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Indonesia blocks exports from 48 coal miners as EU’s Russian coal ban begins

11 August 2022

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

COAL-OREVOYBILL 2016

23 May 2022

The COAL-OREVOYBILL is a charter party bill of lading for shipments of coal and ore cargoes under the COAL-OREVOY charter party. The latest edition of this bill of lading is COAL-OREVOYBILL 2016. This amended edition incorporates the International Group of P&I Clubs/BIMCO Himalaya Clause for Bills of Lading and other contracts 2014, an updated layout and signature box, and a reference to the York-Antwerp Rules 2016 in respect of the Rules according to which General Average should be adjusted. Copyright in COAL-OREVOYBILL 2016 is held by BIMCO.

COAL-OREVOYBILL

29 August 2020

The latest edition of this bill of lading is COAL-OREVOYBILL 2016 . Copyright in COAL-OREVOYBILL is held by BIMCO.

Coal shipments to India fall 9% as domestic mining increases

05 October 2023

During the first nine months of 2023, coal shipments to the world’s second largest importer of seaborne coal, India, fell 9% y/y. A 12% y/y rise in domestic coal mining replaced imports and electricity production continued to rise despite lower production from hydro power.

Russian coal shipments fall 14% as sanctions bite

22 February 2024

During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistical challenges started to emerge. Two years after the start of the war in Ukraine, sanctions on Russia are limiting the country’s ability to export coal.