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Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
KOMIPOSouth Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt at Boryeong & Shin Boryeong Power Plants.
 
According to the tender No. KOMIPO-Bid Notice-2019-LT01 terms, coal suppliers are required offer 520,000 MT minimum 5700 kcal/kg NAR coal on FOBT for ([CY1] 1st  : June 2H. 2019, 2nd :  Q3.2019, 3th,4th : Q4. 2019. CY2,CY3,CY4 and CY5 Evenly spread. 
 
Shipment Size
4 Cape: 130,000 MT +/- 10% Shipping Tolerance. 
 
Price
Bidders should propose Two (2) shipment for CY1 (2019) Shipment at one single fixed price. The Price for the remaining CY shall be mutually negotiated.
 
Origin
Colombian only
 
Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 5700 Kcal/Kg minimum
 
Bid closing date
March 14, 2019 14:00 KST
 
The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ General Manager / Fuel Management Team , Smart work center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea.


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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
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Tuesday, 19 February 19
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Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.   ...


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