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Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
KOSPOKorea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until August 2028 from qualified suppliers for Korean Genco's Power Plants as follows:
 
Quality (based on ASTM standards) : NCV minimum 4,400 kcal/kg. Entirely coal supplied from a coal mine company with the latest annual production record of Min. 3 million tons of the coal with the same quality. Supply of coal for any shipment from more than one mine is not allowed. TM: Max. 43%, Ash (adb) Max. 15%, Total Sulphur (arb) Max. 0.8%
 
Quantity: Each bidder is requested to offer at least 80,000MT plus/minus ten(10) percentages at a shipping tolerance of CIF or CFR price. Only existing suppliers are allowed to participate this tender. 
 
Shipping Schedule:  1st year - July / August, 2024 91H). 
2nd to 5th Years - September 2024 to August 2028
 
Bid Closing Date/Time: 11:00, July 11th, 2024 (Korean Standard Time)


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Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...


Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...


Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.   The cou ...


Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...


Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report. ...


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