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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, 18 December 18
COAL OUTLOOK BULLISH DESPITE WEAK CHINESE IMPORT DATA - HEREN, ICIS
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Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
PT  Toba  Bara  Sejahtra  Tbk,  through  its subsidiary PT Toba Bara Energi (“TBE”), has acquired shares ...


Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
Capesize A positive end to last week after a somewhat uncertain start as some gains made were eroded. Rates recovered later for West Australia/ ...


Monday, 17 December 18
SOUTH KOREA STATE-OWNED UTILITY KOREA EAST-WEST POWER CO. LTD ISSUED A TENDER FOR MAX 3.220 MILLION TONS OF 4200 TO 5900 NAR COAL
COALspot.com: South Korea state-owned utility Korea East-West Power Co. Ltd (EWP) issued a tender for max 3,220,000 Metric Tons of coal to be loade ...


Saturday, 15 December 18
COMING CHANGES IN MARINE FUEL SULFUR LIMITS WILL AFFECT GLOBAL OIL MARKETS - EIA
International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operat ...


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