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Wednesday, 03 January 18
KOMIPO TO BUY 130K TONS OF MIN. 5700 NAR COAL FOR FEB 2018 LOADING
 COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130k Metric Tons of min. 5700 NAR coal to be burnt at Boryeong power plant.
According to the tender, 130,00 Metric Tons (MT) of minimum 5700 kcal/kg NAR coal to be purchased basis one Single Fixed Price Based on FOBT. The Cargo loading should be completed in February 2018.
Shipment Size
Shipment size shall vary from 130,000mt to 180,000mt depending on KOMIPO’s in-house fleet vessel availability. Seller shall have no right to refuse loading of the cargo due to KOMIPO’s vessel size. For the avoidance of doubt, KOMIPO reserves the right to dispatch its in-house vessel fleet without any consultation with Seller. Either plus or minus 10% shipping tolerance shall be allowed for each shipment.
Origin
All coals to be purchased from this tender shall be South African coal.
Payment Terms
Only T/T payment (Telegraphic Transfer through cash against identified documents) shall be allowed in this bid. Bidders who require mandatory L/C (Letter of Credit) payment method shall be disqualified. For the avoidance of doubt, KOMIPO shall not evaluate the proposal which obligates KOMIPO to accept L/C payment.
Quality (based on ASTM standards)
Total Moisture (arb) Max. 16%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 20%
Total Sulfur (arb) Max 1%
Net Calorific Value minimum 5700 Kcal/Kg
Bid closing date
January 5, 2017 14:00 KST
The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ 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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Sunday, 13 December 15
THE LOW VESSEL DEMANDS PUSHED DOWN BALTIC DRY INDEX FURTHER DOWN
COALspot.com: The low vessel demand across nearly all vessel sizes pushed the Baltic Exchange’s main sea freight index further down in this F ...
Sunday, 13 December 15
DRY BULK RATES KEEP ON FALLING AS LOW VESSEL DEMAND IS STILL THE NORM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market nowadays is in an endless downward spiral, which as it turns out is unable to recover, at least as long as the current balance ...
Friday, 11 December 15
US COAL PRODUCTION UP 7.7% IN WEEK ENDED DECEMBER 5, 2015
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.1 million shor ...
Thursday, 10 December 15
LIENING CARGO - WHICH LIEN CLAUSE APPLIES TO THE BILL OF LADING? : WIKBORG REIN | HELLENIC SHIPPING NEWS
KNOWLEDGE TO ELEVATE
In a dry bulk market where a charterer is not paying freight or hire, its counterparty is often left to consider whether ...
Thursday, 10 December 15
CANADIAN MINER TECK ANNOUNCES LNG HAUL TRUCK PILOT PROJECT
Teck Resources Limited is piloting the use of liquefied natural gas (LNG) as a fuel source in six haul trucks at its Fording River steelmakin ...
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- Bhoruka Overseas - Indonesia
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- Holcim Trading Pte Ltd - Singapore
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- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
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- Singapore Mercantile Exchange
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- Eastern Energy - Thailand
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- Borneo Indobara - Indonesia
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- Orica Mining Services - Indonesia
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- India Bulls Power Limited - India
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- Jorong Barutama Greston.PT - Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
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- New Zealand Coal & Carbon
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- The Treasury - Australian Government
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- Ministry of Transport, Egypt
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