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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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Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...
Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...
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Showing 1736 to 1740 news of total 6871 |
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- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- PTC India Limited - India
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
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