Indonesia’s unprocessed ores and minerals export regulation: boon for large bulkers, but bane for smaller segments

Indonesia’s ban on exports of unprocessed ores and minerals will result in reduced nickel ore trade, hurting the demand for small bulkers. However, with bauxite trade shifting to Guinea-China from Indonesia-China, large bulk carriers will gain employment. The Indonesian government has decided to bring forward to early 2020 its plan to ban exports of nickel …