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Monday, 16 November 15
KOMIPO INVITES BIDS FOR 1.295 MILLION TONS OF BITUMINOUS COAL FOR Q1 - Q2'16
 COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,295,000 Metric Tons (MT) of minimum 4,600 kcal/kg NAR coal (420k), minimum 5700 kcal/kg NAR coal (375K) and minimum 5300 kcal/kg NAR coal (500K) for Q1-Q2 2016 loading for Boryeong Power Plant.
The total 375,000 tons of 5700 kcal/kg NAR coal is required to be loaded in 2 cape size ships for Jan 2016 loading, the total 500,000 tons of 5300 kcal/kg NAR coal is required to be loaded in 4 cape size ships for Q1 and Q2 2016 loading and the total 420,000 tons of 4600 kcal/kg NAR coal is required to be loaded in 6 Panamax size ships for Jan - March 2016 loading on fixed price from Single mine on FOBT basis.
According to tender, Bidders are required to offer for 1st contract year (Jan 2016~June 2016). The Price for the 2nd contract year (July 2016~June 2017) and 3rd contract year (July 2017~June 2018) will be negotiated by mutual agreement.
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 and max 45%, fixed carbon (air dried basis) max 60%, total sulfur (as received basis) max 1% and Ash (air dried basis) max 17% for minimum 4,600 kcal/kg coal on NAR basis while requirement for minimum 5,700 kcal/kg coal on NAR basis, the total moisture (as received basis) should not more than 15%, volatile matter (air dried basis) min 22 and max 36%, fixed carbon (air dried basis) max 60%, total sulfur(as received basis) max 1.0% and Ash (air dried basis) max 17%.
According to tender terms, the Chinese and Russian coals are not allowed to participate in this tender.
Submissions of bids should not later than 14:00hrs on November 20, 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, 03 November 15
EU OIL MAJORS FACE FURTHER EARNINGS DECLINE IN Q415 - FITCH RATINGS
The sharp drop in major European oil companies' third-quarter profits is likely to be extended in the fourth quarter as refining margins, which ...
Monday, 02 November 15
DESPITE CHALLENGING MARKET CONDITIONS, ADARO LOWERS COSTS, DEBT AND DELIVERS STRONG FREE CASH FLOW
COALspot.com: Despite challenging market conditions, Adaro lowers costs, lowers debt and delivers strong free cash flow.
The Indonesia’s ...
Monday, 02 November 15
CFR SOUTH CHINA COAL SWAPS CLOSED ON A WEAK NOTE
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.81(3.71 %) per ton month over month.
A commodity swap ...
Sunday, 01 November 15
THE FREIGHT MARKET SENTIMENT REMAINS WEAK
This week’s freight market sentiment remains weak compared to last week.
The Baltic Dry Index (BDI), an economic indicator issued daily ...
Saturday, 31 October 15
ADARO ENERGY'S CORE EARNINGS DECLINE 21 PER CENT FOR THE NINE MONTHS PERIOD TO SEPTEMBER 2015
COALspot.com: Adaro Energy's core earnings decline 21% to US$228 Million for first 9months of this year compared to the same period last year. ...
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- Romanian Commodities Exchange
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- Merrill Lynch Commodities Europe
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- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
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- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
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- Ministry of Transport, Egypt
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Eastern Coal Council - USA
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- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
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- SMG Consultants - Indonesia
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
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- Ceylon Electricity Board - Sri Lanka
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- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
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- Posco Energy - South Korea
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- Orica Mining Services - Indonesia
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- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
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- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
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- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
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- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
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- Therma Luzon, Inc, Philippines
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- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
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- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
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- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Australian Coal Association
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- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
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- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
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- Attock Cement Pakistan Limited
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- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
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- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
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