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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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Recent News

Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...


Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...


Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...


Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.   ...


Friday, 17 August 18
MALAYSIA'S MANJUNG 4 - WORLD COAL ASSOCIATION
According to the IEA’s Energy Access Outlook 2017 report, nearly all of those who gained access to electricity worldwide in the last 16 years ...


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