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Indonesia Cabotage Rule May Lower Offshore Production

Maritime Activity Reports, Inc.

March 3, 2011

According to a report from Bloomberg, Indonesia’s offshore oil and gas output may drop as production and shipment of the fuels using foreign-owned vessels will be banned under the cabotage rule starting May 7, the nation’s oil and gas regulator said.

 
(Source: Bloomberg) 
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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