Trade flows in the Indian Ocean are centered, with reliance on Indonesian coal for power and Russian coal for steelmaking.
2 reports, 2 independent
Updated Jul 26
Gone quiet
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
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What happened
Trade flows in the Indian Ocean are centered, with reliance on Indonesian coal for power and Russian coal for steelmaking.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Indian Ocean
ocean bounded by Africa, Asia, Australia, and Antarctica
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Indonesia
island country in Southeast Asia and Oceania
Related events
- High imports of Indonesian coal are driving up pressure on coal usage amid El Nino conditions, with power sector imports jumping 85.6%.
- Tensions in West Asia are affecting global trade routes, while India is situated at the heart of the Indian Ocean.
- Low water levels in the Barito River, caused by El Niño, are threatening to prolong dry conditions and constraining coal movements.
- Indonesia and Singapore are considering trade arrangements for energy exchange, specifically seeking alternative suppliers for fuel imports.
- Southeast Asian nations, including Indonesia and the Philippines, face challenges in energy transition due to heavy coal reliance and resource distribution.
Coverage
Newest first; wire copies grouped- wattsupwiththat.comAmerica Is Leaving a Global Coal Opportunity on the Table - Watts Up With That?
- hellenicshippingnews.com