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Saturday, 25 April 20
KOREA SOUTH-EAST POWER CO. INVITED BIDS FOR 780K - 900K MT OF 5600 NCV COAL FOR JULY TO OCTOBER 2020 LOADING
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 780,000~900,000 Metric Tons (MT) steam coal for the 1st contract year for Samcheonpo, Yeongheung, Yeosu Thermal Power Plant.
According to the bid notice no. KOEN-Coal-2020-LT08 terms and conditions, the bidders are required offer 780,000 - 900,000 Metric Tons of Min.5,600 NCV high calorific value coal for the 1st contract year.
Shipment Size
Cape size
Price
One single Origin & Fixed price (USD) based on FOBT CY1
The price for the remaining Contract Years (CY2 & CY3) shall be determined by mutual agreement of the both parties.
Loading Schedule
-CY1 : July - September, 2020 (Countries less than 30 voyage days from Korea) or August - October, 2020 (Countries more than 30 voyage days from Korea) *One way voyage basis
-CY2 : October 2020 - September 2021 (Evenly Spread)
-CY3 : October 2021 - September 2022 (Evenly Spread)
- Bidders are requested to offer with only 3 Cape (1cape per Month) shipments on FOB basis. (Bidders who offer more or less than 3 capes shall be disqualified.).
Coal Quality
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 5,600 kcal/kg
Restrictions
- Not allowed from East Russia
- South African coal would be Max 3 Cape (1 Cape/month)
Successful Bidders
The successful bidders* except Russian origin shall be increased contract volume from CY2 to CY3 up to 150% the quantity offered for CY1. Successful bidder means the supplier who didn’t over 60 penalty score by coal supply performance evaluation on the supply record of CY1.
Procurement Method
International e-tender
Bid closing date
10:30 A.M., 28th of April, 2020 (Korean Standard Time).. Submission time of bid documents shall be decided only according to the arrival time at Buyer's server system.
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Monday, 18 May 20
TAKING ADVANTAGE OF VIRUS DISTRACTION - BALTIC EXCHANGE
As the industry grapples to deal with exceptional Covid-19-related challenges, a deeper threat is coming to the fore. At this time of crisis, more ...
Monday, 18 May 20
THERMAL COAL SPOT PRICE TUMBLES 25 PER CENT, PUTTING PRESSURE ON SOME PRODUCERS - ABC RURAL
The spot price for thermal coal has fallen 25 per cent per cent in the past month with one leading analyst saying it is because of a reduction in d ...
Monday, 18 May 20
CHINA'S COAL OUTPUT UP 1.3 PCT IN JANUARY-APRIL: XINHUA
Output of raw coal in China rose 1.3 percent year on year to 1.15 billion tonnes in the first four months this year, official data showed.
&nbs ...
Sunday, 17 May 20
A 55,000 OPEN ILIGAN FIXING AT $6,500 VIA INDONESIA REDELIVERY INDIA - BALTIC BRIEFING
Capesize
A precipitous fall in the market this week had the Capesize 5TC shedding over 50 per cent in value. A small rebound at the end of the ...
Friday, 15 May 20
CHINA'S COAL CONSUMPTION TO FALL Y/Y IN SECOND QUARTER, IMPROVEMENT EXPECTED IN SECOND HALF - INDUSTRY BODY: REUTERS
China’s coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second half of ...
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- TeaM Sual Corporation - Philippines
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- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
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- Central Java Power - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
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- Edison Trading Spa - Italy
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- Rio Tinto Coal - Australia
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- Chamber of Mines of South Africa
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
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- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
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- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
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- Bangladesh Power Developement Board
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- Bulk Trading Sa - Switzerland
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- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
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- Kapuas Tunggal Persada - Indonesia
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- Agrawal Coal Company - India
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- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
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- Malabar Cements Ltd - India
- Indian Energy Exchange, India
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- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
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- Barasentosa Lestari - Indonesia
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- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
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- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
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- Kaltim Prima Coal - Indonesia
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- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
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- Altura Mining Limited, Indonesia
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- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
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- Minerals Council of Australia
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- Global Coal Blending Company Limited - Australia
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- SMG Consultants - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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