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.

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.

According to Sinoship the shipowners have been unable to procure information concerning the withholding of the departure permits, but an unnamed source in a subsidiary to carrier China Shipping points to the impending export ban as the reason. He also criticizes the Indonesian ports for having loaded the ships without procuring the proper export permits for the cargo.

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