Public ID: PID-B6L63G
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.
4 February 2020
17 December 2020