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Tuesday, 25 May 21
KOREA SOUTHERN POWER INVITED BIDS FOR 870,000 MT OF MIN 5300 NCV COAL FOR 2021 TO 2023.
 COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 870,000 MT of Min 5,300 kcal/kg NCV coal for August, 2021 to September, 2023 loading.
According to the Bid Notice No. KOSPO-COAL-2021-ELT05 terms and conditions, the bidders are required offer 2 Panamax shipment of coal for August & September 2021.
Quantity
190,000 MT per year
Shipment Size
2 X 145,000 MT (Panamax).
*Cape : Bidders are requested to offer at least 290,000MT (145,000MT per Month) in lots of 133,000MT (for shipment from Newcastle, Australia) or 145,000MT (for shipment from any port except Newcastle) on FOBT basis.. If Coal to be offered is loaded at the port which does not receive Cape, Panamax size, bidders are allowed to offer Handymax or Supramax with CFR Price.
The final purchasing unit quantity can be changed as per buyer’s request.
Loading Schedule
1st year - (August, 2021 ~ September, 2021)
2nd year - (October, 2021 ~ September, 2022)
3rd year - (October, 2022 ~ September, 2023)
Price
One single & Fixed price (USD) based on FOBT Guaranteed NCV
Payment Terms
KOSPO shall determine the payment from either Letter of Credit (L/C) or Telegraphic Transfer (T/T) payment basis and notify it to seller.
Quality
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 21%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 5,300 kcal/kg
Procurement Method
International e-tender
Bid closing date
14:00 AM, 27th May, 2021 KST
Last up date : 16:29 GMT+8.00
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Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...
Sunday, 11 July 21
ROBUST CHINA COAL DEMAND AMID AUSTRALIA IMPORT BAN FUELS PRICE RALLY - REUTERS
Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG) ...
Saturday, 10 July 21
OVERESTIMATED LCOES OF COAL-FIRED POWER PLANTS CREATE A FINANCIAL BUBBLE - IEEFA
Massive stranded asset risk detrimentally affects the financial and power distribution
India’s future coal-fired power project pipeline ...
Friday, 09 July 21
EIA FORECASTS COAL’S GENERATION SHARE IN U.S TO RISE FROM 20% IN 2020 TO 24% THIS YEAR BUT TO FALL TO 22% NEXT YEAR
The July Short-Term Energy Outlook (STEO) of EIA remains subject to heightened levels of uncertainty related to the ongoing economic recovery from ...
Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min. ...
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