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Friday, 14 December 18
KOSPO INVITED BIDS FOR 320,000 MT OF LOW CALORIFIC VALUE COAL
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,300 kcal/kg NCV coal per annum starting from 2019 to 2021.
 
According to Bid Notice No. KOSPO-Coal-2018-SC-ELT06 terms, coal suppliers are required offer 320,000 MT minimum 4,300 kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
 
Shipment Size
80,000×4 Panamax +/- 10% Shipping Tolerance. 
 
Contract Period: Three (3) years
1st year : (February 2019 - May 2019)
2nd year: (June 2019 - May 2020)
3rd year: (June 2020 - May 2021)
 
Deliveries of coal shall begin from February 2019 and shall continue thereafter for a period of three (3) years until May 2021.
 
For 1st year Shipping Schedule (Loading Basis)
February - May 2019
 
Shipment Size 
4 Panamax: 320,000 MT +/- 10% Shipping Tolerance.  
 
Price
One single Origin & Fixed number (USD) based on FOBT
 
Quality (NCV Min. 4,300 kcal/kg)
Quality (based on ASTM standards) for 5600 kcal/kg NCV coal
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 10%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 4,300 Kcal/Kg minimum
Guaranteed Quality : NCV min. 4,400 ~ max. 4,900Kcal/kg, Total Sulphur Max. 0.4%
 
Procurement Method: International e-tender
 
Bid closing date
December 19, 2018 13:00 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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Tuesday, 26 February 19
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Tuesday, 26 February 19
THE RELATIVELY DISAPPOINTING SCENE PORTRAYED IN THE DRY BULK MARKET RIGHT NOW - ALLIED SHIPBROKING
The relatively disappointing scene portrayed in the dry bulk market right now (especially in the Capesize segment) is undoubtedly one of the prevai ...


Friday, 22 February 19
AUSTRALIAN HIGH CV THERMAL COAL PRICES AT 19-MONTH LOW, BUT NOT FOR LONG - WOOD MACKENZIE
The benchmark Newcastle high energy thermal coal price has fallen from US$100/tonne at the turn of the new year to US$88/tonne. Thermal coal has be ...


Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
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Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
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