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Wednesday, 19 February 20
KOREA MIDLAND POWER INVITED BIDS FOR 1 MILLION TONS OF HCV AND LCV COAL FOR Q2- Q4 LOADING
 COALspot.com: Korea Midland Power Co. Ltd, (KOMIPO). has issued an international tender for total 1 million MT of coal for April to December 2020 loading.
According to the bid notice No. KOMIPO-Bid Notice-2020-LT01~LT02 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
[LT01] Min.5,700 NAR Coal - 520,000 MT (4 Cape * 130,000 MT)
[LT02] 4,700 - 4,999 NAR Coal - 480,000 MT (6 Panamax * 80,000 MT)
Shipping Schedule
Min.5,700 NAR Coal
[CY1] 1st : April.2020 | 2nd : May 2020 | 3rd : : Q3. 2020 | 4th: : Q4. 2020
[CY2-CY4] Evenly spread
4,700 - 4,999 NAR Coal
[CY1] 1st : May 2020 | 2nd : June 2020 | 3rd to 6th: Q3 or Q4
[CY2~CY4] Evenly spread
Quality
Min.5,700 NAR Coal
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.7%
Net Calorific Value (arb) : Min 5,600 kcal/kg
4700 - 4999 NAR Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.3%
Net Calorific Value (arb) : 4700 - 4999 kcal/kg
Restriction
[LT01] Australian coal only
[LT02] Indonesian and/or Russian Coal only.
[LT02] The Coal must be supplied entirely from a single mine owned by the successful bidder(s).
[LT01-LT02] Multiple origins are not allowed to attend.
[LT01-LT02] New bidders are not allowed to attend this tender
Procurement Method
International e-tender
Bid closing date
10:00 hrs on February 26, 2020 (Korea Standard Time)
The Bid Documents must be delivered in person, by mail or courier to the address below to arrive by no later than the Bid Closing Date:
Mr. You Shin Kim/ General Manager / Fuel Management Team, 1st floor Information Desk, Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea
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Monday, 24 February 20
CHINA SAYS MAJOR COAL FIRMS RESTORE 95% OF PRODUCTION CAPACITY - REUTERS
China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an offic ...
Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
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- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
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- IHS Mccloskey Coal Group - USA
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- Videocon Industries ltd - India
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- Bhoruka Overseas - Indonesia
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- Parliament of New Zealand
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- Asmin Koalindo Tuhup - Indonesia
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