Japanese Shippers Shift Blame In Automakers' Cartel Lawsuit

By Joanne Faulkner (April 26, 2022, 6:13 PM BST) -- Tokyo-based shipper NYK has denied it owes compensation to a rival if automakers win their price-fixing lawsuit seeking damages after a shipping cartel was fined €395 million ($421 million) by European authorities.

Nippon Yusen Kabushiki Kaisha said in High Court documents filed Friday that it cannot be held liable to a subsidiary of K-Line if names including Audi and Porsche are awarded damages over claims the container companies conspired to set maritime shipping fees.

Kawasaki Kisen Kaisha Ltd. wants a declaration that NYK will cover some of the costs if Kawasaki continues to fight the automakers' case and loses. NYK denied...

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