Through Trade Ministry Regulation No. 82/2017 on the Terms of Use of National Shipping and Insurance Companies for the Export and Import of Certain Goods the Indonesian government requires exporters of crude palm oil (CPO), coal and rice to use ships that are owned by local sea transport companies as well as to use domestic insurance. This regulation will come into effect, gradually, per May 2018. In the first year of implementation, coal and CPO shipments from Indonesia will be required to be handled by vessels that are owned by Indonesian companies (and they have to obtain insurance at a national insurance company).
