Domestic Pioneer Sea Passenger Transport

Foreign ownership here is capped at 49% (TERBATAS), not fully closed: a foreign investor can hold a minority stake alongside an Indonesian majority partner. Pioneer (perintis) passenger routes are subsidised public-service routes, so in practice operators work under government route assignments and Indonesian-flag cabotage rules. In Bali the activity is not blocked by the local moratorium but carries a higher risk class — expect address verification and sector licensing before operating.