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Wednesday, 06 July 16
KOMIPO INVITES BIDS FOR 780000 MT OF BITUMINOUS COAL
KOMIPOCOALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its Boryeong Power Plant.

Bidders are requested to offer with quotation in a fixed price up to feasible amount of coal in lots of 125,000 MT X 4 of 5,700 kcal/kg NAR coal for September-October2016 (125,000 mt × 2) and Q4' 2016 (125,000 mt × 2) delivery on FOBT and , 70,000 MT X 4 of 4,600 kcal/kg NAR coal for September - 4Q 2016 delivery on FOBT or CFR basis at bidder’s choice.

KOMIPO requires suppliers to offer Bituminous Coal with the quality such as total moisture (as received basis) max. 15%, volatile matter (adb) 22 – 36%, total sulfur (arb) max 1% and Ash (adb) max 17% and Min 5,700 on Net Calorific Value.

KOMIPO also requires the supplies of min 4,600 NAR Low calorific value coal with the quality such as total moisture (arb) Max. 28%, volatile matter (adb) 22 – 45%, total sulfur (arb) max 1% and Ash (adb) max 17%.

Submissions of bids should not later than 14:00 hrs on July 13, 2016 (Korean Standard Time).

The Bid documents can be submitted in person, by mail or courier not later than July 13, 2016 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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Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...


Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...


Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...


Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016. The Director General of Mine ...


Tuesday, 12 April 16
NO FURTHER SIGNIFICANT COAL PRICE DECLINES IN THE FUTURE - FITCH
COALspot.com: Fitch does not expect further significant coal price declines because producers sector-wide are suffering losses while China and Indo ...


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