BIMCO: Changes ahead for coal export patterns?

coal export

On August 9, the Indonesian Energy and Mineral Resources Minister announced that 71 coal mining companies failed to meet their domestic market obligations, and that 48 of them are now banned from exporting coal. BIMCO notes that the ban comes into force just as the EU ban on Russian coal takes full effect and demand for non-Russian coal increases.

Indonesia is the world’s largest exporter of coal. In January 2022, the country had a full coal export ban in place with the aim of protecting...

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