Indonesia - Ore Export Ban Relaxed

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Press reports indicate the Government of Indonesia has relaxed the ore export ban that had previously been in place.

The export of materials such as nickel ore and bauxite may resume.

Risk of Liquefaction
Ores exported from Indonesia may be subject to the risk of liquefaction. Members will no doubt recall that several vessels carrying nickel ore from Indonesia have been lost. The club is also aware of some liquefaction issues with bauxite cargoes.

Nickel Ore Club Circulars
Members who are fixed to load nickel ore are reminded of the Club circulars in respect of the safe carriage of nickel ore and mandatory notification requirements.

In addition, Members may also be interested in our Loss Prevention material on the subject which can be found on our website.

It is currently unclear how quickly miners can respond to the relaxation of the ban and what permits will be necessary for export. Members should ensure that export documentation is closely scrutinised.

We will report further when details become available.

www.nepia.com/news/circulars/
www.nepia.com/lp-publications/