Trade and markets
 

Detail

Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/04/2018
Policy Category
Other
Policy Instrument
Transport infrastructure
Description
Postponed the implementation of regulations requiring exporters of palm oil to use exclusively Indonesia-flagged vessels until 2020.
Notes
The Government of Indonesia delayed until 2020 regulations requiring exporters of palm oil to use exclusively Indonesia-flagged vessels. Aimed at fostering the local shipping industry and saving foreign exchange, the new rule was originally scheduled to take effect in April 2018. Reportedly, concerns over the availability of local vessels have led to the postponement in the implementation date.