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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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Recent News

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
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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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