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Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
KOMIPOCOALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origin to be burnt at Boryeong & Shin Boryeong Power Plants.
 
According to the tender No. KOMIPO-Bid Notice- 2018-SP02~03 terms, coal suppliers are required offer 480,000 MT minimum 5700 kcal/kg NAR coal on One single fixed price on FOBT for December 2018 to March 2019 loading. 
 
Shipment Size
220,000 MT - (1 Panamax,: 90,000 MT 1 Cape: 130,000 MT ) +/- 10% Shipping Tolerance. Panamax : Dec. 2018 Cape : Jan. 2019.
260,000 MT - (2 Cape: 130,000 MT) +/- 10% Shipping Tolerance. 1st shipment  : Jan. 2019 & 2nd shipment : Feb. ~ Mar. 2019
 
Price
One single fixed FOBT Price.
 
Origin
Australia only
 
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 0.9%
Net Calorific Value minimum 5700 Kcal/Kg minimum
 
Bid closing date
August 29, 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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Thursday, 16 August 18
COAL PRODUCTION AT 37.11 PERCENT OF FULL-YEAR TARGET - THE JAKARTA POST
Indonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year. ...


Thursday, 16 August 18
OIL MARKET HIGHLIGHTS - OPEC
Crude Oil Price Movements In July, the OPEC Reference Basket increased marginally by 5¢ m-o-m to settle at $73.27/b. Oil futures saw mixed ...


Tuesday, 14 August 18
THE CAPESIZE MARKET HAS SHOWN A TREMENDOUS COURSE DURING THE PAST 12 MONTHS - THOMAS CHASAPIS
The Capesize market has shown a tremendous course during the past 12 months, having quickly climbed out of the “hole that it had found itself ...


Monday, 13 August 18
A 50,200 DWT FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA REDELIVERY CHINA IN THE LOW $10,000S - THE BALTIC BRIEFING
Capesize Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atla ...


Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports. ...


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