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Kawasaki Kisen Pleads Guilty to Price Fixing

Maritime Activity Reports, Inc.

September 26, 2014

Japanese shipping company Kawasaki Kisen Kaisha will pay a $67.7 million fine and plead guilty to participating in a conspiracy to fix prices and rig bids to internationally ship cargo that included cars and trucks, the U.S. Justice Department said on Friday.

(Reporting by Aruna Viswanatha)