July 3, 2018

Changes in Indonesian Government Policies


Some news about Indonesian coal business.
This is to inform you that due to some sudden changes in Indonesian Government Policies, export procedures have been changed with immediate effect. Exports being previously cleared on trade license now has to be processed under Miners Licenses along with export duties. Even the same is immediately functional for the shipments already loaded and therefore, no ship can sail or load further unless export duties and mine license documentation been done and therefore, all cargo already loaded has to be unloaded back to jetty.