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Monday, 06 July 15
KOREA MIDLAND POWER COMPANY LIMITED ISSUED A TENDER FOR 250K MT BITUMINOUS COAL
Komipo LogoCOALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 250K Metric Tons (MT) of 5300 kcal/kg NAR coal for August 20 – October 15 loading for Boryeong Power Plant.

The total 250,000 Mt of 5300 NAR coal is required to be shipped in two shipments on Fixed Price FOBT, within 20 August to 15 October 2015 by 2 cape vessels.

According to Komipo’s tender terms, the bidders are requested to propose 2 shipment. The first 125000 MT of coal is required to be shipped at the port of loading within 20 August – 14 September 2015 and the second 125K MT of 5300 NAR coal is required to be shipped at the port of loading within 25 September to 15 October 2015.

KOMIPO requires the suppliers to offer coal with the quality such as Total Moisture (As received basis) Max. 15%, Volatile Matter (Air dried basis) Min 24 Max 45%, Fixed Carbon (Air dried basis) Max 60%, Total Sulfur(As received basis) Max 1.0% and Ash (Air dried basis) Max 23% for minimum 5300 kcal/kg coal on NAR basis.

According to the tender document, the bidders are requested to offer with quotation in a single fixed price up to feasible amount of coal in lots of 125,000MT(+/-10%).

Russian and Chinese coal are not allowed for this tender.

Submissions of bids should not later than 14:00 hrs on July 10, 2015 (Korean Standard Time).

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

Mr. Min-Soo Kim
General Manager / Fuel & Resource Team
Smartwork center Seoul Power Plant
Korea Midland Power Company Limited
56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea


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Tuesday, 30 June 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED $ 43.45 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and flat week over week, this past week. The Q3 swap was decli ...


Monday, 29 June 15
CFR SOUTH CHINA COAL SWAPS UP SLIGHTLY MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 0.57 (1.11%) per MT month over month. A commodity swap is a ...


Monday, 29 June 15
FOB NEWCASTLE COAL SWAP SLIGHTLY UP MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.49 per MT (1.08%) month over month to US$ 45.77 per mt. The swap was ...


Saturday, 27 June 15
THE FREIGHT MARKET WAS STEADY EARLIER IN THE WEEK; SOFTEN INTO WEEK'S END
COALspot.com: The freight market remain steady earlier in the week, but towards end of the week BDI and BCI shows some signs of softening. The ...


Friday, 26 June 15
INDONESIA COAL PRODUCTION FALLS BETWEEN JAN-MAY : JG
The Ministry of Energy and Mineral Resources announced that coal production declined to 166 million tons between January and May, a 19 percent drop ...


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