Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

Govt’s planned CIF shift fobs off problems to exporters

  • Linda Yulisman

    The Jakarta Post

| Fri, March 1 2013 | 09:13 am

PREMIUM Commodity exporters say that there are still snags blocking a government plan to introduce CIF shipping terms for freight.

The plan calls for a shift from FOB shipping, meaning free on board, to CIF, meaning cost, insurance and freight.

Derom Bangun, the chairman of the Indonesian Palm Oil Board (DMSI), said that local seaports had a limited ability to process overseas shipments, res...

Comments