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Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for March - April, 2019 loading.
 
According to Bid Notice No. KOSPO-Coal-2019-SC-EST01 terms, coal producers are required offer 320,000 MT minimum 3,800 kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
 
Shipment Size
320,000MT (±10%) (80,000 x 4 Panamax)
 
Restrictions
Coal producers, who own a single mine with the annual production record of Min. 10 million tons in recent year (marketing companies or trading companies are not allowed.)
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Quality (NCV Min. 3,700 kcal/kg)
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 4.5%
Total Sulfur (arb) Max 0.2%
Net Calorific Value Min. 3,700  Kcal/Kg minimum
 
Procurement Method
International e-tender
 
Bid closing date
13:00 January 18, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.


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Recent News

Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...


Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000  MT of min. 4300, 3500 and 5600 NCV ...


Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...


Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...


Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...


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