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Monday, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg NCV coal for Sep. - Dec., 2019 loading.
 
According to the terms & conditions of bid notice no. KOSPO-Coal-2019-ELT06, bidders are requested to offer Min. 3 CAPE in lots of 133,000MT (for shipment from Newcastle, Australia) or 145,000MT (for shipment from any port except Newcastle) on FOBT price basis only for 1st contract year. Any Origin except eastern Russia, China & Indonesia are acceptebale
 
Shipment Size
3 X 133,000 - 140,000 MT (±10%) September , 2019 : 1 CAPE and October~December, 2019 : 2 CAPES
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Loading Schedule
Sep. - Dec., 2019. 
Deliveries of coal shall begin from September 2019 and shall continue thereafter for a period of three (3) years until December 2021.
 
Contract Period
1st year (September 2019 ~ December 2019)
2nd year (January 2020 ~ December 2020)
3rd year (January 2021 ~ December 2021)
 
Quality 
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.75%
Net Calorific Value Min. 5,600 Kcal/Kg ( max 5,600 Kcal/Kg)
 
Procurement Method
International e-tender
 
Bid closing date
10:00 June 14, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.


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Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
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, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw ...


Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...


Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...


Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...


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