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Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
 COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origin to be burnt at Boryeong & Shin Boryeong Power Plants. KOMIPO is also inviting bids for 480,000 mt of min 4600 NAR coal from Global coal miners. However Chinese as well as Russian coals are not allowed to participate min. 4600 NAR coal tender.
According to the tender No. KOMIPO-Bid Notice-2018-LT01/LT02 terms, out of 520,000 mt of total requirement around 260,000MT mt (2 cape sizes shipments) of minimum 5700 kcal/kg NAR coal to be purchased based on Index-linked to Global Coal Index on FOBT Australia. The Cargo loading should be completed by Aug. 2018 and Oct. or Nov. 2018. The remaining 260,000 mt of coal should be supplied Q1 & Q2 2019.
For 4700 NAR coal Inquiry, 240,000MT of 4700 NAR coal should be supplied August, September and October 2018 by 3 panamaxe vessels to be purchased basis one Single Fixed Price Based on FOBT.
Shipment Size
Shipment size shall vary from 130,000mt to 180,000mt (cape size) or from 70,000mt to 90,000mt(Panamax) vessel depending on KOMIPO’s in-house fleet vessel availability. Seller shall have no right to refuse loading of the cargo due to KOMIPO’s vessel size. For the avoidance of doubt, KOMIPO reserves the right to dispatch its in-house vessel fleet without any consultation with Seller. Either plus or minus 10% shipping tolerance shall be allowed for each shipment.
Price
5700 NAR coal: FOB Evaluation Price = Newcastle GlobalCoal Index of 3rd May 2018(U$101.47) less [ ]% or Plus [ ]% x Bidder’s guarantee NAR/6,000Kcal/kg. The pricing method and price for the remaining cargo of 2nd half CY2 (260,000MT), CY3 to CY5 (520,000MT/year) shall be negotiated later on a mutual Basis.
4600 NAR coal: The price for shipments during the period of CY2 (remaining cargoes), CY3 to CY5 shall be negotiated on a mutual basis.
Origin
5700 NAR coal: Australia only
4600 NAR coal: Any country except Russia and China
Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 23%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 5700 Kcal/Kg
Quality (based on ASTM standards) for 4600 NAR coal
Total Moisture (arb) Max. 28%
Volatile Matter (adb) Min 22 - Max 45%
Ash (adb) Max 23%
Total Sulfur (arb) Max 0.50%
Net Calorific Value minimum 4000 Kcal/Kg
Restrictions
New bidders are not allowed to attend this tender
Bid closing date
May 14, 2018 14:00 KST
The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ General Manager / Fuel 1 Team, Smart work center Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea.
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Monday, 02 July 18
THIESS SECURES NEW QCOAL NORTHERN HUB $480M CONTRACT
Thiess has been awarded a new A$480 million contract by QCoal to continue operations at the QCoal Northern Hub located in Queensland’s Bowen ...
Friday, 29 June 18
THE LBH GROUP AND RHENUS PLAN TO ESTABLISH A JOINT COMPANY
Press Release: The port services provider, the LBH Group, and the logistics specialist Rhenus, are planning to cooperate closely in the European in ...
Friday, 29 June 18
SUPRAMAX: INDO / CHINA COAL ROUNDS PAYING AROUND USD HIGH 11000 - FEARNLYS
Capesize
Its been an interesting week with a strong demand for ships out of Brazil, making C3 rates remain around USD 19 pmt said Fearnlys in i ...
Friday, 29 June 18
JAPAN'S TOHOKU ELEC, GLENCORE ABANDON APRIL-MARCH COAL CONTRACT TALKS - REUTERS
Japan’s Tohoku Electric Power Co Inc and Glencore Plc have abandoned talks on annual thermal coal supplies after failing to reach an agreemen ...
Wednesday, 27 June 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
After the abolishment of the trade embargo against Iran, there was a lot of optimism from the country’s side, as after quite some time a numb ...
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- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Xindia Steels Limited - India
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