JAKARTA: Indonesia, the world's biggest thermal coal exporter, has allowed 37 loaded coal vessels to depart after they secured approvals from authorities, the Coordinating Ministry of Maritime and Investment Affairs said on Thursday .
"I request that this is supervised closely so this also becomes a moment for us to improve domestic governance," Luhut Pandjaitan, coordinating minister for Maritime and Investment Affairs, said in the statement. Indonesian authorities blamed the coal supply crisis on miners failing to meet a so-called Domestic Market Obligation , requiring them to sell 25 per cent of output to local buyers with a price cap at US$70 per tonne for power plants.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.