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Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
 COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 Kcal/kg NCV low calorific value coal for June 2019 loading.
According to the bid notice no. KOSPO-Coal-2019-SC-EST04 terms, coal producers are required offer 160,000 MT minimum 3.800 kcal/kg and maximum 4100 Kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
Shipment Size
2 X 80,000MT (±10%)
Price
One single Origin & Fixed price (USD) based on FOBT
Loading Schedule
June, 2019
Quality
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 4.5%
Total Sulfur (arb) Max 0.35%
Net Calorific Value Min. 3,700 Kcal/Kg minimum
Guaranteed Quality: NCV min. 3,700 - max. 4,100 Kcal/kg
Procurement Method
International e-tender
Each shipment of coal to be purchased by KOSPO and delivered by the Bidder shall be entirely supplied from a coal mine company with the latest annual production record of Min. 5 million tons(with the latest annual production record of Min. 3 million tons of the coal with the quality as per tender terms. Supply of coal for any shipment from more than one mine is not allowed
Bid closing date
13:00 April 11, 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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Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize
The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with rece ...
Friday, 07 February 20
CIL LOOKING TO TAP NON-POWER SECTORS FOR INCREMENTAL COAL, PTI REPORTED
The miner is looking to ramp up production to meet its targets for the current fiscal at a time when the economic slowdown is impacting demand for ...
Friday, 07 February 20
VIRUS - HIT CHINA MAY NEED MORE IMPORTS OF COAL. NOW COMES THE TRICKY PART - SHIPPING IT THERE: REUTERS
China’s domestic coal mines are struggling to ramp up production in the face of the ongoing coronavirus epidemic. That’s a situation th ...
Friday, 07 February 20
CORONAVIRUS IMPACTING THE GLOBAL SHIPPING INDUSTRY - BIMCO
The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. T ...
Thursday, 06 February 20
CAPE: WEAK SUPPLY/DEMAND RATIO THE STREETS REMAIN BLOODY FOR THE BIG SHIPS - FEARNLEYS
Cape: With still a weak supply/demand ratio the streets remain bloody for the big ships, and actual spot earnings are close to zero on main short-h ...
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