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Years

Year: 2018

Guinea: Petrol Prices Spark Protests

A 25% increase in petrol prices (from GF 8,000 or US$ 0.89 per litre to GF 10,000 or US$ 1.11 per litre) resulted in barricades going up in the streets of Conakry on Friday, 6 July 2018.

Budd Group Network Updates

The very latest coordinates of all Budd’s offices and staff have just been published in the Budd App (search for budd group) and in the “Our Offices” section of our website.

Jakarta’s Port off War Risk List

Tanjung Priok Port in Jakarta was not on the War Risk blacklist published on 14 June 2018 because it has been declared safe for world shipping by the Joint War Committee (JWC).

Indonesia: Two New Implementation Dates for Regulation 82/2017

To the relief of many, the Director General of Foreign Trade, Oke Nurwan, has confirmed that the obligation under Regulation 82/2017 to use only vessels controlled by Indonesian companies for all coal or crude palm oil exports, as well as for rice and government procurement imports, has been postponed from 1 May 2018 to 2020.

HAPPY EASTER !

During the Easter Weekend (Monday, 2 April is a public holiday in many countries), the Budd Group’s staff are available via the 24/7 Emergency Contact no. +33 (0)1 84 88 08 41 or their mobiles.

Guinea: Protests Intensify

Following the failure of talks between government representatives and the teachers’ union, the teachers’ strike which started one month ago today, continues as tensions deepen throughout Guinea.

East Timor-Australia Maritime Boundary Treaty – Indonesia Next?

Australia and Indonesia’s neighbour, East Timor, have just signed a new maritime boundary agreement which sets the Timor Sea boundary on the median line between the two countries, giving East Timor sovereignty over a much larger share of the Greater Sunrise oil and gas field than Australia’s preferred option of a maritime seabed border on the edge of Australia’s continental shelf, a mere 50 nautical miles from East Timor’s coast.