World’s Biggest Thermal Coal Exporter Revokes Rules As Buyers Divert

Indonesia revokes rules requiring domestic ships for some exports, as the government foresees that it would be disruptive for exports.
The rules require exporters of coal and palm oil to use domestic shipping companies for shipments.
Indonesian shipping companies do not have enough vessels to cater for Indonesia’s exports of the fuel.
A number of coal buyers from Japan have diverted their purchases from Indonesia due to uncertainties over the implementation of the rules.

Indonesia’s...