Indonesia Delays New Rules to Limit Coal, Palm Oil Shipments

Indonesia has postponed indefinitely the application of new rules that would limit shipments of coal and palm oil exports to only national shipping companies, a Coordinating Economic Ministry official said on Tuesday.

The rule will only be applied once vessel requirements have been calculated and satisfied by the trade ministry, shipping industry and coal and palm oil exporters, Elen Setiadi, acting chief of trade and industry at the Coordinating Economic Ministry, told Reuters by phone.

The rules were due to take effect in April, but had raised concerns among coal and palm oil producers and shipping companies.


(Reporting by Bernadette Christina Munthe; Writing by Fergus Jensen; Editing by Christian Schmollinger )