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Monday, 31 July 17
KOMIPO INVITES BIDS FOR 750K MT OF 5,700 KCAL/KG NAR COAL
 COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 750,000 Metric Tons of Bituminous coal for its Boryeong Power Plant.
According to the tender, the annual quantity of coal to be purchased is 750,000 Metric Tons (MT) on One Single Fixed Price Based on FOBT. The coal shall be shipped at the port of loading in accordance with the following schedule:
125,000 Mt × 4 shipments of min 5,700 kcal/kg NAR coal to be loaded Oct 2017 and Second Half 2018. (Oct 2017 - Min:125k mt Max:250k mt and Second Half 2018 - Min:125k Max:250k mt). 125,000 Mt × 2 shipments of min 5,700 kcal/kg NAR coal to be loaded November to December 2017 (Min:125k mt and Max:250k mt).
Russian and Chinese coal is not allowed to attend the bidding.
According to the tender terms, total moisture (as received basis) of coal for Min 5,700 Kcal/kg NAR should not more than 15% and volatile matter (adb) restricted in between min 22% to max 38 %. The total sulfur (arb) of 5700 NAR coal also limited to max 1%, calorific value minimum 5700 kcal/kg and maximum 6100 kcal/kg NAR and Ash (adb) should not more than 17%.
Bidders can offer one single fixed price for up to a total tendering amount in lots of 125,000MT (+/-10%) One Single Fixed Price Based on FOBT.
Submissions of bids should not later than August 2, 2017, 14:00 hrs (Korean Standard Time).
The Bid documents can be submitted in person, by mail or courier not later than August 2, 2017 to Mr. You ShinKim/ General Manager / Fuel 1 Team, Smart work center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea.
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Wednesday, 24 October 18
MARKET INSIGHT - NASSOS SOULAKIS
Looking at 2018 SnP activity, it is evident that Greek, Chinese and North European (German and Norwegian) owners are the top buying nationalities, ...
Wednesday, 24 October 18
CHINESE POWER PLANT STOCKPILES AT HIGHEST LEVEL SINCE 2015 - JEFFREY LANDSBERG
Chinese power plant coal stockpiles have climbed to approximately 83.3 million tons as of the middle of this month, said Jeffrey Landsberg in his e ...
Tuesday, 23 October 18
WILL THE U.S. COAL DECLINE CONTINUE? - FORBES
What’s Trump’s new coal proposal?
Adding to its controversial plan to leverage federal authority to keep retiring baselo ...
Monday, 22 October 18
CONTINUED HIGH LNG PRICES; TRADE WAR IMPACT LIMITED - FITCH RATINGS
Fitch Ratings expects sustained high spot liquefied natural gas (LNG) and contract prices over the next two quarters on limited investment in LNG e ...
Monday, 22 October 18
WINTER OIL MARKET OUTLOOK - OPEC
The oil market in the winter season is generally characterized by demand for diesel, particularly in the northern hemisphere, leaving product marke ...
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