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Monday, 12 May 14
TAIPOWER TO IMPORT AROUND 1 MMT OF SUB-BITUMINOUS COAL DURING AUGUST 2014 THROUGH NOVEMBER 2014
COALspot.com - Taiwan Power Company intends to procure 1.050 million tons of sub-bituminous coal for Taipower thermal power plant through open tender. According to tender, the bidders can obtain the bidding document from May 12, 2014 to May 26, 2014 (Taipei time). Bidders are required to submit the bids on or before May 26, 2014 5:00 p.m (Taipei Time). Taiwan Power Company will open the received Technical & Commercial Proposal on May 27, 2013 at 09:30 am (Taipei Time).
1,050,000 tons of sub-bituminous coal required to deliver by 14 Panamax size vessels (75,000 +/- 10%) during August 2014 through November 2014.
As per tender, the Gross Calorific Value of coal should not lesser than 5,000 kcal/kg on as received basis, total moisture (arb) 28% max, Ash Content (adb) 15% max and total Sulphur (adb) not more than 1.1%. Meantime, Na2O in Ash (%) should not more than 2%, however If both actual (a) CaO+MgO>Fe2O3, and actual (b) CaO+MgO+Fe2O3 >20% are met, then Na2O in Ash can be raised to 5.0% Max based on ISO standard.
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 tender Invitation to Bid No. TPC10307-GS.
The tender document can be downloaded here
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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Wednesday, 21 May 14
SHIPPING: MARKET INSIGHT - GEORGE LAZARIDIS
The recent revision by the OECD of its global growth forecast has sparked a debate as to the potential outcome these new figures will have on seabo ...
Tuesday, 20 May 14
NEWCASTLE'S COAL EXPORT VOLUME UP 39.11 PERCENT WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 19 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, ...
Tuesday, 20 May 14
DRY BULK MARKET TO IMPROVE OVER THE COURSE OF 2014, BUT OVERSUPPLY STILL AN ISSUE SAYS BIMCO'S CHIEF SHIPPING ANALYST
As a gruelling first quarter edges closer to the end, dry bulk ship owners are looking at an improved second quarter demand, which, coupled with sl ...
Tuesday, 20 May 14
DRY BULK MARKET IS BOUND FOR A RECOVERY CLAIMS PARAGON SHIPPING'S HEAD MICHAEL BODOUROGLOU
The dry bulk market is bound for a recovery in the coming weeks, as the market will be better balanced, said Mr. Michael Bodouroglou, Chairman and ...
Monday, 19 May 14
INDO COAL SWAPS FOR AVERAGE Q3' 2014 DELIVERY LOST ON WEEK AND ON MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
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