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Thursday, 21 November 13
TAIPOWER TO PROCURE 750K MT OF 5500 GAR BITUMINOUS COAL FOR MAY - AUGUST 2014
 COALspot.com: Taiwan Power Company intends to procure 750,000 metric tons of bituminous coal with calorific value not lesser than 5,500 kcal/kg on as received basis for Taipower thermal power plant through open tender. This is the second invitation of bids issued by company within this week. Taipower has issued two invitation of bids within this week to procure totaled around 1.575 million tons of 5000 and 5500 gar coal starting from March 2014 until August 2014.
According to the Invitation to Bid No. TPC10303-LK, the bidders can obtain the bidding document from 20 November to December 3, 2013 (Taipei time). Bidders are also required to submit the bids on or before 3 December 2013 at 17:00 hrs (Taipei Time).
According to bid notice, the Taiwan Power Company will open the received Technical & Commercial Proposal on 4 December, 2013 at 09:30 hrs (Taipei Time).
750,000 tons of sub-bituminous coal required to deliver by 10 Panamax vessels (75,000 +/- 10%) during May 2014 through August 2014.
As per Invitation to Bid, the Calorific Value of coal should not lesser than 5,500 kcal/kg on as received basis, total moisture (arb) 22% max, Ash Content (adb) 8% max and total Sulphur (adb) should not more than 1%.
The firms including foreign coal mine owners, foreign coal producers, foreign and local agents and trading companies are allowed to bid the tender and Taipower is also allowing bidders to offer single shipment or multiple shipments against the Invitation to Bid No. TPC10303-LK.
The tender document can be downloaded at http://wftp.taipower.com.tw/d00904/lkbituminouscoal.pdf
Taipower has issued two invitation of bids within this week to procure totaled around 1.575 million tons of 5000 and 5500 gar coal starting from March 1014 until August 2014.
About Taipower
“Taiwan Power Company” (Taipower) state-owned enterprise established on May 1, 1947. The company’s major business items are power development, power supply, investment in power- related businesses, energy technology services, management consulting services, real estate development, rental and leasing business, etc.
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Saturday, 12 October 13
PANAMAX: OWNERS ARE AT US$ 17-18.5K PER DAY; CHARTERERS ARE AT US$ 15.5-16K - CAPT. REDDY
COALspot.com - The futures market was heavily down on the cape size vessels and the physical average charterer rates on cape size vessels dropped by ...
Friday, 11 October 13
DRY BULK FREIGHT RATE POSITIVE MOMENTUM TO BE SUPPORTED BY HIGHER DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO released its latest short term research on the shipping markets, estimating that the elevated level of Capesize TC average rates i ...
Friday, 11 October 13
US COAL PRODUCTION FALLS 7.70% IN SEPTEMBER
COALspot.com – United States the world’s second largest coal producer produced approximately 17.70 million short tons (mmst) of coal in ...
Thursday, 10 October 13
NPC AUSTRALIA SHIPPED 2.99 MILLION TONS OF COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 12.04 per cent week on week to 2.99 million mt for ...
Thursday, 10 October 13
SEVERAL PANAMAX FIXTURES FOR 1 YEAR TC HAVE BEEN REPORTED AROUND $13.5K/DAY - FEARNRESEARCH
Handy
The market is not much fancy as several holidays in the Far East last week. Tonnage side seems tight in SE Asia but there are many of them in ...
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