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Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
KOMIPOSouth Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 kcal/kg NAR  coal for the year 1 at Boryeong Power Plant & Shin Boryeong Power Plants.
 
According to the tender No. KOMIPO-Bid Notice- 2019-LT02~LT03 terms, coal suppliers are required offer 500,000 MT minimum 5700 kcal/kg NAR and 4600 NAR coal on FOBT for ([CY1] 1st year.
 
Shipment Size
2 Cape: 130,000 MT: Min. 5,700 NAR coal - 1st, 2nd : Sep. - Dec. 2019 | CY2~CY4: Evenly spread
3 Panamax: 80,000 MT: Min. 4,600 NAR coal - 1st, : Sep. 2019 and 2nd ,3rd : Q4. 2019 | CY2~CY4: Evenly spread
 
Price
One single fixed FOBT Price
 
Origin
5700 NAR coal: Russian and/or Chinese Coal is excluded
4600 NAR coal: Indonesian and/or Russian Coal 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
 
Quality (based on ASTM standards) for 4600 NAR coal
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - Max 45%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.4%
Net Calorific Value minimum 4600 Kcal/Kg minimum
 
Restrictions 
New bidders are not allowed to attend this tender
5700 NAR coal: Russian and/or Chinese Coal is excluded
 
Bid closing date
June 27, 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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Recent News

Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...


Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...


Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...


Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...


Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...


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