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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, 04 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
For yet another time, the market seems to have its own drivers. After a very disappointing first half, the recent recovery in the shipping market i ...


Tuesday, 20 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.   ...


Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...


Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...


Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...


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