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Friday, 14 December 18
KOSPO INVITES BIDS FOR 1,177,000 METRIC TONS OF COAL FOR Q1' 19 LOADING

KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 701,000 MT of min 5,600 kcal/kg NCV coal and 476,000 MT Min. 4,300 kcal/kg NCV coal for 1Q 2019 loading.

According to Bid Notice No. K.Genco-Coal-2018-JT05, JT06 terms, coal suppliers are required offer 701,000 MT minimum 5700 kcal/kg NCV coal and 476,000 MT Min. 4,300 kcal/kg NCV (Single Mine only) on one single Fixed price (US$) FOBT Only.

Shipment Size (NCV Min. 5,600 kcal/kg)
5 Cape: 701,000 MT +/- 10% Shipping Tolerance.

Shipping Schedule (Loading Basis)
February, 2019

Shipment Size (NCV min 4,300kcal/kg)
6 Panamax: 476,000 MT +/- 10% Shipping Tolerance.  Single Mine only

Shipping Schedule (Loading Basis)
February - March, 2019

Price
One single fixed FOBT Price.

Quality (NCV Min. 5,600 kcal/kg)
Quality (based on ASTM standards) for 5600 kcal/kg NCV coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 36%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.4%
Net Calorific Value minimum 5600 Kcal/Kg minimum

Quality (NCV Min. 4,300 kcal/kg)
Quality (based on ASTM standards) for 4300 kcal/kg NCV coal
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.4%
Net Calorific Value minimum 4300 Kcal/Kg minimum

Procurement Method:International e-tender

Bid closing date
December 18, 2018 10:00 KST

The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.



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Recent News

Tuesday, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...


Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...


Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...


Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...


Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...


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