Indonesia: 48 Coal Vessels So Far Released for Export
Indonesia has so far allowed 48 coal export vessels to depart, a senior Trade Ministry official said on Tuesday, although the country's broader coal export ban remains in place until the end of the month.The world's biggest thermal coal exporter implemented an export ban on Jan.
Indonesia Talks on Coal Exports Put Off as Scores of Ships in Limbo
Indonesian authorities on Wednesday postponed a meeting with coal miners to discuss a ban on coal exports, as scores of ships moored off the coast due to load remained in limbo.The world's top exporter of thermal coal and China's largest overseas supplier on Saturday announced a ban on exports in January to avoid outages at its own generators.The ban sent thermal coal futures in China surging reflecting concerns it could threaten energy security in some of the world's biggest…
Indonesian Miners Demand Longer Transition for New Rule
Coal miners have called on the government to extend the transition period for implementing a new coal-export rule that creates longer procedures before shipment. In a change to previous arrangements, from Sept. 1 Indonesia, the world’s biggest exporter of thermal coal, will require miners to be registered exporters to allow them to ship the commodity overseas. To submit applications for the license, they must receive a recommendation from the Energy and Mineral Resources Ministry, which should issue a clear-and-clean status. Indonesian Coal Producers Association (APBI) chairman Bob Kamandanu welcomed the new regulation, but questioned the short transition period to adjust and comply with it, particularly because shipment procedures had become more complicated.
