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Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
 COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origin to be burnt at Boryeong & Shin Boryeong Power Plants. KOMIPO is also inviting bids for 480,000 mt of min 4600 NAR coal from Global coal miners. However Chinese as well as Russian coals are not allowed to participate min. 4600 NAR coal tender.
According to the tender No. KOMIPO-Bid Notice-2018-LT01/LT02 terms, out of 520,000 mt of total requirement around 260,000MT mt (2 cape sizes shipments) of minimum 5700 kcal/kg NAR coal to be purchased based on Index-linked to Global Coal Index on FOBT Australia. The Cargo loading should be completed by Aug. 2018 and Oct. or Nov. 2018. The remaining 260,000 mt of coal should be supplied Q1 & Q2 2019.
For 4700 NAR coal Inquiry, 240,000MT of 4700 NAR coal should be supplied August, September and October 2018 by 3 panamaxe vessels to be purchased basis one Single Fixed Price Based on FOBT.
Shipment Size
Shipment size shall vary from 130,000mt to 180,000mt (cape size) or from 70,000mt to 90,000mt(Panamax) vessel 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.
Price
5700 NAR coal: FOB Evaluation Price = Newcastle GlobalCoal Index of 3rd May 2018(U$101.47) less [ ]% or Plus [ ]% x Bidder’s guarantee NAR/6,000Kcal/kg. The pricing method and price for the remaining cargo of 2nd half CY2 (260,000MT), CY3 to CY5 (520,000MT/year) shall be negotiated later on a mutual Basis.
4600 NAR coal: The price for shipments during the period of CY2 (remaining cargoes), CY3 to CY5 shall be negotiated on a mutual basis.
Origin
5700 NAR coal: Australia only
4600 NAR coal: Any country except Russia and China
Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 23%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 5700 Kcal/Kg
Quality (based on ASTM standards) for 4600 NAR coal
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - Max 45%
Ash (adb) Max 23%
Total Sulfur (arb) Max 0.50%
Net Calorific Value minimum 4000 Kcal/Kg
Restrictions
New bidders are not allowed to attend this tender
Bid closing date
May 14, 2018 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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Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...
Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize
Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...
Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...
Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...
Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...
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Showing 1716 to 1720 news of total 6871 |
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- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
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- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
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- Thiess Contractors Indonesia
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- Samtan Co., Ltd - South Korea
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- Bhoruka Overseas - Indonesia
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- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
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- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
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- Indian Energy Exchange, India
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- IEA Clean Coal Centre - UK
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- Jaiprakash Power Ventures ltd
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- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
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- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
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- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Sojitz Corporation - Japan
- Economic Council, Georgia
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- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
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- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
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- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
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- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
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- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
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- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
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- New Zealand Coal & Carbon
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- Aditya Birla Group - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
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- The University of Queensland
- Merrill Lynch Commodities Europe
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- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
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- Bayan Resources Tbk. - Indonesia
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- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Romanian Commodities Exchange
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- Petron Corporation, Philippines
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- Riau Bara Harum - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
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- London Commodity Brokers - England
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- The State Trading Corporation of India Ltd
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- Eastern Energy - Thailand
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- Electricity Generating Authority of Thailand
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- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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- Holcim Trading Pte Ltd - Singapore
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- South Luzon Thermal Energy Corporation
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