Liner Shipping Sector: Hong Kong Competition Commission excludes price discussions from proposed block exemption

The Hong Kong Competition Commission has announced its intention to issue a Block Exemption Order in relation to certain agreements between liner shippers:

  • The exemption would cover Vessel Sharing Agreements - subject to a 40% market share cap.
  • However, Vessel Discussion Agreements would be excluded, noting growing international divergence on this topic.
  • A three month public consultation period has now begun.

The process is a reminder of the burden of evidence and risks of making such applications.

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