Overseas shipping vessels cannot be registered in Indonesia
Trade barrier summary
According to the provisions of the Indonesian Commercial code (ICC) and the Shipping Law MOT Reg 39/2017, a foreign vessel can only be registered in Indonesia if it is in a joint-venture company – in which at least 51% of the share are owned by an Indonesia citizen.
Additional requirements include a gross tonnage of at least 7 tonnes.
The Minister of Transportation ("MOT") Regulation No. PM 39 (2017) states that registration includes: ownership rights; granting of mortgage; and other proprietary rights, such as bareboat charter and leasing.
The Shipping Law No. 17 (2008) states that vessels that do not meet registration requirements cannot acquire legal status.
Sectors affected
- Maritime
Resolved
No
Date reported
4 February 2020
Last updated
17 December 2020
Public ID
PID-B6L63G
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