Indonesia’s ban on coal exports has eased slightly.
37 coal loaded vessels were allowed to depart after a partial solution was found
In a statement, the ministry said an export ban implemented on Jan 1 had been eased for miners that had met a requirement to sell a portion of their output for local power generation after the state utility procured enough coal at power stations to ensure 15 days of operations.
https://www.hellenicshippingnews.com/indonesia-relaxes-expor…
Is China still “punishing” Australia by cutting off their coal imports from down under?
I wonder how that is really working out for the Chinese.
OTFoolish
China only imports 10% of all their coal consumption. They can import cheap Russian coal to make up for any Australian or Indonesian not imported.
Jaak
Indonesia’s ban on coal exports has eased slightly.
37 coal loaded vessels were allowed to depart after a partial solution was found
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As a shipping expert please tell us how much coal is currently being shipped from the US Powder River Basin to China and from which US ports.
The Powder River Basin coal is in dire need of Pacific Coast ports for shipping to China. But the West Coast states are adamant about no expansion of coal exports from Pacific Coast states.
Jaak
Indonesia’s ban on coal exports has eased slightly. 37 coal loaded vessels were allowed to depart after a partial solution was found
www.spglobal.com/platts/en/market-insights/topics/metals-tra…
Indonesia has permitted 18 loaded thermal coal ships to sail, two weeks after imposing a blanket ban on exports, sources aware of the development told S&P Global Platts Jan. 13. Platts reported earlier in the day that 37 vessels may be released to sail if the owners had fulfilled their domestic market obligation, or DMO. Indonesian miners have an obligation to supply 25% of their annual production to the domestic market.
Out of the total 37, 16 loaded vessels were not released as they failed to meet their domestic obligation while two more were not loaded, according to a note seen by Platts from the Directorate General of Mineral and Coal…
Multiple ships loaded with coal bound for Japan are among 18 ships that Indonesia has granted permission to depart, an official with Japan’s Ministry of Economy, Trade and Industry told S&P Global Platts Jan. 14, as some Japanese power utilities carefully assess their impact on LNG requirements.
DB2
Indonesia may release additional 22 ships amid coal export ban
https://www.spglobal.com/platts/en/market-insights/latest-ne…
DB2