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Monday, 27 July 15
KOMIPO INVITES BIDS FOR TOTAL 545,000 MT OF COAL FOR BORYEONG POWER PLANT
 COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to purchase total 545,000 Metric Tons (MT) of coal for September – October loading for Boryeong Power Plant.
The total 420,000 Mt of LCV (minimum 4600 kcal/kg NAR coal) coal should be shipped on FOBT, within 2H September to October 2015 by 6 Panamax vessels. The same tender also required to offer 125,000 MT of HCV coal (minimum 5300 kcal/kg NAR coal) for 2H September loading by a cape size ship. The Chinese and Russian coals are acceptable to offer against 4600 kcal/kg NAR coal inquiry. However according to the tender norms, The Chinese and Russian coals are not allowed to offer for HCV (5300 NAR coal) coal requirement.
KOMIPO requires the suppliers to offer 4600 NAR coal with the quality such as Total Moisture (As received basis) Max. 28%, Volatile Matter (Air dried basis) between 22 to 45%, Fixed Carbon (Air dried basis) Max 60%, Total Sulfur(As received basis) Max 1.0% and Ash (Air dried basis) Max 17% for minimum 4600 kcal/kg coal on Net Calorific Value basis.
In the meantime, for 5300 NAR coal, the tenders norms says that, the Total Moisture (As received basis) of coal should not be more than 15%, Volatile Matter (Air dried basis) Min 24 and 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.
Bidders can offer one single fixed price for up to a total tendering amount in lots of 50,000MT(+/-10%) or 70,000MT(+/-10%) or 125,000MT(+/-10%) on FOB Port of Loading basis or CFR Port of Boryeong basis.
Submissions of bids should not later than 14:00hrs on July 31, 2015 (Korean Standard Time).
The Bid documents can be submitted in person, by mail or courier to the address below not later than the above deadline.
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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Friday, 31 July 15
CAPE'S PAPER MARKET REMAINS FIRM - INTERMODAL
COALspot.com: The positive sentiment that the Dry Bulk market has been enjoying as of the previous month, was carried through last week as well, bu ...
Friday, 31 July 15
COAL PRODUCTION IN THE U.S. UP 3.6% FOR THE WEEK ENDING JULY 25
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.8 million shor ...
Friday, 31 July 15
CHINA'S NEW OIL IMPORT RULES HAVE MINIMAL IMPACT ON STATUS QUO - FITCH
Fitch Ratings says that China's looser criteria for crude oil import rights are a positive but modest step towards encouraging private-sector p ...
Thursday, 30 July 15
EFFECTS OF THE CHINESE STOCK MARKET CRISIS - INTERMODAL
All evidence is currently signaling that the Chinese stock market will be the newest hurdle for the global economy. With the world's second lar ...
Wednesday, 29 July 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED HIGHER THAN Q3'15
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and gains week over week, this past week.
The Q3 swap was decl ...
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- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
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- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
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- Eastern Energy - Thailand
- Agrawal Coal Company - India
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- Bulk Trading Sa - Switzerland
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- Meralco Power Generation, Philippines
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- Samtan Co., Ltd - South Korea
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- Directorate General of MIneral and Coal - Indonesia
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- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
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- IHS Mccloskey Coal Group - USA
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- Binh Thuan Hamico - Vietnam
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