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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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Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
Tuesday, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coa ...
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