Sale and purchase of vessels is a sophisticated transaction which requires precise coordination of contractual obligations, regulatory compliance, financial arrangements, and registration formalities. Each phase carries legal and commercial implications that must be addressed with clarity and strategic foresight.
The flowcharts below have been prepared to present the key stages of a vessel sale and purchase in a structured, practical format. We hope this overview will assist you in navigating the process with greater confidence, reducing transactional risk, and ensuring that every step is aligned with sound legal and commercial judgment.
This publication is a summary overview of Indonesian laws and regulations prepared by IDS Attorneys team for discussion purposes only. The summary captures selected sections of the regulations and is not intended to be relied upon as legal advice. For further information on the above subject, please contact our team.
Immanuel A. Indrawan
Partner
iindrawan@idsattorneys.com
Amanda Eugenia Soeliongan
Associate
asoeliongan@idsattorneys.com
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