Indonesian coal miners losing business due to unclear shipping guidelines
Indonesia Coal Miners Association says Japanese buyers for example have already moved to other suppliers because of a lack of clarity. The association says its members are reporting that the diversion of business is no longer a threat but is something that is already happening
Technical guidance for stricter insurance rule was only issued one day before the deadline for implementation last year, creating a backlog at ports, and there are fears that these issues will be exacerbated if vessel fixtures cannot be confirmed early enough