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Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013


COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP),  has issued an new tender for prompt supply of 280,000 MT of coal with NCV Min. 4,600 kcal/kg, total moisture (As received basis) Max. 30 percent, Ash (Air dried basis) Max. 17 percent and Total Sulphur (As received basis) Max. 1 percent.

Bidders are requested to offer quantity in lots of 70,000MT (for shipment from China, Indonesia, Russia) or 140,000MT (for shipment from Australia, Canada, South Africa, USA, Colombia and etc.) on both FOBT and CFR basis.

For CFR basis, bidders shall submit the price basis both on Samcheonpo port and Yeonghung port. However, bidders can submit only the price for Yeonghung when the bidding is for Cape size only with the bidding amount more than 140,000MT.

The delivery of 280000 MT of coal between April 1, 2013 - June 30, 2013. Bidders are allowed to  propose both on FOB and or CFR basis.

Bidders are required to submit bids not later than 10:00 A.M., January 10, 2013. (Korean Standard Time).



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Monday, 24 December 12
CONSTITUTIONAL COURT DECISION MAY FURTHER DELAY THE ISSUANCE OF NEW MINING BUSINESS LICENCES - TJEN SHE SIUNG
COALspot.com - In November 2012 the Constitutional Court of Indonesia issued a decision on amendments to certain provisions under the Mining Law No. ...


Monday, 24 December 12
BUNKER PRICES TO CONTINUE RISING, ALBEIT IN A SLOWER MODE, DURING THE NEXT FEW YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEW
In a recent report, US-based consulting firm Mcquilling Services attempted to forecast the course of bunker prices during the next few years, as thi ...


Sunday, 23 December 12
Q4' 2013 CFR SOUTH CHINA COAL SWAP, US$ 3.40 HIGHER COMPARED TO Q1' 2013 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 1.94 percent M-M and WoW by 1.57percent but lost 0.35 ...


Saturday, 22 December 12
SECOND HAND VESSELS ENJOY HIGH DEMAND AS PRICES ARE ATTRACTIVE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the year is closing to its end, activity in the second hand vessel market has been more than high. Ship owners are looking to ...


Saturday, 22 December 12
FALL IN CAPE AND PANAMAX RATES DRAG BDI INDEX - VISTAAR
COALspot.com - The freight market further softened this week closing at 700 points (down by 10.71 pct).  The cape index continued to fall and w ...


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