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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, 16 April 18
MINISTER IGNASIUS JONAN SPEAKS HIS MIND AT INDONESIA MINER - IAN WOLLFF
The Minister for Energy and Mineral resources, Ignasius Jonan, delivered a key note address at the Indonesia Miner conference in Jakarta on the 11 ...
Thursday, 12 April 18
THE PERFECT STORM FOR THE BIG SHIPS - THE BALTIC BRIEFING
Capesize
The perfect storm for the big ships: with holidays, force majeure in two ore exporting ports and bad weather undermining the market. A l ...
Thursday, 12 April 18
SHIPPING CAN MANAGE US-CHINA TARIFFS, BUT RISKS RISING - FITCH
Container and, to some extent, dry bulk would probably be the shipping segments most affected by the recently announced US and China tariffs, Fitch ...
Thursday, 12 April 18
SUPRAS HAVE FIXED MID $11K FOR AN INDO RV TO S. CHINA DELIVERY PHILIPPINES - FEARNLEYS
Supramax
Slow week with little light for improving rates. ECSA to Far East still around $15k + bb and same to Med ca $14k, says Fearnleys in its ...
Thursday, 12 April 18
ALWAYS ACCESSIBLE
KNOWLEDGE TO ELEVATE
On 26 March 2018 Mr Justice Knowles determined that the berth warranty ‘always accessible’ must mean the vess ...
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Showing 1741 to 1745 news of total 6871 |
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- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Planning Commission, India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
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