On 8 August 2017, the Commission issued the Competition (Block Exemption For Vessel Sharing Agreements) Order 2017 ("Order"). The Order is due to expire on 8 August 2022.
On 5 August 2021, the Commission commenced a review of the Order.
In light of the Commission's provisional findings from the review, the Commission is proposing to renew the Order for a further term of four years, and now launches a consultation on the proposal. Interested parties are invited to submit representations to the Commission. The consultation will assist the Commission in making a final decision on the future of the Order.
The Commission has published a notice issued under s.20(2) of the Competition Ordinance regarding its proposal to renew the Order (using the variation procedure in the Ordinance). For further details of this case, please click here.
This consultation shall close at 6 p.m. on 6 June 2022.