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Friday, 07 June 19
KOEN INVITED BIDS FOR 1.87 MILLION TONS OF COAL FOR JULY - OCTOBER 2019 DELIVERY
KOEN KoreaCOALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,700,000 to 1,870,000 Metric Tons (MT) steam coal for the 1st contract year. The successful bidders except Russian origin shall be increased contract volume from CY2 to CY3 up to 150% the quantity offered for CY1. In case of Russian origin, shall be increased volume from CY2 to CY3 up to 130% the quantity offered for CY1.
 
According to the bid notice no. KOEN-Coal-2019-LT03~LT04 terms and conditions, the bidders are required offer 650,000 to 750000 tons of Min. 5,400 NCV coal (TS :Max 0.8%),  Min.4,600 and 
Max.5,200 NCV coal (TS :Max 0.6%) and Min.4,600 and Max.5,000 NCV coal (TS :Max 0.6%) on one single fixed price on FOBT for CY1 (Only Cape). 
 
Shipment Size
Cape:over 130,000MT 
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Loading Schedule
July to Oct, 2019 
 
Quality (Min.5,400 (TS :Max 0.8%))
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.8%
Net Calorific Value Min. 5400 Kcal/Kg minimum
 
Quality (Min. 4,600 - Max. 5,200)
Total Moisture (arb) Max. 30%
Volatile Matter (adb) Min 22 
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.6%
Net Calorific Value Min. 4,600 - Max. 5,200
 
Quality (Min. 4,600 - Max. 5,000)
Total Moisture (arb) Max. 30%
Volatile Matter (adb) Min 22 
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.6%
Net Calorific Value Min. 4,600 - Max. 5,000
 
Procurement Method
International e-tender
 
Bid closing date
10:30A.M., 12th of June, 2019 (Korean Standard Time).
 
The Bid documents shall be submitted through the designated e-mail address (warroom1@koenergy.kr) not later than the dead line. The Bidder shall inform KOEN for submission of bid documents by phone (82-70-8898-1321, 1326) no later than bid closing time.


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Wednesday, 11 September 19
THE INDONESIAN COAL PRICE REFERENCE FELL HEAVILY IN SEPTEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
We are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the bel ...


Monday, 09 September 19
INDIAN COMPANIES READY TO INVEST IN DEVELOPMENT OF NEW COAL DEPOSITS IN RUSSIA'S YAKUTIA - TASS
Indian metallurgical companies, which received trial batches of coal from Kolmar mining company, are satisfied with the quality of the products and ...


Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Colombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same ...


Monday, 09 September 19
ULTRAMAX: ASIA A 58,000-TONNER FIXED DELIVERY FUZHOU, VIA INDONESIA, REDELIVERY CHINA, AT $12,800
Capesize 0px The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed ...


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