Month: December 2025

£54 Million Settlement Secured In Shipping Cartel Action

Class Representative Mark McLaren and Scott+Scott UK today announced a £54 million proposed settlement with the remaining two defendants in the Car Carrier Cartel: MOL and NYK. The approval of this settlement by the Competition Appeal Tribunal will conclude the claim against the Car Carrier Cartelists and take the total amount recovered to £92.75 million following earlier settlements with “K” Line, WWL/EUKOR, and CSAV in January 2025 and December 2023 respectively. The action against some of the world’s leading shipping companies was brought by consumer champion and class representative Mark McLaren and was originally valued at £150 million.