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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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Tuesday, 29 January 19
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Tuesday, 29 January 19
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Saturday, 26 January 19
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Thursday, 24 January 19
ANOTHER DISAPPOINTING WEEK FOR PANAMAX OWNERS; MARKET CONTINUES DOWN IN BOTH BASINS - FEARNLEYS
Capesize The week has been marked by low activity and dropping rates in both basins. As usual, supply additions have increased at the beginning ...


Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...


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