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Monday, 09 March 20
KOREA EAST-WEST POWER INVITED BIDS FOR 150,000 MT OF MIN 4,400 - MAX 5,499 NAR COAL
 COALspot.com: KOREA EAST-WEST POWER CO. LTD. of South Korea has issued an international tender for total 150,000 MT of LCV coal for May – June 2020 loading for EWP Power Plants
According to the bid notice No. EWP-COAL–2020–SP01 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
150,000 MT (2 Panamax)
Shipping Schedule
May - June, 2020
Quality
Total Moisture (arb) : Max. 40
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 1%
Net Calorific Value (arb) : Min 4,400 Max 5,499 kcal/kg
Note
- Single Mine Only
- In the case of Indonesian coal, the certificates of determination of quantity and quality should be issued by an international Independent Inspection Agency which will be selected by the Buyer. The cost shall be borned by the Buyer.
- In case of Indonesian coal, the Seller shall undertake marine insurance at its own cost.In the event the Regulation No.80 Year 2018 and its Technical Guidelines No.02/Daglu/Per/1/2019 issued by the Indonesian Minister of Trade(MOT) is enforced. Any lay-time used or all costs occurred due to failure of Seller to comply with such Regulation and caused delay in customs clearance/ vessel sailing shall be on account of Seller.
- Submitting MSDS (Material Safety Data Sheet) is required before payment.
Procurement Method
International e-tender
Bid closing date
10:00 hrs on February 26, 2020 (Korea Standard Time)
The Bid documents shall be submitted and arrive in person, by mail or courier or by e-mail to the address below not later than the deadline.
Ki-Sung Hong / Managing Director, Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding@ewp.co.kr
The Bid documents which are not completely sealed or submitted by a method other than those noted above shall not be accepted. 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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Saturday, 09 May 20
ANGLO AMERICAN CONSIDERS SPINNING OFF SOUTH AFRICAN COAL OPERATIONS - REUTERS
Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa on the Johannesburg ...
Friday, 08 May 20
THE COLLAPSE OF THE OIL AND BUNKER FUEL MARKETS IN EARLY 2020 - PETER SAND
The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipp ...
Friday, 08 May 20
LNG DEMAND FACED SEVERAL HEADWINDS IN THE FIRST QUARTER OF 2020 - GASLOG
LNG demand faced several headwinds in the first quarter of 2020 including a warmer than average winter in the northern hemisphere, high inventory l ...
Thursday, 07 May 20
IEEFA UPDATE: THE OUTLOOK FOR THERMAL COAL IN SOUTHEAST ASIA AND SOUTH ASIA
Seven headwinds are building to sustained growth in coal in Asia
The medium term outlook for thermal coal in Southeast Asia is posit ...
Thursday, 07 May 20
IMO 2020: BUNKER CLAIMS HANDLING GUIDE FOR A NEW DECADE - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
IMO 2020 is the term generally used to describe the following regulations under Annex VI of the International Convention ...
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