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Monday, 17 December 18
SOUTH KOREA STATE-OWNED UTILITY KOREA EAST-WEST POWER CO. LTD ISSUED A TENDER FOR MAX 3.220 MILLION TONS OF 4200 TO 5900 NAR COAL
Korean East West Power LogoCOALspot.com: South Korea state-owned utility Korea East-West Power Co. Ltd (EWP) issued a tender for max 3,220,000 Metric Tons of coal to be loaded 1H'2019
 
According to Bid Notice No. EWP-Coal – 2018 – LT01~09 terms, EWP to purchase 3.22 million tons of coal as per following conditions:
 
2018 -LT01 
Quality : Min. 5,900kcal/kg NAR (Ash Max 15%) (Sulphur Max 0.4%)
Total Quantity for Each Tender : 560,000 MT
Unit Quantity for Each Tender : 280,000 MT
1st year Delivery Period Loading Basis : 280,000 mt (Russia: Mar.22 to June 11, 2019, Australia: Mar.11 to May 31, 2019, South Africa: Feb.27 to May 18, 2019, Columbia : Feb.27 to Apr. 20, 2019)
Price : FOBT Only
 
2018 -LT02
Quality : Min. 5,700kcal/kg NAR (Ash Max 17%) (Sulphur Max 0.5%)
Total Quantity for Each Tender : 560,000 MT
Unit Quantity for Each Tender : 280,000 MT 
1st year Delivery Period Loading Basis : 140,000  (Australia: Jan.22 to Mar. 10, 2019, South Africa: Jan.15 to Feb. 25, 2019 & Russian & Columbian Coal are not allowed) and  Australia: Mar.11 to May 31, 2019, South Africa: Feb.27 to May 18, 2019 & Russian & Columbian Coal are not allowed)
Price : FOBT Only
 
2018-LT03
Quality : Min. 5,700kcal/kg NAR (Ash Max 17%)(Sulphur Max 0.5%)
Total Quantity for Each Tender : 280,000 MT
Unit Quantity for Each Tender : 280,000 MT 
1st year Delivery Period Loading Basis : 140,000 mt (Australia: Jan.22 to Mar. 10, 2019, South Africa: Jan.15 to Feb. 25, 2019 Columbian Coal (CFR only) Russian Coal is not allowed (Unloading: Feb.16 to Mar.15, 2019) and Australia: Mar.11 to May 31, 2019, South Africa: Feb.27 to May 18, 2019, Columbia: Feb.27 to Apr.20, 2019 & Russian is not allowed (Unloading: Apr.01 to June 20, 2019)
Price : FOBT or CFR
 
2018-LT04
Quality : Min. 5,400kcal/kg NAR (Ash Max 20%) (Sulphur Max 0.5%)
Total Quantity for Each Tender : 560,000 MT
Unit Quantity for Each Tender : 280,000 MT 
1st year Delivery Period Loading Basis : 280,000 mt (Russia: Mar.22 to June 11, 2019, Australia: Mar.11 to May 31, 2019, South Africa: Feb.27 to May 18, 2019 and Columbia: Feb.27 to Apr. 20, 2019)
Price : FOBT only
 
2018-LT05
Quality : Min. 5,100kcal/kg NAR (Ash Max 20%) (Sulphur Max 0.4%) (VM 22%~38%) Single Mine Only
Total Quantity for Each Tender : 140,000 MT
Unit Quantity for Each Tender : 140,000
1st year Delivery Period Loading Basis : 70,000 (Indonesian: Feb.1 to Mar. 20, 2019, Australia or USA: Feb.1 to Mar. 10, 2019 & Russian is not allowed and Indonesian: Mar.21 to June.11, 2019, Australia or USA: Mar.11 to May 31, 2019 and Russian is not allowed)
Price : FOBT only
 
2018-LT06
Quality : Min. 5,100kcal/kg NAR (Ash Max 17%) (Sulphur Max 0.4%) (VM 22%~45%) Single Mine Only
Total Quantity for Each Tender : 140,000 MT
Unit Quantity for Each Tender : 140,000 
1st year Delivery Period Loading Basis : 70,000 mt (Indonesian: Feb.1 to Mar. 20, 2019, Australia or USA: Feb.1 to Mar. 10, 2019 and Russian is not allowed and Indonesian: Mar.21 to June.11, 2019, Australia or USA: Mar.11 to May 31, 2019 & Russian is not allowed)
Price : FOBT only
 
2018 -LT07
Quality : Min. 5,100kcal/kg NAR (Ash Max 17%) (Sulphur Max 0.4%) (VM 22%~45%) Single Mine Only
Total Quantity for Each Tender : 140,000 MT
Unit Quantity for Each Tender : 140,000 
1st year Delivery Period Loading Basis : 70,000 (Indonesian: Feb.1 to Mar. 20, 2019, Australia or USA: Feb.1 to Mar. 10, 2019 and Russian is not allowed and 70,000: Indonesian: Mar.21 to June.11, 2019, Australia or USA: Mar.11 to May 31, 2019 & Russian is not allowed)
Price : FOBT or CFR
 
2018 -LT08 
Quality: Min.4,500kcal/kg NAR (Ash Max 10%) (Sulphur Max 0.3%) Single Mine Only
Total Quantity for Each Tender : 560,000 MT
Unit Quantity for Each Tender : 280,000 to 560,000 
1st year Delivery Period Loading Basis : 280,000 to 560,000 mt (Russia: Mar.22 to June 20, 2019, Indonesian: Mar.21 to June.11, 2019, Australia or USA: Mar.11 to May 31, 2019 (Unloading: April.1 to June.20, 2019) 
Price : FOBT or CFR
 
2018-LT09 
Quality: Min.4,200kcal/kg NAR (Ash Max 10%) (Sulphur Max 0.3%) Single Mine Only
Total Quantity for Each Tender : 280,000 MT
Unit Quantity for Each Tender : 140,000 
1st year Delivery Period Loading Basis : 70,000 mt (Indonesian: Feb.1 to Mar. 20, 2019, Australia or USA: Feb.1 to Mar. 10, 2019 & Russian is not allowed and Indonesian: Mar.21 to June.11, 2019, Australia or USA: Mar.11 to May 31, 2019 & Russian is not allowed)
Price : FOBT only
 
Total Contractual Year shall be 3 years.
The 2nd and 3rd contract year of Each tender shall be July 2019 to June 2021.
The annual quantity of 2nd and 3rd year shall be 560kt of LT01~04, 280kt of LT05~07, 560kt~1,120kt of LT08 and 280kt of LT09.
 
Bid closing date
December 21, 2018 11:00 KST
 
The Bid documents shall be submitted and arrive in person, by mail or courier or by e-mail to the address below not later than the deadline.
 
Chang-Sup Cho / Managing Director, Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea  or coalbidding at ewp.co.kr


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Recent News

Wednesday, 12 June 19
KOSPO INVITES BIDS FOR 140,000 MT OF 4,600 NCV COAL FOR SEP. 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 140,000 MT of minimum 4,600 kcal/kg NCV coal ...


Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...


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This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...


Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...


Monday, 10 June 19
CONSECUTIVE OWNERS OF CARGO: WHO HOLDS TITLE AND THE RIGHT TO SUE? - COLIN BIGGERS & PAISLEY
KNOWLEDGE TO ELEVATE In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of ...


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