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COAL-OREVOY

23 May 2022

COAL-OREVOY is a standard coal and ore voyage charter party. It is accompanied by its own bill of lading, COAL-OREVOYBILL 2016 . The latest edition of this contract is COAL-OREVOY, issued in 2003. Copyright in COAL-OREVOY is held by BIMCO.

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 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.