More than 20 bulk vessels detained in Indonesia
An imminent export ban on commodities in Indonesia is said to be the reason why more than 20 fully loaded Chinese dry bulk vessels are currently barred from departing.
BY JØRGEN RUDBECK
Authorities in Indonesia announced just before Christmas that the country, starting January 12, would no longer allow exports of unprocessed commodities such as nickel and aluminum ore, but it looks like the export ban has already come into force, and right now 20 fully loaded Chinese dry bulk vessels are stuck in limbo, unable to secure approvals for departing with their cargo.
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