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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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Tuesday, 24 May 16
WEEKLY CS COAL INDICES NEGATIVE FOR ALL TYPES OF COAL EXCEPT 3800 GAR COAL
COALspot.com: Average 5000 GAR coal index of Indonesian origin was down 0.10 percent week over week to averaging $38.90 per ton this past week, sho ...


Monday, 23 May 16
A PERFECT STORM FOR INDONESIAN STEAM COAL EXPORTS - CLARKSON RESEARCH
Indonesia is the world’s leading steam coal exporter, accounting for over 40% of global seaborne steam coal exports since 2010. However in 20 ...


Monday, 23 May 16
THE PANAMAX INDEX WAS UP 17 POINTS W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this week. The freight market was firm and all ...


Friday, 20 May 16
SHIPBUILDING CONTRACTS: CAN I CANCEL? SHOULD I CANCEL? - THE SHIPOWNER CLUB
KNOWLEDGE TO ELEVATE There are many circumstances in which a buyer of a new-build vessel might want to terminate or cancel their contract with ...


Friday, 20 May 16
U.S COAL PRODUCTION FOR THE WEEK ENDED 14 MAY TOTALED 11.4 MMST; UP 3.8% W/W
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.4 million short tons (mm ...


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