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Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
KOEN KoreaSouth Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000  MT of min. 4300, 3500 and 5600 NCV coal of any origin except 5600 NCV coal only from South Africa or Colombia origin to be burnt at Samcheonpo, Yeonghung, Yeosoo Thermal Power Plants.
 
According to the tender No. ITB no.(Bid Notice no) KOEN-Coal-2019-SP01~03 terms, coal suppliers are required offer 225,000MT +/-10% of min.4,300 ~ max. 5,000 kcal/kg NCV coal with TS : 0.6% max, 75,000MT +/-10% of min.3,500 kcal/kg NCV coal with TS : 0.6% max and 150,000MT +/-10% of min.5,600kcal/kg of NCV coal with TS 0.8% max.
 
Shipment Size
3 Panamaxs: 225,000 MT +/-10% Shipping Tolerance min 4300 NCV coal
1 Panamax: 75,000 MT +/-10% Shipping Tolerance min 3500 NCV coal
1 Cape: 150,000 MT +/-10% Shipping Tolerance min 5600 NCV coal
 
Price
One Single  Fixed Price on FOBT (Single Mine Only)
 
Origin
No restrictions for 3500 and 5000 NCV coal and only South African or Colombian coal for 5600 NCV coal.
 
Delivery
3500 and 5000 NCV coal -  May 1H, 2019
5600 NCV coal -  June, 2019
 
Quality (based on ASTM standards) Min.4,300 ~ Max.5,000kcal/kg NCV coal
Total Moisture (As received basis) - Max. 28%
Volatile Matter (Air dried basis) - Min. 22%
Fixed Carbon (Air dried basis) - Max. 60%
Ash (Air dried basis) - Max. 17%
Total Sulphur (As received basis) - Max. 0.6%
Grindability (HGI) - Min. 45
Net Calorific Value (As Received Basis) Min. 4,300 kcal/kg
 
Quality (based on ASTM standards) Min. 3,500 kcal/kg NCV coal
Total Moisture (As received basis) - Max. 28%
Volatile Matter (Air dried basis) - Min. 22%
Fixed Carbon (Air dried basis) - Max. 60%
Ash (Air dried basis) - Max. 17%
Total Sulphur (As received basis) - Max. 0.6%
Grindability (HGI) - Min. 45
Net Calorific Value (As Received Basis) Min. 3,500 kcal/kg
 
Quality (based on ASTM standards) Min. 5,600 kcal/kg NCV coal
Total Moisture (As received basis) - Max. 15%
Volatile Matter (Air dried basis) - Min. 22%
Fixed Carbon (Air dried basis) - Max. 60%
Ash (Air dried basis) - Max. 17%
Total Sulphur (As received basis) - Max. 0.8%
Grindability (HGI) - Min. 45
Net Calorific Value (As Received Basis) Min. 3,500 kcal/kg
 
Bid closing date
April 4, 2019 10:00 KST
 
The Bid documents can be submitted in person, by mail or courier to Mr. Y.J. Na / General Manager, Coal Team, Bidding Room, Bundang Combined Cycle Power Plant, Korea South-East Power Co. 336 Bundang-ro, Bundang-gu, Sungnam-city, Gyeonggi-do, 13585, Republic of Korea.


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Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
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SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. C ...


Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week ...


Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ ...


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