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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

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
Market experts mostly agree that the recent dry bulk market downtrend was caused by seasonal slowdown amid the Chinese New Year celebrations in com ...


Tuesday, 19 February 19
AUSTRALIA'S COAL FUTURE UNDER THREAT AS MORE CHANGES HIT FOSSIL FUELS GLOBALLY - ABC
Two disparate decisions from opposite corners of the world have sounded warnings for the future of Australia’s coal industry.   ...


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