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Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
KOMIPOCOALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year. 
 
According to the Bid Notice No. KOMIPO-Bid Notice-2020-LT07 terms and conditions, the bidders are required offer 8 Panamax shipments of coal during November 2020 to Q3 2021.
 
Loading Schedule
1st shipment – November 2020
2nd shipment – December 2020
3 – 8th shipments – Q4,2020 - Q3,2021
CY2~CY3 - Q4,2021~Q3,2023 (Evenly spread_
Bidders should propose Two (1st and 2nd) shipment for CY1(2020) Shipment at one single fixed price
The shipment size must be at least 80,000MT, with a gearless vessel.
 
Price 
One single fixed FOBT Price 
 
Payment Terms 
Telegraphic Transfer(T/T) payment basis only.
 
Quality
Total Moisture (arb) : Max. 28
Volatile Matter  (adb) : 22-45%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.2%
Net Calorific Value  (arb) : Min 4,300 - Max 4,700 kcal/kg
 
Restriction
New bidders are not allowed to attend this tender
 
Procurement Method
International e-tender
 
Bid closing date
10:00 AM, September 29, 2020 KST


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Recent News

Saturday, 16 January 21
SEABORNE TRADE IN STEAM COAL DECREASED BY 11.6% FROM 937 MILLION TONNES IN 2019 TO 828 MILLION TONNES IN 2020 - COAL IMPORTERS ASSOCIATION, GERMANY
According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), global hard coal production dec ...


Friday, 15 January 21
OVER US$50 BILLION IN GAS POWER PROJECTS AND LNG IMPORT FACILITIES AT RISK OF CANCELLATION IN BANGLADESH, PAKISTAN AND VIETNAM - IEEFA
Pakistan and Bangladesh have already cancelled tenders for LNG imports   Emerging markets such as Vietnam, Pakistan and Bangladesh tha ...


Friday, 15 January 21
VIETNAM'S EXTRAORDINARY ROOFTOP SOLAR SUCCESS DEALS ANOTHER BLOW TO THE REMAINING COAL PIPELINE - IEEFA
9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year   Vietnam’s solar power indust ...


Friday, 15 January 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Thursday, 14 January 21
KOREA MIDLAND POWER INVITED BIDS FOR AUSTRALIAN COAL FOR THREE YEARS SUPPLY
COALspot.com: Korea Midland Power Co. Ltd, issued an International tender for total 1,560,000 MT of Min.5,700 kcal/kg NCV coal of Australian Origin ...


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