Malaysia - MyCC’s Public Consultation — Block Exemption For Vessel Sharing Agreement (“VSA”) In Respect Of Liner Shipping Services.

Legal News & Analysis - Asia Pacific - Malaysia - Shipping Maritime & Aviation

4 June, 2019

 

We have been informed by the Malaysia Competition Commission (“MyCC”) that they propose to renew for another three years the Block Exemption Order (“BEO”) granted to the Malaysia Shipowners Association (“MASA”) and the Shipping Association of Malaysia (“SAM”) in respect of liner shipping services covered under a VSA (A link to the BEO is enclosed below for your reference).
 
The earlier BEO granted is due to expire on 6 July 2019. The BEO allows liner shipping operators to offer, on the basis of individual confidential contracting, their own service arrangements, upon certain conditions.
 
For your information, MyCC is inviting public feedback on the above between 31 May 2019–29 June 2019.
 

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For further information, please contact:

 

Anand Raj, Partner and Co-Head of the Competition and Anti-Trust Practice Group, Shearn Delamore & Co​

anand@shearndelamore.com