitrust Division calling for the production of documents. OOCL intends to comply fully with the subpoena.”