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Wednesday, 13 July 22
KOWEPO TO IMPORT 2.79 MILLION TONS OF LOW TO MEDIUM COAL
 COALspot.com: Korea Western Power Co., Ltd. (KOWEPO) has issued an International tender for Total 1360k MT of Min.4400 kcal/kg NCV coal and Total 1430k MT of Min.5000 kcal/kg NCV coal for five years from September 2022.
According to the Bid Notice No. KOWEPO-COAL-2022-LT-6,7 terms and conditions, the bidders are required offer 80k MT of 4400 NAR coal and 110k MT of 5000 NAR coal for September 2022 to October 20, 2022 loading.
LT6
Quality
Min. 4,400 kcal/kg NAR
Quantity
[CY1] 80kt × 1 cargo
[CY2 to CY 5] 320kt +/-10% per each year
Loading Schedule (CY1)
- Indonesian ports : 20 Aug - 10 Sep, 2022
- Australian & Canadian ports : 1-20 Sep, 2022
- RSA : 5 - 25 Sep, 2022
- Colombian ports : 1 - 20 Oct, 2022
* Not allowed from Russian ports
Loading Schedule (CY2- CY5)
1 January, 2023 - 31 December, 2026
LT7
Quality
Min. 5,000 kcal/kg NAR
Quantity
[CY1] 110kt × 1 cargo
[CY2 to CY 5] 330kt +/-10% per each year
Loading Schedule (CY1)
- Indonesian ports : September, 2022
- Australian & Canadian ports : September, 2022
- RSA : 20 Sep - 20 Oct, 2022
- Colombian ports : 20 Oct - 20 Nov, 2022
* Not allowed from Russian ports
Loading Schedule (CY2- CY5)
1 January, 2023 - 31 December, 2026
Price Basis
One single fixed price (USD) based on FOBT CY1. (CY2 ~ CY5) will be determined by mutual agreement of the buyer and seller.
Restriction
Chinese coal and Russian coal are not allowed to participate in this tender.
Procurement Method
International e-tender
Bid closing date
10:00 AM, 19 July, 2022 (KOWEPO Server’s Korea Standard Time). The Bid documents shall be submitted by designated e-mail (bidding@iwest.co.kr) not later than the bid closing date and time
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Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
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- IHS Mccloskey Coal Group - USA
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- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
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- Ministry of Finance - Indonesia
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- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Minerals Council of Australia
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- Central Electricity Authority - India
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- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
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