ISM: All tonnage segments reviews, real freight fixtures & commodity prices
Coaster Freight Index: Comprehensive data on shortsea shipping

New shipping rules may hurt Indonesia's coal ports


Indonesia's coal producers are concerned that the nation's new shipping rules will cut down on export volumes at its coal terminals, reports. The Indonesian Ministry of Trade has issued a regulation requiring certain cargoes - including coal and crude palm oil - to be exported aboard Indonesian vessels and insured with Indonesian insurers; this move is intended to boost the nation's shipping industry.

Note that the restriction on the flag state of vessels used in international trade is rare, and the Indonesia Coal Mining Association (ICMA) says that foreign commodity traders are getting scared off by the uncertainty surrounding the new regulation. If buyers cannot guarantee that they can secure shipping capacity for their cargoes, they may not be as willing to purchase Indonesian coal, the association warns. ICMA is calling for clear technical guidance on the rules in order to clarify how they will impact trade.

The regulation was enacted on October 31 and is expected to enter into force in late March. ICMA will be meeting with the Indonesian National Shipowners Association (INSA), the Indonesian Palm Oil Entrepreneurs Association (Gapki) and three government ministries to develop firm guidelines before the regulation takes effect.

Offices Location:

Tel. / fax: +38 056 375 79 17
Post address: Metal Expert,
48b, Naberezhna Peremogy,
Dnipro, 49094,

Metal Expert Russia
Post address: P/O box 60,
Moscow, 123060,

Metal Expert LLC
Post address: Metal Expert LLC,
2470, Hodges Bend Cir.,
Sugar Land, TX 77479,

Metal Expert Europe OÜ
+3 725 191 30 33
Silmu 7, Tallinn,
13516, Estonia
© 2004-2018 Metal Expert LLC