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Wednesday, 18 July 12
TAIWAN POWER COMPANY TO IMPORT 0.588 MILLION TONS OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
 COALspot.com - Taiwan Power Company intends to procure 588,000 MT tons of extra low sulfur sub-bituminous coal for Taipower thermal power plant through open tender. According to tender, the bidders can obtain the bidding document from July 17, 2012 to July 26, 2012 (Taipei time). Bidders are required to submit the bids on or before July 26, 2012 5:00 p.m (Taipei Time).
588,000 tons of sulfur sub-bituminous coal required to deliver by Seven (7) Panamax Size vessels (84,000 +/- 10%) during August 2012 through December 2012.
As per tender, the Gross Calorific Value of coal should not lesser than 4,800 kcal/kg on arb basis, total moisture (arb) 30 % max, Ash Content (adb) 4 % max and total Sulphur (adb) not more than 0.2 %. Meantime, Na2O in Ash (%) should not more than 2%, however If both actual (a) CaO+MgO>Fe2O3, and actual (b) CaO+MgO+Fe2O3 >20% are met, then Na2O in Ash can be raised to 5.0% Max. According to tender document Gross Calorific Value greater than 6,900 kcal/kg will be treated as 6,900 kcal/kg, hence no premium will be paid if the GCV is above 6900 kcal/kg.
For more details of tender or bidding document, click here
About Taipower
“Taiwan Power Company” (Taipower) was organized on May 1, 1947. At the end of 2010, the company had NT$330 billion in capital, with total assets of NT$1.6 trillion and 26,828 employees. Taipower provides service to 12.58 million customers on the island of Taiwan and the Kinmen and Matsu islets. The company’s major business items are power development, power supply, investment in power- related businesses, energy technology services, management consulting services, real estate development, rental and leasing business, etc.
Taipower is a state-owned enterprise under the Ministry of Economic Affairs (MOEA). The board of directors and supervisors have been established in accordance with Company Law. Business decisions are based on a Chairman- led management system. Organizational adjustments are undertaken according to the regulations stipulated by the MOEA or necessary business changes. In the management sector, there is one president who, based on regulations and decisions of the board of directors, is empowered to oversee the company’s overall business and direct and supervise the employees. There are several vice presidents (7 in 2010) to assist the president with promoting the company’s business plans. The company’s business divisions are: the headquarters, which is in charge of the business related to planning, supervision and evaluation; and the subsidiary units, which are in charge of the business related more to implementation. In addition, committees were established to coordinate the business that involves multiple units.
Taiwan Power Company is a public utility and the sole integrated power company in Taiwan. In compliance with the government’s economic development and the policy of ensuring the people’s well-being, the company will do its utmost on every level to provide quality and stable electricity to the public. (Source - Company's website)
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Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
Thursday, 27 September 12
MINING RE-COMMENCES AT ORPHEUS' B2 EAST KALIMANTAN COAL PROJECT
- B2 project overburden removal completed and coal exposed
- Coal getting has commenced with target production of 30,000tpm
- Orpheus to re ...
Thursday, 27 September 12
HANDY: THE PACIFIC MARKET IS GETTING WEAKER WITH UPCOMING GOLDEN WEEK HOLIDAYS - FEARNLEYS AS
Handy
Yet another week with rates softening in all trades. Especially owners with ships open Continent struggle to find employment paying decent mo ...
Thursday, 27 September 12
DRY BULK MARKET LOSES STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The rise of the BDI (Baltic Dry Index), the dry bulk industry’s benchmark during the course of the previous week, proved to be short-lived, as ...
Wednesday, 26 September 12
NEWBUILDING ORDERING ACTIVITY REMAINS SUBDUED ON GLOBAL MARKET UNCERTAINTY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding ordering activity has been on the down side during the past few weeks, a trend also noticeable during the course of the past few days, a ...
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