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Indonesian Coral Exportation Ban Update Continued

Hi, Marty here with April’s industry update. As we touched on last month, the Indonesian coral ban is still in full swing. The only positive news that I can tell you at this time is that as we speak, there are 2 groups forming to further the mariculture (coral farming) processes in Indonesia. Unfortunately, the…

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Indonesian Coral Exportation Ban Update

For all of us in the industry, we are fully aware of the turmoil and volatility that goes hand-in-hand with the import-export trade in worldwide live commodities. As of May of 2018, the industry was blindsided by complete export closures from many island nations and republics of Indonesia. Indonesia is a vast area which includes…

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