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Results for:European Union

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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.

Macro Economics: Demand supported by EU and US while China is creating uncertainty

08 October 2015

All eyes are on China in recent months as most other non-Chinese economic indicators have been dwarfed by the government’s actions and markets’ reactions. It is all of the things that we don’t know about the Chinese economy that is worrying, not the fact that the economy is in a transition phase which inevitably will drive down GDP growth and change import and export patterns.

Updated threat assessment for Red Sea, Gulf of Aden, Bab al Mandeb Strait, Northwest Indian Ocean

07 June 2023

A new Internationally Releasable Threat Assessments (IRTA) has been issued by Combined Maritime Forces (CMF) and EU Naval Forces. It is the assessment that the threat from Somali pirates and from terrorists is “benign” i.e. lower than low. However, there are threats related to the ongoing conflict between in Yemen between the Saudi-Led coalition and the Houthi rebel group. These threats are perceived as low for general shipping, but moderate to substantial to ships involved in the conflict in Yemen or engaged in oil activities near Yemeni ports.