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Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
EWP Korea LogoCOALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
 
According to the bid notice no. EWP-COAL–2019–LT06~08 terms and conditions, the bidders are required offer 140kt-280kt of Min. 5,600 kcal/kg NAR coal (2019-LT06) for Dec.2019 delivery, 140kt-420kt of Min. 5,600 kcal/kg NAR coal (2019-LT07) for Jan.2020-Mar.2020 delivery and 75kt-150kt of Min. 4,400kcal/kg NAR coal (2019-LT08) for Nov.2019~Dec.2019 delivery.
 
Loading Period
2019-LT06
1st year – 140kt - 280kt
2nd and 3rd Year - 2nd to 3rd year 280kt~560kt/year (delivery Jan.2020~Dec.2021)
 
2019-LT07
1st year – 140kt - 420kt
2nd and 3rd Year - 280kt-840kt/year (delivery Apr.2020-Mar.2022)
 
2019-LT08
1st year – 75kt~150kt
2nd and 3rd Year - 150kt~300kt/year (delivery Jan.2020~Dec.2021)
 
Price
One Single Fixed Price on FOBT
 
Restrictions:
Russian Coal is not allowed
 
Quality 
2019-LT06 & LT07 - Min. 5,600 kcal/kg NAR (Ash Max 17% & Sulphur Max 0.5%)
Total Moisture (arb) : Max. 15%
Volatile Matter (adb) : Min 22 - 38
Ash (adb) : Max 17%
Total Sulfur (arb) : Max 0.5%
Net Calorific Value : Min. 5600 Kcal/Kg minimum
 
2019-LT08 - Min. 4,400kcal/kg NAR (Ash Max 10% & Sulphur Max 0.5%)
Total Moisture (arb) : Max. 40%
Volatile Matter (adb) : Min 22 - 45
Ash (adb) : Max 10%
Total Sulfur (arb) : Max 0.5%
Net Calorific Value : Min. 4400 Kcal/Kg minimum
- Single Mine Only
 
Procurement Method
International e-tender
 
Bid closing date
10:00 A.M., 18th September, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted to Ki-Sung Hong / Managing Director, Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding at ewp.co.kr. If the bidder submits the bid documents by e-mail, the documents shall be locked. The bidder shall notify the password set up the subject documents by e-mail (coalbidding@ewp.co.kr) within 30 minutes after bid closing time.


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Recent News

Saturday, 18 January 20
A 61,400 DWT FIXED FROM SOUTH EAST ASIA DELIVERY EAST KALIMANTAN REDELIVERY WEST COAST INDIA IN THE LOW $7,000S - BALTIC BRIEFING
Capesize The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5T ...


Friday, 17 January 20
EIA ESTIMATES THAT U.S. COAL PRODUCTION DECLINED BY 65 MMST (9%) TO 690 MMST IN 2019. IN 2020, COAL PRODUCTION WILL DECLINE BY A FURTHER 14% TO 597 MMST
U.S. Coal Supply.  EIA estimates that U.S. coal production declined by 65 million short tons (MMst) (9%) to 690 MMst in 2019. In 2020, EIA ...


Friday, 17 January 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index, a gauge of coal p ...


Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far les ...


Wednesday, 15 January 20
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