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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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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sect ...
Friday, 01 May 20
LUKOIL SHARES LUBRICANT EXPERIENCE AFTER FIRST 100 DAYS OF OPERATION ON VLSFO
KNOWLEDGE TO ELEVATE
After 100 days of VLSFO operation, LUKOIL Marine Lubricants is sharing recent experience on VLSFO operation with NAVIGO M ...
Wednesday, 29 April 20
OIL CLOSES IN ON PEAK OVERSUPPLY - WOOD MACKENZIE
Are we now deep in the abyss? Up to our necks in it, if the oil price is any guide. Brent has now tested sub-US$20/bbl in this downturn and WTI sub ...
Monday, 27 April 20
INCIDENT INVESTIGATION: SEARCH FOR THE CAUSE, NOT THE VILLAIN - GARD
Incident investigations often conclude with placing the blame for an incident on the crew. Causes of the incidents are usually identified as proced ...
Monday, 27 April 20
A 58,000DWT VESSEL WAS FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY WC INDIA, AT $4,500 - BALTIC BRIEFING
Capesize
The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily ...
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- Singapore Mercantile Exchange
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- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
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- Directorate Of Revenue Intelligence - India
- Australian Coal Association
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- VISA Power Limited - India
- Planning Commission, India
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- Bhatia International Limited - India
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- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Energy Link Ltd, New Zealand
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- Karaikal Port Pvt Ltd - India
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- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
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- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
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- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
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- Bangladesh Power Developement Board
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- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
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- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
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- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
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- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
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- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
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- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
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- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
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