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Coal exporters licence issues hit 15% of Indonesia's seaborne supply
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Report summary
We understand that the Indonesian government has forbidden traders with old Tanda Registrasi (TR) and associated Ekspor Terdaftar (ET) licences to export coal since 1 July 2018. Only traders holding Izin Usaha Pertambangan Khusus untuk Pengolahan dan/atau Pemurnian (IUP OPK) and ET licences are allowed to export coal. The IUP OPK licence is required by traders to process and/or transport minerals including coal. This means ships already loaded by traders with a TR-ET licence will have to be unloaded back to the jetty. We try to gauge its impact on the seaborne trade.
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