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Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
KOMIPOSouth 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.
 
According to the tender No. KOMIPO-Bid Notice-2019-LT01 terms, coal suppliers are required offer 520,000 MT minimum 5700 kcal/kg NAR coal on FOBT for ([CY1] 1st  : June 2H. 2019, 2nd :  Q3.2019, 3th,4th : Q4. 2019. CY2,CY3,CY4 and CY5 Evenly spread. 
 
Shipment Size
4 Cape: 130,000 MT +/- 10% Shipping Tolerance. 
 
Price
Bidders should propose Two (2) shipment for CY1 (2019) Shipment at one single fixed price. The Price for the remaining CY shall be mutually negotiated.
 
Origin
Colombian only
 
Quality (based on ASTM standards) for 5700 NAR coal
Total Moisture (arb) Max. 15%
Volatile Matter (adb) Min 22 - Max 38%
Ash (adb) Max 17%
Total Sulfur (arb) Max 0.5%
Net Calorific Value minimum 5700 Kcal/Kg minimum
 
Bid closing date
March 14, 2019 14:00 KST
 
The Bid documents can be submitted in person, by mail or courier to Mr. You Shin Kim/ General Manager / Fuel Management 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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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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