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Tuesday, 26 November 13
EWP INVITES COAL BIDS FOR 2014 - 2018 DELIVERIES


COALspot.com: Korea East-West Power Co. Ltd (EWP) invited bids to supply 130,000MT of min 5,600kcal/kg (Sub)-bituminous Coal on NCV basis for March to June 2014 and 390,000 MT per annum for the period of July 2014 to June 2018 on fixed price through International Open Bidding.

According to bid no.: EWP-COAL-2013- LT09, the bidders are requested to offer coal in lots of 65,000 MT or 130,000 MT parcel on FOBT price. In the same time, the bid notice is also allowing the increase of quantity up to 80,000 MT for Panamax 160,000 MT for Cape size vessel with ten (10) percent of shipping tolerance on mutual agree basis.

As per Invitation to Bid, the Calorific Value of coal should not lesser than 5,600 kcal/kg on NAR basis, total moisture (arb) 15% max, Ash Content (adb) 20% max and total Sulphur on as received basis should not more than 1%.

Qualification of Bidder: Coal producers, marketing companies or traders those who shall meet the whole requirement of ITB including but not limited to coal quality specification, shipping schedule, quality, etc. 

Bidders are required to submit the bids on or before 11:00 A.M. on November 29, 2013 (Korean Standard Time).



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Saturday, 07 December 13
A RARE TIME IN RECENT SHIPPING MARKET HISTORY: BOTH DRY BULK AND VLCC TANKER EARNINGS ARE ON THE RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Around this time of year, back in 2008, i.e. five years ago, the shipping markets were plagued with the aftermath of the global financial crisis tha ...


Friday, 06 December 13
INDONESIAN PARLIAMENT REJECTED A GOVERNMENT PROPOSAL TO EASE THE BAN ON EXPORTING UNPROCESSED ORE
COALspot.com: Indonesian House of Representatives rejected a proposal from Energy and Mineral Resources Minister Jero Wacik on to ease the ban on ex ...


Friday, 06 December 13
THE MINISTRY OF ENERGY & MINERAL RESOURCES OF INDONESIA FIXED DEC'13 HBA AT US$ 80.31
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 2.18 / MT ...


Friday, 06 December 13
US PRODUCED APPROXIMATELY 82.8 MILLION SHORT TONS OF COAL IN NOVEMBER 2013
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...


Friday, 06 December 13
PANAMAXES HAVE BEEN THE ' WEAPON OF CHOICE' BY MOST DRY BULK SHIP OWNERS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
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