Indonesia limits coal exports – could increase bulk demand

A total of 48 mining companies in Indonesia have been ordered not to export coal as they have not met their obligation to sell to their home market. The ban could increase demand for dry bulk capacity.

Photo: Jens B'ttner/AP/Ritzau Scanpix

Authorities in Indonesia, the world’s largest coal exporter, have banned 48 mining companies from selling coal abroad.

According to the country’s energy and mining ministry, a total of 71 mining companies have been neglecting their duty to supply their home market with coal, leading to an export ban for 48 companies, according to an update from Bimco.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Sea Cargo Charter hesitates to raise climate ambitions

The climate ambitions of the Sea Cargo Charter initiative have been criticized by several members, but it seems they still don’t stand to be raised, Chair Jan Dieleman tells ShippingWatch. For over a year, the initiative has considered raising the bar.

Further reading

Related articles

Latest news

See all jobs