Norway's Hoegh Autoliners has denied South African accusations over price-fixing in the car carrier trade.

The country's competition authority has claimed Hoegh colluded to fix rates with Japan's MOL.

It added that the shipowner had been referred for prosecution on seven charges relating to collusive tendering, price fixing and market division.

"From around 2009, MOL and Hoegh engaged in prohibited practices in that they agreed and/or engaged in concerted practices as competitors to fix prices, divide markets and tender collusively," it added.