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Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
 COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June 2020 loading.
According to the bid notice No. ITB no.(Bid Notice no) KOEN-Coal-2020-SP03~05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
SP03 (HCV): Min.5,600 (TS: Max 0.8%) NCV Coal - 150kt±10% (1 Cape)
SP04 (LCV): Min.4,400~Max.4,800 (TS:Max 0.6%) NCV Coal - 160kt±10% (2 Panamax)
SP05 (ULCV): Min.3,700~Max.4,000 (TS:Max 0.4%) NCV Coal - 80kt±10% (1 Panamax)
Shipping Schedule
SP03 (HCV): May, 2020 (South Africa Only) or May 2H-June 1H (Colombia and West Russia only)
SP04 (LCV): May, 2020 (Single Mine Only)
SP05 (ULCV): May, 2020 (Single Mine Only)
Quality
SP03 (HCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 5,600 kcal/kg
SP04 (LCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min. 4,400-Max. 4,800 kcal/kg
SP05 (ULCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 1%
Net Calorific Value (arb) : Min. 3,700-Max. 4,000 kcal/kg
Restriction
SP03 (HCV): Not allowed from Indonesia, Australia, North America and East Russia
Procurement Method
International e-tender
Bid closing date
10:30 A.M. KST on 19th of March, 2020. (Korea Standard Time). The Bid documents shall be submitted through the KOEN website not later than the dead line
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Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
Saturday, 01 February 20
THERMAL COAL MARKETS: 5 TRENDS TO WATCH OUT FOR IN 2020 - MINING REVIEW
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific.
&n ...
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