The Directorate General of Shipping, (DGS) on October 01, 2024, issued a notification Invitation for Public Comments and Stakeholder Consultation on the Draft Notification on Regulations for Vessel Sharing Agreements (VSAs).
These regulations are developed under Section 54 of the Competition Act, 2002, focusing on better representation of Indian shipping lines and addressing anti-competitive practices. Stakeholders are invited to provide feedback through a questionnaire, with responses due by October 8, 2024. Input is sought to refine the regulation, balancing the interests of Indian flag vessels and other maritime entities.
[Notification No. 6752: 15-14011/1/2021-MSL – DGS]
