WWO fined $24m for criminal cartel conduct

acccfederal court
Written By Julie Clarke

On 18 June 2020 Wilhelmsen Ocean AS (WWO) pleaded guilty to criminal cartel conduct. It has now been convicted and ordered by the Federal Court to pay a fine of $24 million. This is the third criminal prosecution arising from the global shipping cartel.

Justice Wigney considered the conduct ‘extremely serious’ but nonetheless less serious than the conduct of NYK and K-Line, both of which had higher fines imposed.

See ACCC media release.

View judgment.

Julie Clarke
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