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Friday, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
 COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific value coal for November loading.
According to the bid notice no. 2019-SP14 terms and conditions, the bidders are required offer 75,000MT (+/-10%) Min.3,300 - Max. 3,900 kcal/kg NCV coal on FOBT basis.
Loading Period
November 2019
Price
One Single Fixed Price on FOBT - Single Mine Only
Restrictions:
- Liquidate Damage clause shall not be deleted.
- The vessel age shall not be restricted.
- The demurrage cap is applied to U$35,000 for Cape and U$25,000 for Panamax.
- The bidder should not submit specified surveyor’s name.
- The bidder should not submit two prices in the same bid.
- The restricted origin bidding shall not be accepted multi origin clause.
- Payment term should be selected T/T or L/C without any other details.
- The bidder should not remove any clauses in Adjustment of the Price for Quality in the
contract.
Quality
Total Moisture (arb) : Max. 45%
Volatile Matter (adb) : Min 22%
Ash (adb) : Max 10%
Total Sulfur (arb): Max 0.4%
Net Calorific Value: Min. 3300 Kcal/Kg minimum - 3900 Kcal/Kg maximunm
Procurement Method
International e-tender
Bid closing date
10:00 A.M., 14th October, 2019 (Korean Standard Time)
The Bid documents shall be submitted through the KOEN Website (http://www.koenergy.kr/kosep/en/main/do) not later than the dead line.
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Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah. The tankers hit were waiving international flags such as that of No ...
Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize
Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. C ...
Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize
Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week ...
Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ ...
Wednesday, 31 July 19
INDIA'S 2019 THERMAL COAL IMPORTS SEEN AT 180-185 MLN T - WOODMAC
India is expected to import 180-185 million tonnes of thermal coal in 2019, said Dale Hazelton, head of thermal coal at consultancy Wood Mackenzie. ...
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