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Wednesday, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
KOSPOCOALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for June & July 2020 loading.
 
According to the Bid Notice No. KOSPO-Coal-2020-ST04-SC terms and conditions, the bidders are required offer 160,000 MT of 3,800 Kcal/kg NCV coal of 2 Panamax shipments for June and July loading.
 
Shipment Size
Panamax
 
Loading Schedule
June & July, 2020
 
Price Basis
One single fixed price (USD) based on FOBT 
 
Quality
Total Moisture (arb) : Max. 43
Volatile Matter  (adb) : 16-45%
Ash (adb) : Max. 4.5%
Total Sulphur (arb) : Max. 0.35%
Net Calorific Value  (arb) : Min. 3,700 kcal/kg
 
Additional Requirement
Bidder shall supply a fresh coal produced from a single coal mine no more than two weeks before loading to the mother vessel for each shipment. Upon request by KOSPO, the Bidder shall provide the relevant evidence documents. 
 
Procurement Method
International e-tender
 
Bid closing date
13:00, May 7th, 2020  (Korean Standard Time). The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line. The submission time shall be decided only according to the arrival time at Buyer`s server system.


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