New Update to Shipping Legislation: Indonesian Authorities Strengthen Regulations for the Shipping Industry

The Indonesian shipping industry has recently undergone a notable transformation with the introduction of Law No. 66 of 2024. This legislation represents the third amendment (“Third Amendment”) to Law No. 17 of 2008 concerning Shipping, which was previously modified by Government Regulation in Lieu of Law No. 2 of 2022 on Job Creation (“Shipping Law”). […]