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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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Recent News

Sunday, 21 June 15
SPOT RATE AVERAGES FOR FREIGHT FROM INDONESIA TO INDIA REMAIN STRONG THIS WEEK
COALspot.com: The freight market was quite firm this week compared to last week. The BDI was up 21% week on week and closed at 779 points. The cape ...


Friday, 19 June 15
U.S. WEEKLY COAL PRODUCTION UP SLIGHTLY COMPARED TO LAST WEEK; CONTINUES TO BE DOWN FROM LAST YEAR
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 15.4 million short ...


Friday, 19 June 15
INDONESIA'S COAL-TRAFFICKING PROBLEM REQUIRES IMPARTIAL INQUIRY - JAKARTA GLOBE
Indonesia, the leading supplier to the seaborne thermal coal market, produces 420 million tons of coal per year, according to its official tally. ...


Thursday, 18 June 15
DRY BULK SHIPPING: LOWEST FLEET GROWTH IN 10 YEARS MAY NOT PROVE ENOUGH AS DEMAND IS NOT KEEPING PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The demand side of things in the dry bulk market seems unable to keep pace with even the slightest fleet growth, a sign of the demise that the indu ...


Thursday, 18 June 15
THE FAR EAST HANDYSIZE, HANDYMAX, SUPRAMAX MARKET REMAINED STEADY LAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market closed off on Friday (last week) noting small gains on the back of stronger performance in the Panamax segment, w ...


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