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Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for March - April, 2019 loading.
 
According to Bid Notice No. KOSPO-Coal-2019-SC-EST01 terms, coal producers are required offer 320,000 MT minimum 3,800 kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
 
Shipment Size
320,000MT (±10%) (80,000 x 4 Panamax)
 
Restrictions
Coal producers, who own a single mine with the annual production record of Min. 10 million tons in recent year (marketing companies or trading companies are not allowed.)
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Quality (NCV Min. 3,700 kcal/kg)
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 4.5%
Total Sulfur (arb) Max 0.2%
Net Calorific Value Min. 3,700  Kcal/Kg minimum
 
Procurement Method
International e-tender
 
Bid closing date
13:00 January 18, 2019 (Korean Standard Time)
 
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, 26 February 19
CHINA RESTRICTS SEABORNE COAL IMPORTS - WOOD MACKENZIE
In response to news on China's Dalian port restricting seaborne coal imports, Wood Mackenzie's experts provide the following commentary. ...


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
KNOWLEDGE TO ELEVATE   In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that ow ...


Wednesday, 20 February 19
SHIPPING MARKET INSIGHT - INERMODAL
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...


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