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Monday, 10 August 15
SOUTH KOREAN UTILITY KOMIPO INVITES BITUMINOUS COAL BIDS FOR BORYEONG POWER PLANT
Komipo LogoCOALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 560,000 Metric Tons (MT) of 4,600kcal/kg NAR coal for OCT 2015  – Q2 2016 loading for Boryeong Power Plant.

The total 560k Mt of 4600 kcal/kg NAR coal is required to be shipped in eight shipments on Fixed Price FOBT, within OCT 2015 - Q2 2016  by 8 Panamax vessels.

According to Komipo’s tender terms, the bidders are requested to propose 70,000×2 for OCT 2015 and 70,000×2 for Q4 2015 - Q1 2016 loading and 70,000×2 for Q4 2015 and 70,000×2 for Q1-Q2 2016 loading or 50,000×2 for Q4 2015 and 50,000×2 for Q1-Q2 2016 loading.

KOMIPO requires the suppliers to offer coal with the quality such as Total Moisture (As received basis) Max. 28%, Volatile Matter (Air dried basis) Min 22 Max 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 4,600 kcal/kg coal on NAR basis.

Submissions of bids should not later than 14:00hrs on August 19, 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, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week. The 4Q swap was decli ...


Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...


Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...


Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...


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