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Monday, 12 May 14
TAIPOWER TO IMPORT AROUND 1 MMT OF SUB-BITUMINOUS COAL DURING AUGUST 2014 THROUGH NOVEMBER 2014
COALspot.com - Taiwan Power Company intends to procure 1.050 million tons of sub-bituminous coal for Taipower thermal power plant through open tender. According to tender, the bidders can obtain the bidding document from May 12, 2014 to May 26, 2014 (Taipei time). Bidders are required to submit the bids on or before May 26, 2014 5:00 p.m (Taipei Time). Taiwan Power Company will open the received Technical & Commercial Proposal on May 27, 2013 at 09:30 am (Taipei Time).
1,050,000 tons of sub-bituminous coal required to deliver by 14 Panamax size vessels (75,000 +/- 10%) during August 2014 through November 2014.
As per tender, the Gross Calorific Value of coal should not lesser than 5,000 kcal/kg on as received basis, total moisture (arb) 28% max, Ash Content (adb) 15% max and total Sulphur (adb) not more than 1.1%. 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 based on ISO standard.
The firms including foreign coal mine owners, foreign coal producers, foreign and local agents and trading companies are allowed to bid the tender and Taipower is also allowing bidders to offer single shipment or multiple shipments against the tender Invitation to Bid No. TPC10307-GS.
The tender document can be downloaded here
About Taipower
“Taiwan Power Company” (Taipower) state-owned enterprise established on May 1, 1947. 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.
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Sunday, 13 April 14
INDONESIA TO INDIA FREIGHT MARKET DECLINE CONTINUES
COALspot.com: The freight market continued to drop this week and BDI almost touched 1000 points. BDI closed at 1002 points fell 16.85 pct week o ...
Saturday, 12 April 14
HOW DO YOU CALCULATE LOSS OF EARNINGS FOLLOWING A COLLISION? - INCE & CO
KNOWLEDGE TO ELEVATE
The recent case of Astipalaia vs Hanjin Shenzhen [2014] EWHC 120 (Admlty) has revisited the existing case law on asses ...
Friday, 11 April 14
US COAL PRODUCTION IN MARCH INCREASED 9.69% TO 82.6 MMST MONTH ON MONTH
COALspot.com – United States the world's second largest coal producer, produced approximately 19.10 million short tons (mmst) of coal ...
Thursday, 10 April 14
DRY BULK MARKET IS RISING CLAIMS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the recent fall of the Baltic Dry Index (BDI), when one compares the first quarter of 2014, to similar quarters of the recent past, it i ...
Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing ...
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