Due to supply concerns at domestic power plants, Indonesian authorities banned coal exports during January 2022, removing around 30% of global coal volumes from the bulk market as a result. This caused Newcastle coal futures to increase by more than a third and added strain on coal inventories across Asia. The ban was lifted in …
The post BIMCO Shipping number of the week: Indonesian coal exports jump 11.5% to second-highest level on record first appeared on Hellenic Shipping News Worldwide.