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Tuesday, 12 September 17
KOMIPO TO IMPORT 2.5 MILLION TONS OF 5700 NAR COAL FOR 5 YEARS
KomipoCOALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 500,000 Metric Tons of Bituminous coal for its Boryeong Power Plant per annum. Recently KOMIPO has issued a bid invitation for around 6.235 Million tons of 5100 - 5400 and 5700 NAR coal for 2017 to 2022. The bids submission date for this tender is 15 September 2017.

According to the tender, the total quantity of coal to be purchased is 2,625,000 Metric Tons (MT) for five years and two months on Index-linked to Global Coal Index on FOBT. The coal shall be shipped at the port of loading in accordance with the following schedule:

Quantity
LT05 -- 125,000 MT for November to December 2017 and 500,000 MT per annum for the period starting from year 2018, 2019, 2020, 2021 and 2022.

Shipment size
70,000MT (+/-10%)- 90,000MT(+/-10%), 130,000MT (+/-10%)

Quality (based on ASTM standards)
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 17%
Total Sulfur (arb) Max 1.0%
Net Calorific Value Min 5,700 Kcal/Kg

Shipment period
Nov - Dec 2017
CY 2018
CY 2019
CY 2020
CY 2021
CY 2022

Restrictions:
Russian and Chinese coals are not allowed to attend
Marketing companies and traders are not allowed to attend.

Bid closing date
September 19, 2017 12:00 kST

The Bid documents can be submitted in person, by mail or courier not later than August 16, 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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Recent News

Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes. According to the Germany Coal Importers Associati ...


Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening. Indo/China coal rounds are getting fixed arou ...


Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...


Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...


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 B ...


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