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Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
 COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal and 480,000 Mt of Min 4,600 - Max 4,999 NCV coal for Boryeong Power Plant & Shin Boryeong Power Plant.
According to the bid notice KOMIPO-bid notice-2020-SP03 & LT03 terms and conditions, the bidders are required offer 130,000 mt of 5700 NCV coal for July, 2020 loading and 480,000 Mt of Min 4,600 - Max 4,999 NCV coal for (CY1) July to December 2020 loading.
Basic terms of Inquiry for HCV coal (Min 5,700 NCV)
Quantity
130,000 Mt
Shipment Size
Cape size
Quality
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 5,700 kcal/kg
Restrictions
New bidders are not allowed to attend this tender
Russian, Indonesian, Chinese, Colombian coal are not allowed to participate
Basic terms of Inquiry for LCV coal (Min 4,600 - Max 4,999 NCV)
Quantity
CY1: 480,000 MT, CY2- CY3: 960,000 MT
Shipment Size
6 Panamaxes : 80,000 MT (The shipment size must be at least 80,000MT, with a gearless vessel)
Quality
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 4,600 - Max 4,999 Kcal/kg
(The coal to be delivered shall be entirely supplied from a single mine)
Restrictions
New bidders are not allowed to attend this tender
Russian, Chinese coal are not allowed to participate.
Loading Schedule
CY1 1st shipment : July, 2020 & Shipments 2-6 : Q3~Q4, 2020
CY2-CY3 : Evenly spread
Basic terms of Inquiry for Both types of Coal
Price Basis
One single fixed price (USD) based on FOBT
Procurement Method
International e-tender
Bid closing date
13:00 Hrs on May 28, 2020] (Korean Standard Time).
The Bid Documents must be delivered in person, by mail or courier to the address below to arrive by no later than the Bid Closing Date to Mr. You Shin Kim/ General Manager / Fuel Management Team, 1st floor Information Desk, Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea
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Wednesday, 20 May 20
ADARO ENERGY BOOKED A 5% INCREASE IN COAL PRODUCTION VOLUME Y-O-Y IN 1Q2020
PT. Adaro Energy Tbk, Indonesia’s one of the largest coal miner, booked a 5% increase in coal production volume year-over-year in 1Q2020. The ...
Wednesday, 20 May 20
BRAZIL SOYBEAN EXPORTS HAVE BEEN SURGING THIS YEAR - BANCHERO COSTA
Brazil soybean exports have been surging this year, thanks to a combination of strong demand from China, a bumper crop, and favourable exchange rat ...
Wednesday, 20 May 20
MARKET INSIGHT
Seafarers keep maritime trade going so that the food, raw materials, energy and manufactured goods on which so many depend can continue moving arou ...
Tuesday, 19 May 20
AMENDMENT OF THE INDONESIAN MINING LAW: TYING UP LOOSE ENDS - UMBRA
KNOWLEDGE TO ELEVATE
The finalized draft of Law on the amendment of the Mining Law (Bill) was publicly released on 11 May 2020 and was then ap ...
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 ...
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- AsiaOL BioFuels Corp., Philippines
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- Alfred C Toepfer International GmbH - Germany
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- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
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- Deloitte Consulting - India
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- Singapore Mercantile Exchange
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- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
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- Australian Coal Association
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
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- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
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