New Indonesia trade rule causes delay to some coal shipments-sources

A new Indonesian trade rule has caused delay to some coal shipments, particularly to Indian buyers, which could tighten supply from the world's top thermal coal exporter, said trade sources on Wednesday.

The trade ministry ordered surveyors in January to temporarily stop issuing surveyor reports to traders who are in the process of reapplying for trading permits under a new coal and mining law system. The surveyor reports are documents required for shipping the fuel.
Traders could not confirm how many cargoes were being delayed, but said vessels were being held up at ports. Source: Reuters