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Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
 COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
According to the bid notice no. EWP-COAL–2019–LT06~08 terms and conditions, the bidders are required offer 140kt-280kt of Min. 5,600 kcal/kg NAR coal (2019-LT06) for Dec.2019 delivery, 140kt-420kt of Min. 5,600 kcal/kg NAR coal (2019-LT07) for Jan.2020-Mar.2020 delivery and 75kt-150kt of Min. 4,400kcal/kg NAR coal (2019-LT08) for Nov.2019~Dec.2019 delivery.
Loading Period
2019-LT06
1st year – 140kt - 280kt
2nd and 3rd Year - 2nd to 3rd year 280kt~560kt/year (delivery Jan.2020~Dec.2021)
2019-LT07
1st year – 140kt - 420kt
2nd and 3rd Year - 280kt-840kt/year (delivery Apr.2020-Mar.2022)
2019-LT08
1st year – 75kt~150kt
2nd and 3rd Year - 150kt~300kt/year (delivery Jan.2020~Dec.2021)
Price
One Single Fixed Price on FOBT
Restrictions:
Russian Coal is not allowed
Quality
2019-LT06 & LT07 - Min. 5,600 kcal/kg NAR (Ash Max 17% & Sulphur Max 0.5%)
Total Moisture (arb) : Max. 15%
Volatile Matter (adb) : Min 22 - 38
Ash (adb) : Max 17%
Total Sulfur (arb) : Max 0.5%
Net Calorific Value : Min. 5600 Kcal/Kg minimum
2019-LT08 - Min. 4,400kcal/kg NAR (Ash Max 10% & Sulphur Max 0.5%)
Total Moisture (arb) : Max. 40%
Volatile Matter (adb) : Min 22 - 45
Ash (adb) : Max 10%
Total Sulfur (arb) : Max 0.5%
Net Calorific Value : Min. 4400 Kcal/Kg minimum
- Single Mine Only
Procurement Method
International e-tender
Bid closing date
10:00 A.M., 18th September, 2019 (Korean Standard Time)
The Bid documents shall be submitted to Ki-Sung Hong / Managing Director, Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding at ewp.co.kr. If the bidder submits the bid documents by e-mail, the documents shall be locked. The bidder shall notify the password set up the subject documents by e-mail (coalbidding@ewp.co.kr) within 30 minutes after bid closing time.
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Wednesday, 20 November 19
FOREIGN DIRECT INVESTMENTS IN COMMERCIAL COAL MINING IN INDIA? - DIPESH DIPU
In August 2019, Government of India announced its approval for Foreign Direct Investment (FDI) for coal mining, processing and sale. Not that FDI i ...
Wednesday, 20 November 19
AUSTRALIA'S NEW HOPE POSTS 66% SURGE IN Q1 SALEABLE COAL OUTPUT - REUTERS
Australian coal producer New Hope Corp Ltd reported on Tuesday a 66% jump in saleable coal production in the first quarter, as output ramped up at ...
Wednesday, 20 November 19
THE IMO AND THE PRICE OF GAS OR THE IMPACT OF THE INTERNATIONAL MARITIME ORGANISATION'S SULPHUR 2020 LIMIT FOR MARINE FUEL OIL ON THE PRICE OF GAS - KING & SPALDING
The main bunker fuel for ships is High Sulphur Fuel Oil (HSFO, with sulphur up to 3.5% m/m (mass by mass)). This will all change on 1 January 2020 ...
Wednesday, 20 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
While the market expects the next OPEC meeting, there are still no clear signs indicating that the organization will keep supporting oil prices, wh ...
Monday, 18 November 19
CHINA RECORDS STABLE COAL PRODUCTION IN JAN-OCT: XINHUA
China’s raw coal output registered stable growth in the first 10 months, while its imports remained robust, official data showed.
...
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