TheJakartaPost

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

Association urges postponing new coal shipping rules

Viriya P. Singgih (The Jakarta Post)
Jakarta
Wed, April 4, 2018 Published on Apr. 4, 2018 Published on 2018-04-04T09:14:43+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Coal is loaded onto a tanker in this undated file photograph. Coal is loaded onto a tanker in this undated file photograph. (Courtesy of/mbss.co.id)

T

he Indonesian Coal Mining Association (APBI) has called on the government to postpone implementing a new shipping policy that will oblige coal and crude palm oil (CPO) exporters to ship their commodities using only domestic shipping companies and insurance services.

The policy is stipulated in Trade Minister Regulation No. 82/2017, which was issued last October and was to take effect at the end of April 2018.

As of today, APBI executive director Hendra Sinadia said, the government was still unable to guarantee the readiness of the country’s shipping industry, including the number of local vessels available for exporting coal.

“Such data should have been prepared before the regulation was issued. Hence, what we need now is for the government to revise the regulation [and] provide some certainty, especially for our foreign buyers,” Hendra said on Tuesday.

“Maybe it will take around a year or two years for the government to properly complete its data gathering before [it can] implement this kind of policy,” he added.

The Trade Ministry's data shows a total of 25,352 domestic vessels as of 2016, of which only 1.8 percent could be used to export coal.

Nearly 43 percent of the domestic fleet has been in operation for 16-25 years, while many countries apply age restrictions for foreign-flagged tankers entering their ports. (bbn)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.