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Monday, 19 October 15
KOMIPO SEEKS 1.28 MILLION T/Y COAL FOR DEC 2015 - Q2 2016
 COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,280,000 Metric Tons (MT) of minimum 4,600 kcal/kg NAR coal and minimum 5700 kcal/kg NAR coal for November and December 2015 to Q2 2016 loading for Boryeong Power Plant.
The total 1 million Mt of 5700 kcal/kg NAR coal is required to be loaded in 8 shipments (Dec 2015 :125,000×2, Dec 2015- Q1 2016 :125,000×2 and Q1- Q2 2016 :125,000×4) on fixed price from Single mine on FOBT basis by 8 cape size ships.
The total 280,000 Mt of 4600 kcal/kg NAR coal is required to be loaded in 4 shipments (Dec 2015 :70,000×2 and Dec 2015- Q1 2016 :70,000×2) on fixed price from Single mine on FOBT basis by 4 Panamax ships. According to tender, Bidders are required to offer for 1st contract year (Dec 2015 - June 2016). The Price for the 2nd contract year (July 2016 - June 2017) and 3rd contract year (July 2017- June 2018) will be negotiated by mutual agreement.
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 5,700 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 36%, fixed carbon (air dried basis) max 60%, total sulfur(as received basis) max 1.0% and Ash (air dried basis) max 17%.
According to tender terms, the Chinese and Russian coal are not allowed to participate this tender.
Submissions of bids should not later than 14:00 hrs on October 23, 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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Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
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 ...
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- Singapore Mercantile Exchange
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- Wood Mackenzie - Singapore
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- Ind-Barath Power Infra Limited - India
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- Indonesian Coal Mining Association
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- IHS Mccloskey Coal Group - USA
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- CNBM International Corporation - China
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- Ministry of Finance - Indonesia
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- San Jose City I Power Corp, Philippines
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- Tamil Nadu electricity Board
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- Interocean Group of Companies - India
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- The University of Queensland
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- Romanian Commodities Exchange
- Siam City Cement - Thailand
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- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
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- SMG Consultants - Indonesia
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- White Energy Company Limited
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- South Luzon Thermal Energy Corporation
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- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
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- Central Electricity Authority - India
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- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
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- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Bhatia International Limited - India
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- Intertek Mineral Services - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
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- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
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- Goldman Sachs - Singapore
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- Alfred C Toepfer International GmbH - Germany
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- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
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- The State Trading Corporation of India Ltd
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- Indo Tambangraya Megah - Indonesia
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