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Whilst these purity levels have not yet been agreed, this leaves some doubt as to what cargoes will or will not be allowed for export. An extract from the Jakarta Post on the easing of the mineral export ban can be read here. We will provide updates should further information become available. 02 January 2014 Further to the message below we understand from correspondents Spica, that it has been reported in Indonesia that the proposed ban on mineral ore exports is likely to come into force on 12 January 2014. Member's should take steps to ensure that vessels do not find themselves in Indonesia part loaded on the 12th without the shippers having the necessary export licences in place. Clearly any cargo loading completed before that time should be unaffected, but caution should still be taken to ensure that loadings are not delayed. Loadings post the 12th should be unaffected, providing the necessary export permits are in place. We will provide further updates should the situation change. 11 December 2013 The Indonesian government has advised that, with effect from January 2014, Law No 4/2009 on Mineral and Coal development enters force. This law will enforce a ban on the export of all mineral ores and requires mining companies to process minerals in the country prior to export. As processing and purification facilities are unlikely to be operational when Law 4/2009 enters force, further regulations are currently being drafted which will allow mineral ore producers to export limited quantities under license. There is currently some uncertainty over the how the export ban will be implemented and enforced and so as a result of this there is potential for vessels to be delayed should loading not be completed prior to January 2014. North of England P&I Association, press release |
Indonesian Ban on Mineral Ore Exports