News

Following our web news of 15 February, it has been reported that implementation of the Indonesian Ministry of Trade’s Regulation 82/2017 is to be postponed for one year.

As reported in the press, the Indonesian Ministry of Trade’s Regulation no. 82/2017 on the Utilisation of Indonesian Sea Carriage and Insurance for Export of Certain Goods will come into effect from 31 April 2018.

​In a tense post municipal election context, Fode Mario Camara, Director of Budd’s Guinea office advises that the general teacher’s strike which started today (12 February 2018) could potentially lead to further violence and rioting in Conakry.

We would like to bring the attention of all Clubs and Members to the attached port circular stressing the importance of respecting certain stowaway prevention regulations in Dakar.

In Kinshasa and a number of other towns in DR Congo, peaceful protest marches were organised by the Committee of the Catholic Laity (CLC) on Sunday, 21 January 2018, with the aim of encouraging President Kabila to hold the general elections which have been under discussion since his mandate officially ended at the end of 2016.

Happy New Year from all at the Budd Group. Wishing all our clients and friends a prosperous and successful 2018!

We are looking forward to exciting new opportunities this year and to continuing to serve the maritime community as Correspondents to the world’s leading insurers and their insured.

The volcanic eruption of Mount Agung in Bali caused considerable disruption in the area due to the cloud of volcanic ash which reached as high as 3 km above the summit.

Talks continue between Indonesia and Malaysia regarding the improvement of their trade agreements, and how they might maximise agricultural and business opportunities over the border.

BUDD Indonesia would like to inform all Clubs and Members that the weather in the seas around the Indonesian ports is forecasted to be very bad this week

The roads surrounding and leading to the town of Apapa, which sits between the two seaports in Lagos, are under lockdown.