Panama Canal to Restrict Daily Vessel Transits from 03 Sep-26

Panama Canal to Restrict Daily Vessel Transits from 03 Sep-26

The Panama Canal Authority will reduce daily vessel transits from 36 to 34 ships from 03 Sep-26, before lowering the limit to 32 ships/day from 15 Sep-26, amid declining water levels caused by reduced rainfall and El Niño. Rainfall around the canal fell 34% during May-Aug-26, while daily traffic had averaged c.35 vessels in Jun-26 versus normal capacity of 40 vessels. Transit costs have also increased, with some container vessels reportedly paying up to USD 4 mn per crossing. (IDN Times)

Forest Fires in Sumatra and Kalimantan Reached 1,006 Ha

Police reported that most forest and land fires (karhutla) in Sumatra and Kalimantan were deliberately started, rather than caused by natural factors such as El Niño. Authorities have identified 72 suspects, with 89 police reports filed across nine provinces, covering 1,006.67 hectares of burned land and 5,012 verified hotspots. The fires were allegedly set to clear land for oil palm plantations, with fuel such as Pertalite and diesel found among the evidence. (Bisnis.com)

PLN Targeted 7.9 GW Geothermal Capacity by 2033

PLN targets increasing installed geothermal capacity to 7.9 GW by 2033 from 2.8 GW currently, with 110 projects adding 5.1 GW, of which 85 projects totaling 4.5 GW will be developed by IPPs. PLN also plans to accelerate development through GEECA and SECA schemes, covering 79 projects with potential additional capacity of 3.1 GW, while PLN Indonesia Power and PGEO signed LoIs for the 15 MW Lahendong Binary and 30 MW Ulubelu Binary projects. (Kontan)

Singaraja Putra (SINI) Disbursed IDR 1.18 tn Loan to Subsidiaries

SINI disbursed IDR 1.18 tn in working capital loans to subsidiaries PKP and PBP on 21 Aug-26, following the execution of its rights issue, with IDR 633.25 bn allocated to PKP and IDR 547.03 bn to PBP, both carrying a 10.95% annual interest rate. The co. expects the related-party funding to reduce administrative costs and provide faster and easier access to financing without asset collateral requirements, supporting the subsidiaries' business expansion. (Kontan)