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Thursday, 07 November 13
FORMOSA PLASTICS SEEKS 80K MT OF 5850 GAR COAL


COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for 80,000 mt of bituminous coal for delivery in Nov - Dec'13 for its China plant.

According to Formosa’s Inquiry Notice COAL 20131101, the company is seeking 80,000 mt of coal to be loaded through handy size vessels to be shipped at the port of loading in 11 November to 31st December 2013.

Bidders are requested to offer one single price for up to a total tendering quantity either on FOB or CFR Ningbo Port basis.

Formosa is looking for the coal with gross calorific value not lesser than 5,850 kcal/kg on as received basis or minimum 5,500 kcal/kg on net calorific value basis, total moisture 18% max on as received basis, Ash Content max 22% on air dried basis and total sulphur not more than 1% on air dried basis.

Bidders are required to submit the bids on or before 11 November 2013 23:59 hrs (Taipei Time).



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Recent News

Tuesday, 19 November 13
SHIP OWNER POUR MORE MONEY INTO DRY BULK CARRIER ACQUISITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent dry bulk market's rally, coupled with an expected fall in oversupply and robust cargo demand has boosted ship owners' optimism on the l ...


Monday, 18 November 13
SUB-BIT INDONESIA COAL SWAP LOST ON WEEK; MARGINALLY GAINED ON DAY
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14  delivery gained $ 1.25 pmt month on month on Friday 15 Novemb ...


Sunday, 17 November 13
Q4' 14 API 8 CFR SOUTH CHINA COAL SWAP CLOSED $ 3.43 PMT (4.34 %) HIGHER THAN Q1' 14 SWAP
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.05 percept d-d on Friday 15 November 2013. The CFR South ...


Saturday, 16 November 13
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES FIRM DUE TO STRONG COAL ACTIVITIES
COALspot.com: The Cape and Panamax index was down this week and pulling down the BDI  by about 5 pct. BDI was closed at 1507 points on Friday 1 ...


Friday, 15 November 13
DRY BULK MARKET STILL LINGERING ON, DESPITE PREDICTIONS OF NEW IMMINENT RALLY PRIOR TO THE YEAR'S END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn't yet managed to stage a new comeback after its retreat from the recent multiyear highs. Yesterday, the industry's benchm ...


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