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Monday, 27 June 16
INDONESIA BANS (AGAIN) SHIPS SAILING TO THE PHILIPPINES FROM INDONESIA
Barge and excavatorCOALspot.com: The Indonesian Transport Ministry strictly prohibited harbour masters issuing permits to all Indonesian-flagged vessels bound for the Philippines, without exception" after a series of kidnappings worsened maritime safety concerns, as reported by media.

According to reports, earlier last week, the government confirmed the latest abduction of seven Indonesian sailors at gunpoint by an unidentified group in Sulu, Philippines. This was the third incident of sailors being kidnapped off Philippines in the south of the country.

According to media reports, the kidnappers have reportedly demanded a ransom of around US$ 5 million from the owner of the boat, to release the hostages. The reports further said that Seven crewmen were held while the other six members and Tug boat have been released. The Tug boat Charles and barge departed Samarinda on June 4 with 13 crewmen.

The ban might affect the trade from Indonesia to the Philippines, as the Sulu and Celebes Sea, are the key waterway between Indonesia, Philippines, and Malaysia. Indonesia is one the largest supplier of power plant coal to Philippines.

Indonesian marine patrols in its waters bordering the southern Philippines to increase to ensure that no commercial ships are sailing there, says media reports.


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Friday, 10 June 16
INDONESIAN 6322 GAR COAL PRICE REFERENCE RISES TO $51.81 A TON
COALspot.com: The Indonesia Coal Benchmark Price increased in June 2016. The Director General of Mineral and Coal of Indonesia, the regulator ...


Friday, 10 June 16
WEEKLY U.S. COAL PRODUCTION TOTALED AN ESTIMATED 12 MMST IN THE WEEK ENDED JUNE 4, UP 4% W/W - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 12 million short tons (mmst ...


Wednesday, 08 June 16
BPI ACHIEVES FINANCIAL CLOSE FOR ITS 2000 MW POWER PROJECT IN CENTRAL JAVA
COALspot.com: PT Bhimasena Power Indonesia (BPI) on June 6th, 2016 Achieves financial close for its 2x1,000 MW power project in Batang Regency, Cen ...


Wednesday, 08 June 16
U.S COAL IMPORTS ARE PROJECTED TO BE 12 MMST IN 2016 AND 11 MMST IN 2017 - EIA
Coal Supply U.S. coal production in May was 50 million short tons (MMst), a 4 MMst (10%) increase from the previous month but 19 MMst (28%) lower ...


Wednesday, 08 June 16
THE DRY BULK MARKET KEPT MOVING SIDEWAYS LAST WEEK; SECOND HAND PURCHASES MOVING NORTH - INTERMODAL
Once again its Posidonia time and the biannual exhibition takes place during a very warm June here in Athens, as if the performance of the dry bulk ...


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