Thursday, June 11, 2026

Singamas Container Holdings Ltd

May 20, 2026

Global firms Singamas, China International Marine, Shanghai Universal, CXIC, top executives indicted for multibillion-dollar global conspiracy

Executives of leading manufacturing firms were indicted for conspiring to fix the prices of nearly all of the world’s standard unrefrigerated shipping containers.

Singamas Container Holdings Ltd. (Singamas),China International Marine Containers (Group) Co., Ltd. (CIMC),Shanghai Universal Logistics Equipment Co., Ltd. and CXIC Group Containers Co. Ltd. (CXIC)