On 4 July 2018, the Ministry of Corporate Affairs (MCA) extended the vessel sharing exemption applicable to the liner shipping industry from scrutiny under Section 3 of the Competition Act, 2002 (Exemption) for a further period of three years. The Exemption has been extended on an annual basis after its initial introduction in September 2012 with the last extension expiring on 19 June 2018.

The Exemption continues to apply to carriers of all nationalities, operating ships of any nationality from any Indian port provided such agreements exclude collusive practices involving fixing of prices, limitation of capacity or sales and the allocation of markets or customers.