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Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about 40,000 MT each on delivered at TNPL factory siding at Pugalur basis, according to Global Press Tender No. 201095061 issued by TNPL.
TNPL will follow tender cum auction method for procurement.
TNPL's requirement of non-coking coal specification ( Quality determination per analysis at TNPL lab and on ISO basis) is as given below:
Total Moisture (arb) 15% - Rejection above 23%
Inherent Moisture (adb) around 10%
Ash (adb) 8% Maximum
Volatile Matter (adb) 25 to 45% - Rejection above 45%
Sulphur (adb) 0.8% Maximum
Gross Calorific Value (Kcal/Kg) (adb) 6000 basis - Rejection Below 5600
Size: 0 to 50 mm. The fines content in the Coal (size less than minus 3 mm) should be less than 10%.
The basic tender terms
1. Quantity and quality determination at TNPL site as per terms and conditions of the tender.
2. The contract would be split into 2 parts
a) Purchase order on the overseas principals for material on C&F Tuticorin basis.
b) Work order on their Indian counterpart for stevedoring, handling and loading operations @ Rs.76.11/MT (including applicable port charges, levy and applicable service taxes).
3. The customs duty, Wharfage and Siding charges, Railway freight etc would be borne by TNPL as per details given in the tender.
4. Pre-berthing delay if any, will be to supplier’s account only.
Delivery of coal must be within 5-6 Months from date of award, and the first shipment must reach Tuticorin port on 5 August 2010 and last shipment not later than 10 December 2010 ( arrival date)
The due date for submission of Technical cum Commercial Bid and Price Bids are 07.06.2010 at 3.00 PM Indian standard time.(cs)
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Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued&nb ...
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