PROPOSED RENEWAL OF THE BLOCK EXEMPTION FOR VESSEL SHARING AGREEMENTS IN RESPECT OF LINER SHIPPING SERVICES THROUGH TRANSPORTATION BY SEA
Section 8(1) of the Competition Act 2010 lays the foundation for the Commission to grant a Block Exemption to a category of an agreement under section 4 which satisfied the four criteria that are provided under Section 5 of the Act.
On 17th March 2022, the Commission received the renewal application of the Block Exemption for the Vessel Sharing Agreements in respect of the Liner Shipping Services through Transportation by Sea from the Malaysia Shipowners Association (MASA) and the Shipping Association of Malaysia (SAM). The renewal application of the Block Exemption was made under the expiry of the similar Block Exemption that was granted earlier on 6 July 2022.
The Commission upon its assessment of the renewal application proposed to renew the said block exemption for another few years. The executive summary of the renewal application for the block exemption is enclosed in the pdf document below:
Executive Summary for The Renewal Application of the Block Exemption for Vessel Sharing Agreement in respect of Liner Shipping Services through Transportation by Sea
Under Section 9 of the Act, before granting and making a decision on the block exemption, the Commission is required to conduct a public consultation and give the members of the public and the stakeholders at least thirty (30) days to make any submission. Therefore, the public consultation for the renewal of the Block Exemption for the Vessel Sharing Agreements in respect of Liner Shipping Services will officially be started on 22 August 2022 until 21 September 2022. Any opinions, views, inputs, and feedback may be submitted by uploading the feedback in the following section or email to [email protected].
Upload Your Feedback for the Public Consultation
In view of the same, the MyCC will organize a Physical Public Consultation Session on the following date and venue to gather feedback from the stakeholder:
Date : 13 September 2022
Time : 9.30am – 1.00pm
Venue : The Westin, Bukit Bintang,
The public consultation session is FREE OF CHARGE and please propose names for us to reserve seats by filing the enclosed online attendance confirmation form before 9 September 2022. Kindly note that reservation is based on a first come first serve basis.
You may register by clicking the link below;
For further enquiries, please contact: