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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.

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