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Tuesday, 07 October 14
TAIPOWER TO IMPORT 525K MT OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com: Taiwan Power Company intends to procure 525,000 metric tons of low ash and extra low sulfur sub-bituminous coal for Taipower thermal power plant through an open tender.
The above 525,000 metric tons of low ash and extra low sulfur sub-bituminous 4,800 kcal/kg coal should be shipped by Seven (7) Panamax Size vessels, the tender norms says. All the seven panamaxes (75,000+/- 10%) required to be delivered to Taipower before April 2015 starting from December 2014.
According to, the Invitation to Bid (No.TPC10401-S ), the bidders can obtain the bidding document from October 6, 2014 to October 20, 2014 Office hours (Taipei time). Bidders are also required to submit the bids on or before 5:00 p.m. October 20, 2014 (Taipei Time).
According to bid notice, the Taiwan Power Company will open the received Technical & Commercial Proposal on 9:30 a.m. October 21, 2014 (Taipei Time).
As per Invitation to Bid, the Calorific Value of coal should not lesser than 4800 kcal/kg on gross received basis, total moisture (arb) 30% max, Ash Content (adb) 6% max and total Sulphur (adb) should not more than 0.2 %.
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. TPC10401-S.
The tender document can be downloaded at http://wftp.taipower.com.tw/d00904/subbituminouscoal.pdf
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, 08 October 14
OIL COULD FALL TO USD80 BEFORE SHALE SUPPLY RESPONSE - FITCH
COALspot.com: Brent oil could fall as low as USD80 a barrel before triggering a self-correcting supply response with shale-oil drillers cutting inv ...
Wednesday, 08 October 14
IS THERE ANY BRIGHT SIDE ON THE DRY BULK SEGMENT? - YANNIS OLZIERSKY
In the movie “Life Of Brian”, a character on a nearby cross was singing the famous “Always look on the bright side of life” ...
Tuesday, 07 October 14
SUB-BIT FOB INDONESIA COAL SWAP SHOWS A FLAT TO WEAK TREND THIS PAST WEEK
COALspot.com: Indonesian coal swaps November 2014 delivery flat week on week and gained US$ 0.10 (-0.20%) per mt day on day. The swap also lost US$ ...
Tuesday, 07 October 14
THE RIO TINTO CONFIRMS THAT NO DISCUSSIONS ARE TAKING PLACE WITH GLENCORE
COALspot.com: The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore.The Rio Tinto bo ...
Tuesday, 07 October 14
API 8 CFR SOUTH CHINA COAL SWAP HEADED SOUTH
COALspot.com: API 8 CFR South China Coal swap for delivery in November 2014 decreased US$ 1.10 (-1.64%) month over month and US$ 0.25 (-0.38%)  ...
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