Singapore: Indonesia has 'stepped up to the plate' this year in terms of supplying thermal coal to western markets, according to Keith Denholm, commercial director of Robert Kuok-owned Pacific Carriers. Speaking at the International Dry Bulk Review, Denholm noted how this increasing trade had had a massive impact on the ton/miles scenario trading from the Pacific to the Atlantic and also providing sone 'pretty fruity' numbers for backhaul too. With this growth in Indonesian thermal coal exports - expected to total around 150m tons this year - Indonesia has also caught the 'congestion bug' which has afflicted other loading ports from Australia to India and Brazil. Delays off Kalimantan, Indonesia's premier coal producing area, are now around two weeks, he said. [26/09/06]
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