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Monday, 06 July 15
KOREA MIDLAND POWER COMPANY LIMITED ISSUED A TENDER FOR 250K MT BITUMINOUS COAL
 COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 250K Metric Tons (MT) of 5300 kcal/kg NAR coal for August 20 – October 15 loading for Boryeong Power Plant.
The total 250,000 Mt of 5300 NAR coal is required to be shipped in two shipments on Fixed Price FOBT, within 20 August to 15 October 2015 by 2 cape vessels.
According to Komipo’s tender terms, the bidders are requested to propose 2 shipment. The first 125000 MT of coal is required to be shipped at the port of loading within 20 August – 14 September 2015 and the second 125K MT of 5300 NAR coal is required to be shipped at the port of loading within 25 September to 15 October 2015.
KOMIPO requires the suppliers to offer coal with the quality such as Total Moisture (As received basis) Max. 15%, Volatile Matter (Air dried basis) Min 24 Max 45%, Fixed Carbon (Air dried basis) Max 60%, Total Sulfur(As received basis) Max 1.0% and Ash (Air dried basis) Max 23% for minimum 5300 kcal/kg coal on NAR basis.
According to the tender document, the bidders are requested to offer with quotation in a single fixed price up to feasible amount of coal in lots of 125,000MT(+/-10%).
Russian and Chinese coal are not allowed for this tender.
Submissions of bids should not later than 14:00 hrs on July 10, 2015 (Korean Standard Time).
The Bid documents can be submitted in person, by mail or courier to the address below not later than the deadline to:
Mr. Min-Soo Kim
General Manager / Fuel & Resource Team
Smartwork center Seoul Power Plant
Korea Midland Power Company Limited
56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea
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Wednesday, 05 August 15
SHIPPING MARKET INSIGHT - KATERINA RESTIS
On July 14th, 2015 a historical consensus was reached in Vienna between Iran and the five permanent members of the U.N. Security Council, plus Germ ...
Wednesday, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround.
Ac ...
Wednesday, 05 August 15
FOB INDONESIA THERMAL COAL SWAPS FALL
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Wednesday, 05 August 15
DRY BULKER PRICES START TO FIRM UP AS MARKET SENTIMENT IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Market pessimism in the dry bulk industry, a trend which had established itself over the course of the year, has started to fade away over the past ...
Tuesday, 04 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO FALL DUE TO SLIDING DEMAND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
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