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Saturday, 23 May 20
EWP INVITES BIDS FOR 840,000 METRIC TONS OF MIN 5700 NAR COAL
 COALspot.com: South Korea’s Korea East-West Power Co. Ltd (EWP) has Issued an International Tender for total Max 840,000 Metric Tons of min 5700 NAR coal.
According to the bid notice EWP-COAL–2020–LT01 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.
Quantity
140kt-420kt (1st year)
280kt-840kt/year (2nd to 3rd year).
Shipment Size
Cape size
1st year Delivery Period Loading Basis
Russia, Australia Aug.2020 - Sep.2020
South Africa, Colombia Aug.2020- Oct.2020
The 2nd and 3rd contract year Loading Basis
Oct-Nov 2020 to Sep-Oct 2022
Price Basis
One single Fixed Price On FOBT For CY1
Quality (based on ASTM standards)
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
Procurement Method
International e-tender
Bid closing date
10:30 AM, 26th May, 2020 (Korean Standard Time).
The Bid documents shall be submitted and arrive in person, by mail or courier or by e-mail to the address below not later than the deadline. Ki-Sung Hong / Managing Director, Corporate Partnership & Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding at ewp.co.kr
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Wednesday, 17 June 20
MARKET INSIGHT - INTERMODAL
After experiencing record earnings during the first half of the year, the focus of headlines concerning the tanker market has shifted from the deve ...
Wednesday, 17 June 20
KOREA SOUTHERN POWER CO INVITED 80000 MT OF LOW CALORIFIC VALUE COAL FOR AUGUST 1H, 2020 LOADING
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) Min 4,200 kcal/kg - Max. ...
Tuesday, 16 June 20
A GLOBAL ECONOMIC SLUMP: WHAT WILL IT MEAN FOR METALS AND MINING? - WOOD MACKENZIE
Back before coronavirus knocked “normal” out cold, the key issues for miners were sub-investment prices, rising requirements for ESG an ...
Tuesday, 16 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.58 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 percent week on week.
The index, released by China ...
Tuesday, 16 June 20
HIGHER IRON ORE PRICES OFFSET CORONAVIRUS-DRIVEN PRODUCTION RISK - FITCH RATINGS
Lower iron ore production in Brazil, resulting from rising coronavirus infections, should only marginally affect the cash flow of Vale and other gl ...
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- The University of Queensland
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