MyCC Seeks Public, Stakeholders Feedback On Proposed VSA Block Exemption
KUALA LUMPUR, May 27 (Bernama) -- The Malaysia Competition Commission (MyCC) has invited all interested stakeholders and the public to provide their feedback on the proposed block exemption application for vessel sharing agreements (VSAs), as outlined in its consultation document.
In a statement today, MyCC said that in this application, the applicants are seeking a five-year extension of the current block exemption for VSAs in liner shipping services.
It said the current three-year exemption will expire on July 6, 2025.
“Public participation is vital for our assessment process, and we encourage all relevant stakeholders to submit their written feedback on this important matter,” it said.
The commission said it has launched the online public consultation for 30 days, starting today until June 27, 2025, following the completion of its preliminary assessment of the block exemption application.
“This consultation process is in line with the provisions of Competition Law,” it said.
It further said that the preliminary assessment -- the report of which was released today -- was conducted under the provisions of the Competition Act 2010 (Act 712).
MyCC noted the VSA block exemption applies exclusively to shipping services provided by vessel operators in ocean transport and does not cover any inland transportation of goods that form part of the carriage.
“This includes services provided by logistics providers, freight forwarders, depot operators, truckers, rail operators, off-dock facility providers, and warehousing service providers, regardless of whether these entities are affiliated with the vessel operators or otherwise,” it added.
-- BERNAMA