JAKARTA, Jan 6 — Major Indonesian coal miners have sought exemptions from a coal export ban put in place at the start of the year as the costs of having scores of ships stranded offshore continue to mount.
Bumi Resources, Indonesia’s biggest coal miner, said in an exchange filing that while the company was still analysing the financial impact of the export ban, it may lead to demurrage and penalty charges from the delay of deliveries. Adaro Minerals Indonesia, a unit of Indonesia’s second-largest coal miner Adaro Energy, said in a statement that it had asked to export metallurgical coal, which is used to make steel rather than generate power.Indo Tambangraya Megah, meanwhile, declared force majeure because of the export ban, director Yulius Gozali said in an email.
Japan, which imports 2 million tonnes of Indonesian coal a month, asked in a letter to Indonesia’s energy minister for the ban on high-caloric coal to be lifted and for authorities to give departure permits to five loaded vessels headed for Japan.
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