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PIB Customs Bond Luxury Yacht Charter & Superyacht News

Bali to give visiting superyachts a warm welcome thanks to new Indonesia PIB regulations

December 12, 2011

Written by Chelsea Smith

In a meeting on the 8th of December 2011 in Bali with Asia Pacific Superyachts Indonesia, Ms Nyoman Rini, Head of Customs for Benoa Harbour, gave her full support to the new Indonesia PIB regulations, welcoming in a new era for superyachts visiting Indonesia. Under the old laws, a boat could be made to pay... ... read full story

PIB Customs Bond eliminated by Indonesian Customs Department

November 18, 2011

Written by Eva Belanyiova

PIB Customs Bond has been eliminated by the Indonesian Customs Department and substituted by a friendlier system, as announced by the Asia Pacific Superyachts on 16th November, 2011 during  a meeting in Denpasar, Bali. Richard Lofthouse of Asia Pacific Superyachts (APS) Indonesia reports, “The PIB Bond was a well-intentioned law that was often misapplied to... ... read full story

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