Indonesia bans coal exports for January due to low supplies at domestic power plants
Indonesia has banned coal exports in January because of concerns that low supplies at domestic power plants could cause widespread blackouts.
Read moreIndonesia has banned coal exports in January because of concerns that low supplies at domestic power plants could cause widespread blackouts.
Read moreIn collaboration with the cargo experts at CWA International, The Swedish Club has produced cargo advice to assist shipowners and operators in the daily operation of their vessels.
Read moreCoal is an important, widely-used source of energy. However, its carriage as a cargo is associated with a number of hazards and it must be carried according to the relevant regulatory requirements.
Read moreFollowing China's decision to suspend the purchases and the offload of Australian coal back in October 2020, the region now plans to allow some stranded Australian coal shipments to unload despite the ban.
Read moreThe UK Club notes that a great number of vessels are loading Australian coal, which leads to delays in receiving authorization to discharge in Chinese ports, providing its insight on the issues arising from the delay.
Read moreThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently designated six entities and identified four vessels related to the transport of North Korean coal.
Read moreThe UK Defense Club reports that a number of ships loaded with Australian coal are experiencing significant delays in receiving authorization to discharge in Chinese ports.
Read moreChina has suspended purchases of Australian coal, with ports having instructions not to offload the commodity. These measures are part of the political relations with Canberra, which made Beijing tightly control imports of the fuel.
Read moreIn light of the COVID-19 pandemic and the disruption that has caused within the shipping industry, Chinese ports experience substantial delays to vessels carrying imported coal to China, in particular coal loaded in Australia.
Read moreMany of China’s major bulk imports, such as iron ore and crude oil, have seen strong growth so far this year despite the COVID-19 pandemic, but imports of coal have followed the opposite trajectory, says Peter Sand, Chief Analyst at BIMCO.
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