The Maritime Department of Thailand is delaying implementation by 60 days of a new insurance requirement that resulted in widespread protests by ocean carriers, logistics providers and shippers of chemicals and other hazardous materials earlier this month. 

According to an announcement by the Maritime Department, and confirmed by carriers and others, enforcement of the new regulation has been moved from February 11 to April 12.

In recent days, a number of carriers have begun to announce continuation of acceptance of booking applications for dangerous goods loaded or unloaded at Thailand.  

The regulation, introduced in 2010, would require all ocean carriers transporting dangerous goods to and from Thailand to have insurance covering anyone effected by the loading and discharging of dangerous goods.

Carriers, agents and other concerned parties have vigorously protested the proposed trade rule, which requires insurance providing advance payment without any proof of fault, among other conditions.

BDP is actively monitoring the evolving status and potential impacts of the regulation.  Additional advisories will be forthcoming as verifiable information becomes available.