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Monday, 21 January 19
KOSPO INVITING BIDS FOR 320K 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 3,800 kcal/kg NCV low calorific value coal for March - April, 2019 loading.
 
According to Bid Notice No. KOSPO-Coal-2019-SC-EST02 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
Each shipment of coal to be purchased by KOSPO and delivered by the Bidder shall be entirely supplied from a coal mine company with the latest annual production record of Min. 10 million tons(with the latest annual production record of Min. 5 million tons of the coal with the quality as per tender requirement). 
 
Bidders are also asked to supply a fresh coal produced from a single coal mine no more than two weeks before loading to the mother vessel for each shipment.
 
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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