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Monday, 21 September 15
KOMIPO OF KOREA INVITES BIDS FOR BITUMINOUS COAL
 COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 390,000 Metric Tons (MT) of minimum 4,600 kcal/kg NAR coal and minimum 5300 kcal/kg NAR coal for November 2015 loading for Boryeong Power Plant.
The total 390k Mt of 4600 kcal/kg NAR coal is required to be loaded in four shipments on Fixed Price FOBT, in November by 2 Panamax and 2 Cape size vessels.
According to Komipo’s tender terms, the bidders are requested to propose 70,000×2 minimum 4,600kcal/kg NAR coal and 125,000×2 minimum 5,300kcal/kg NAR coal for November 2015 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 and 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. While requirement for minimum 5,300 kcal/kg coal on NAR basis, the total moisture (as received basis) should not more than 15%, volatile matter (air dried basis) min 22 and max 38%, fixed carbon (air dried basis) max 60%, total sulfur(as received basis) max 1.0% and Ash (air dried basis) max 20%.
Submissions of bids should not later than 14:00 hrs on September 25, 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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Monday, 12 October 15
DRY BULK SHIPPING: MARKETS ARE SLOWLY IMPROVING FROM A VERY LOW LEVEL AS THE DEMAND SIDE FALTERS - HELLENIC SHIPPING NEWS
The dry bulk market is in the midst of a shift in demand patterns, which coupled with a tonnage supply overhang, has been facing headwinds over the ...
Monday, 12 October 15
BDI WEIGHED DOWN BY CAPE
COALspot.com: The BDI (Baltic Dry Index) has come back down again this week. The BDI is a benchmark index used to assess the overall cost of moving ...
Sunday, 11 October 15
TANKER SHIPPING: MORE OPTIMISM IN SIGHT FOR TANKERS IN THE WINTER SEASON - BIMCO
Demand:
2015 has been the year of the tanker. The fundamental improvements with slow supply-side growth for some years coupled with low oil pri ...
Friday, 09 October 15
US WEEKLY COAL OUTPUT UP 1.2 PERCENT TO 17.7 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.7 million shor ...
Thursday, 08 October 15
CAPESIZE: MOST PEOPLE AGREE A SPIKE IN RATES WILL HAPPEN; WHEN, HOW LONG AND HOW SUBSTANTIAL? - FEARNLEYS
Cape
Depressives start of the fourth quarter, with c3 approaching USD 12 pmt and c5 presently in the mind 5's. According to Fearnleys ship br ...
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- Wood Mackenzie - Singapore
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- Planning Commission, India
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- Ministry of Mines - Canada
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- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
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- Price Waterhouse Coopers - Russia
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- Bhoruka Overseas - Indonesia
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- Maheswari Brothers Coal Limited - India
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- GMR Energy Limited - India
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