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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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Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
Monday, 21 March 22
CHINA'S COAL OUTPUT UP 10.3 PCT IN FIRST TWO MONTHS - XINHUA
China’s raw coal output posted fast growth in the first two months of 2022, while coal imports continued to shrink, official data showed.
...
Tuesday, 15 March 22
INDUSTRY VETERANS & ORGANIZATIONS HONOURED WITH THE PRESTIGIOUS SHIPTEK INTERNATIONAL AWARDS 2022
Press Release: The 15th edition of the prestigious ShipTek International Conference & Awards 2022 concluded successfully from March 7th - 8th 2 ...
Tuesday, 15 March 22
CHINA'S COAL OUTPUT GROWS TO STABILIZE MARKET SUPPLY - XINHUA
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, ...
Tuesday, 08 March 22
RUSSIA-UKRAINE CONFLICT ADDS IMPETUS TO ASIA'S ENERGY TRANSITION - IEEFA
Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets
Russia’s invasion of Ukra ...
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- PTC India Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
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- Ministry of Mines - Canada
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- Salva Resources Pvt Ltd - India
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- Australian Coal Association
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- The University of Queensland
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- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
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- Ministry of Transport, Egypt
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- The Treasury - Australian Government
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- Economic Council, Georgia
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- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
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- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
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