COALspot.com keeps you connected across the coal world
  • MAY 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 81.86 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
KomipoCOALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origin to be burnt at Boryeong & Shin Boryeong Power Plants. KOMIPO is also inviting bids for 480,000 mt of min 4600 NAR coal from Global coal miners. However Chinese as well as Russian coals are not allowed to participate min. 4600 NAR coal tender.

According to the tender No. KOMIPO-Bid Notice-2018-LT01/LT02 terms, out of 520,000 mt of total requirement around 260,000MT mt (2 cape sizes shipments) of minimum 5700 kcal/kg NAR coal to be purchased based on Index-linked to Global Coal Index on FOBT Australia. The Cargo loading should be completed by Aug. 2018  and Oct. or Nov. 2018. The remaining 260,000 mt of coal should be supplied Q1  & Q2 2019.

For 4700 NAR coal Inquiry, 240,000MT of 4700 NAR coal should be supplied August, September and October 2018 by 3 panamaxe vessels to be purchased basis one Single Fixed Price Based on FOBT.

Shipment Size
Shipment size shall vary from 130,000mt to 180,000mt (cape size) or from 70,000mt to 90,000mt(Panamax) vessel depending on KOMIPO’s in-house fleet vessel availability. Seller shall have no right to refuse loading of the cargo due to KOMIPO’s vessel size. For the avoidance of doubt, KOMIPO reserves the right to dispatch its in-house vessel fleet without any consultation with Seller. Either plus or minus 10% shipping tolerance shall be allowed for each shipment.

Price
5700 NAR coal: FOB Evaluation Price = Newcastle GlobalCoal Index of 3rd May 2018(U$101.47) less [ ]% or Plus [ ]% x Bidder’s guarantee NAR/6,000Kcal/kg. The pricing method and price for the remaining cargo of 2nd half CY2 (260,000MT), CY3 to CY5 (520,000MT/year) shall be negotiated later on a mutual Basis.

4600 NAR coal: The price for  shipments during the period of CY2 (remaining cargoes), CY3 to CY5 shall be negotiated on a mutual basis.

Origin
5700 NAR coal: Australia only
4600 NAR coal: Any country except Russia and China

Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 23%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 5700 Kcal/Kg

Quality (based on ASTM standards) for 4600 NAR coal
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - Max 45%
Ash (adb) Max 23%
Total Sulfur (arb) Max 0.50%
Net Calorific Value minimum 4000 Kcal/Kg

Restrictions
New bidders are not allowed to attend this tender

Bid closing date
May 14, 2018 14:00 KST

The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ General Manager / Fuel 1 Team, Smart work center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...


Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants   Surge in coal imports has now forced Coal India Ltd (CIL) ...


Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...


Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...


Wednesday, 17 April 19
LNG WESTERN AFRICA CONFERENCE 2019
The only LNG Focus Platform to Accelerate Investment and Cooperation in Western African Countries   LNG Western Africa Conference 2019 ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5472
News by Category
Popular News
 
Total Members : 26,167
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Thermax Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Maheswari Brothers Coal Limited - India
  • Heidelberg Cement - Germany
  • Samtan Co., Ltd - South Korea
  • KEPCO - South Korea
  • Jatenergy - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Fearnleys - India
  • Bulk Trading Sa - Switzerland
  • PetroVietnam Power Coal Import and Supply Company
  • SRK Consulting
  • Attock Cement Pakistan Limited
  • Cardiff University - UK
  • The University of Queensland
  • Indika Energy - Indonesia
  • GB Group - China
  • Deutsche Bank - India
  • Holcim Trading Pte Ltd - Singapore
  • Thriveni
  • Anglo American - United Kingdom
  • Vitol - Bahrain
  • CoalTek, United States
  • Indonesian Coal Mining Association
  • Pendopo Energi Batubara - Indonesia
  • CCIC - Indonesia
  • IMC Shipping - Singapore
  • Vedanta Resources Plc - India
  • Standard Chartered Bank - UAE
  • Jindal Steel & Power Ltd - India
  • Lanco Infratech Ltd - India
  • Bhoruka Overseas - Indonesia
  • Coal Orbis AG
  • Jorong Barutama Greston.PT - Indonesia
  • Ministry of Finance - Indonesia
  • Arutmin Indonesia
  • WorleyParsons
  • Africa Commodities Group - South Africa
  • Arch Coal - USA
  • Chamber of Mines of South Africa
  • Power Finance Corporation Ltd., India
  • Romanian Commodities Exchange
  • IHS Mccloskey Coal Group - USA
  • Kobe Steel Ltd - Japan
  • Grasim Industreis Ltd - India
  • Gresik Semen - Indonesia
  • MEC Coal - Indonesia
  • Peabody Energy - USA
  • South Luzon Thermal Energy Corporation
  • Minerals Council of Australia
  • Uttam Galva Steels Limited - India
  • LBH Netherlands Bv - Netherlands
  • JPower - Japan
  • Parliament of New Zealand
  • Sinarmas Energy and Mining - Indonesia
  • Australian Coal Association
  • Bharathi Cement Corporation - India
  • Inco-Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Trasteel International SA, Italy
  • Chettinad Cement Corporation Ltd - India
  • Runge Indonesia
  • Maersk Broker
  • Alfred C Toepfer International GmbH - Germany
  • EMO - The Netherlands
  • Formosa Plastics Group - Taiwan
  • Ambuja Cements Ltd - India
  • Antam Resourcindo - Indonesia
  • Planning Commission, India
  • HSBC - Hong Kong
  • Eastern Coal Council - USA
  • UBS Singapore
  • Inspectorate - India
  • Posco Energy - South Korea
  • India Bulls Power Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • TeaM Sual Corporation - Philippines
  • Toyota Tsusho Corporation, Japan
  • Sindya Power Generating Company Private Ltd
  • Core Mineral Indonesia
  • Bhushan Steel Limited - India
  • McConnell Dowell - Australia
  • Mitsubishi Corporation
  • Xindia Steels Limited - India
  • Panama Canal Authority
  • Sojitz Corporation - Japan
  • Mintek Dendrill Indonesia
  • Indorama - Singapore
  • Jaiprakash Power Ventures ltd
  • OPG Power Generation Pvt Ltd - India
  • McKinsey & Co - India
  • Rio Tinto Coal - Australia
  • Bank of China, Malaysia
  • Oldendorff Carriers - Singapore
  • Infraline Energy - India
  • Thai Mozambique Logistica
  • TNPL - India
  • Essar Steel Hazira Ltd - India
  • Idemitsu - Japan
  • Vijayanagar Sugar Pvt Ltd - India
  • PLN Batubara - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Platts
  • CESC Limited - India
  • Berau Coal - Indonesia
  • The Treasury - Australian Government
  • Deloitte Consulting - India
  • Coastal Gujarat Power Limited - India
  • KPMG - USA
  • International Coal Ventures Pvt Ltd - India
  • Glencore India Pvt. Ltd
  • Kumho Petrochemical, South Korea
  • Maybank - Singapore
  • Total Coal South Africa
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • GMR Energy Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • IBC Asia (S) Pte Ltd
  • Orica Australia Pty. Ltd.
  • Petrosea - Indonesia
  • SMG Consultants - Indonesia
  • New Zealand Coal & Carbon
  • Salva Resources Pvt Ltd - India
  • Noble Europe Ltd - UK
  • Miang Besar Coal Terminal - Indonesia
  • Thomson Reuters GRC
  • Surastha Cement
  • Permata Bank - Indonesia
  • Xstrata Coal
  • Gujarat Sidhee Cement - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • CIMB Investment Bank - Malaysia
  • Savvy Resources Ltd - HongKong
  • Electricity Generating Authority of Thailand
  • PowerSource Philippines DevCo
  • Samsung - South Korea
  • Sical Logistics Limited - India
  • Dalmia Cement Bharat India
  • Goldman Sachs - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • World Coal - UK
  • PTC India Limited - India
  • APGENCO India
  • Meenaskhi Energy Private Limited - India
  • Tanito Harum - Indonesia
  • Mercuria Energy - Indonesia
  • ETA - Dubai
  • RBS Sempra - UK
  • Mitra SK Pvt Ltd - India
  • NALCO India
  • VISA Power Limited - India
  • Singapore Mercantile Exchange
  • Billiton Holdings Pty Ltd - Australia
  • ICICI Bank Limited - India
  • Enel Italy
  • Shenhua Group - China
  • Directorate General of MIneral and Coal - Indonesia
  • Madhucon Powers Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • ASAPP Information Group - India
  • J M Baxi & Co - India
  • Georgia Ports Authority, United States
  • Coeclerici Indonesia
  • Energy Link Ltd, New Zealand
  • Qatrana Cement - Jordan
  • Indian School of Mines
  • Japan Coal Energy Center
  • PLN - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • SUEK AG - Indonesia
  • Indian Oil Corporation Limited
  • DBS Bank - Singapore
  • TANGEDCO India
  • EIA - United States
  • Port Waratah Coal Services - Australia
  • Independent Power Producers Association of India
  • Coaltrans Conferences
  • bp singapore
  • Simpson Spence & Young - Indonesia
  • Kobexindo Tractors - Indoneisa
  • IEA Clean Coal Centre - UK
  • Commonwealth Bank - Australia
  • Parry Sugars Refinery, India
  • Ministry of Transport, Egypt
  • Aditya Birla Group - India
  • Global Coal Blending Company Limited - Australia
  • Central Electricity Authority - India
  • Star Paper Mills Limited - India
  • Vizag Seaport Private Limited - India
  • Kaltim Prima Coal - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Cemex - Philippines
  • GHCL Limited - India
  • Mechel - Russia
  • European Bulk Services B.V. - Netherlands
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Makarim & Taira - Indonesia
  • London Commodity Brokers - England
  • Russian Coal LLC
  • Leighton Contractors Pty Ltd - Australia
  • Altura Mining Limited, Indonesia
  • Manunggal Multi Energi - Indonesia
  • KOWEPO - South Korea
  • Australian Commodity Traders Exchange
  • White Energy Company Limited
  • Kapuas Tunggal Persada - Indonesia
  • Directorate Of Revenue Intelligence - India
  • PNOC Exploration Corporation - Philippines
  • Cement Manufacturers Association - India
  • Coalindo Energy - Indonesia
  • KPCL - India
  • BRS Brokers - Singapore
  • ING Bank NV - Singapore
  • Platou - Singapore
  • Edison Trading Spa - Italy
  • Ernst & Young Pvt. Ltd.
  • Malco - India
  • Ministry of Mines - Canada
  • Renaissance Capital - South Africa
  • Gupta Coal India Ltd
  • Shree Cement - India
  • Adani Power Ltd - India
  • CNBM International Corporation - China
  • Larsen & Toubro Limited - India
  • IOL Indonesia
  • Thiess Contractors Indonesia
  • The India Cements Ltd
  • Geoservices-GeoAssay Lab
  • Agrawal Coal Company - India
  • Banpu Public Company Limited - Thailand
  • Asia Cement - Taiwan
  • Interocean Group of Companies - India
  • Coal India Limited
  • Pinang Coal Indonesia
  • Cargill India Pvt Ltd
  • Straits Asia Resources Limited - Singapore
  • Bhatia International Limited - India
  • World Bank
  • Merrill Lynch Bank
  • Cosco
  • TNB Fuel Sdn Bhd - Malaysia
  • GNFC Limited - India
  • Barasentosa Lestari - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Tata Power - India
  • Bukit Baiduri Energy - Indonesia
  • Economic Council, Georgia
  • Barclays Capital - USA
  • Sucofindo - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • OCBC - Singapore
  • JPMorgan - India
  • Wood Mackenzie - Singapore
  • Timah Investasi Mineral - Indoneisa
  • Karbindo Abesyapradhi - Indoneisa
  • Kalimantan Lumbung Energi - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • SASOL - South Africa
  • Cigading International Bulk Terminal - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • NTPC Limited - India
  • Thailand Anthracite
  • Bangkok Bank PCL
  • Humpuss - Indonesia
  • Mercator Lines Limited - India
  • Indonesia Power. PT
  • Clarksons - UK
  • ACC Limited - India
  • Rudhra Energy - India
  • SGS (Thailand) Limited
  • Aboitiz Power Corporation - Philippines
  • Reliance Power - India
  • ANZ Bank - Australia
  • Metalloyd Limited - United Kingdom
  • Central Java Power - Indonesia
  • Price Waterhouse Coopers - Russia
  • globalCOAL - UK
  • Bank of America
  • Medco Energi Mining Internasional
  • PetroVietnam
  • Bangladesh Power Developement Board
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • MS Steel International - UAE
  • Eastern Energy - Thailand
  • Riau Bara Harum - Indonesia
  • Moodys - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Indogreen Group - Indonesia
  • Argus Media - Singapore
  • The State Trading Corporation of India Ltd
  • Orica Mining Services - Indonesia
  • Ince & co LLP
  • U S Energy Resources
  • Marubeni Corporation - India
  • Borneo Indobara - Indonesia
  • Lafarge - France
  • Siam City Cement - Thailand
  • Tata Chemicals Ltd - India
  • Malabar Cements Ltd - India
  • Tamil Nadu electricity Board
  • Freeport Indonesia
  • Siam City Cement PLC, Thailand
  • Bahari Cakrawala Sebuku - Indonesia
  • Sree Jayajothi Cements Limited - India
  • BNP Paribas - Singapore
  • Adaro Indonesia
  • Asian Development Bank
  • Credit Suisse - India
  • Wilmar Investment Holdings
  • Mjunction Services Limited - India
  • Videocon Industries ltd - India
  • Mitsui
  • Intertek Mineral Services - Indonesia
  • Coal and Oil Company - UAE
  • Latin American Coal - Colombia
  • Sakthi Sugars Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Bukit Makmur.PT - Indonesia
  • Carbofer General Trading SA - India
  • Indo Tambangraya Megah - Indonesia
  • Merrill Lynch Commodities Europe
  • UOB Asia (HK) Ltd
  • Britmindo - Indonesia
  • Vale Mozambique
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Maruti Cements - India
  • GVK Power & Infra Limited - India