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Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
 South 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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Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...
Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...
Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize
The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...
Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...
Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...
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