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Friday, 29 May 15
SOUTH KOREAN STATE-OWNED UTILITY KOREA MIDLAND POWER INVITES BIDS FOR 780K MT OF COAL FOR H2' 15
KOMIPO LogoCOALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to buy total 780K Metric Tons (MT) of HCV and LCV coal for Q3 and Q4 supplies for Boryeong Power Plant.

The total 780,000 Mt of HCV (500K) and LCV (280K) coal should be shipped on FOBT, within Q3 and Q4  2015 by four cape size vessels and four panamax vessels. Bidders are requested to propose 4 shipment. At least 2 shipment should be proposed for Q3. China and Russian coal are not allowed to offer, one of the tender norms says.

KOMIPO requires the suppliers to offer coal with the quality such as Total Moisture (As received basis) Max. 28%, Volatile Matter (Air dried basis) Min 22 Max 36%, Fixed Carbon (Air dried basis) Max 60%, Total Sulfur(As received basis) Max 1.0% and Ash (Air dried basis) Max 17% for minimum 4600 kcal/kg coal on NAR basis.

For 5700 kcal/kg on NAR basis, the Total Moisture (As received basis) should be Max. 15%, Volatile Matter (Air dried basis) Min 22 Max 45%, Fixed Carbon (Air dried basis) Max 60%, Total Sulfur(As received basis) Max 1.0% and Ash (Air dried basis) Max 17%.

According to the tender document, bidders are requested to offer a single fixed price for 125,000 Mt × 4 and 70,000 mt X 4 minimum two shipments in Q3 and Q4 of 2015.

Submissions of bids should not later than 14:00hrs on June 5, 2015 (Korean Standard Time). New bidders are not allowed to attend this tender.

The Bid documents can be submitted in person, by mail or courier to the address below not later than the deadline.

Mr. Min-Soo Kim
General Manager / Fuel & Resource Team
Procurement & cooperation Office
Korea Midland Power Company Limited
38, Teheran-ro 114-gil, Gangnam-gu, Seoul 135-851,
Republic of Korea


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Monday, 26 October 15
CFR SOUTH CHINA COAL SWAPS CLOSE DOWN 4.3% AS DEMAND CONCERNS WEIGH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US$ 1.48 (3.02 %) per ton month over month. A commodity sw ...


Sunday, 25 October 15
ANOTHER DISAPPOINTING WEEK FOR PANAMAX; INDEX FELL 5.4 PERCENT W-W
COALspot.com: The BDI was slightly up by 2.65 pct closing at 774 points mainly because of Cape index which was up by 10.85 pct closing at 1461 poin ...


Sunday, 25 October 15
DRY BULK SHIP OWNERS ARE LOOKING TO CHINA'S POLICIES FOR CUES ON FUTURE MARKET DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s hard or softer landing is a thing which has troubled dry bulk shipping for a couple of years now, as owners have been hit by the coun ...


Friday, 23 October 15
WILL INDIAN DOMESTIC COAL PRICES BE ABLE TO COMPETE IMPORTED COAL PRICES IF THE CURRENT TREND CONTINUES?
COALspot.com: The Most of the Indian end-users are waiting for last minute purchase to enjoy every drop in price. Coal procurement managers are als ...


Friday, 23 October 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING OCTOBER 17 DECLINED FOR THE SECOND STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...


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