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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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Friday, 06 July 18
HOW FLEET SIZE, CORPORATE PROFILE AND STRATEGY ARE DECIDING FACTORS IN SELECTING AN APPROPRIATE FINANCING STRATEGY - PWC
KNOWLEDGE TO ELEVATE
The challenges that shipping companies are facing when selecting an appropriate financing strategy during the current per ...
Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to ...
Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot m ...
Thursday, 05 July 18
WHAT THE FAILED GLENCORE-TOHOKU COAL TALKS MEAN FOR THE MARKET - REUTERS
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Elec ...
Thursday, 05 July 18
INDONESIAN COAL PRICE REFERENCE HITS 74 MONTHS HIGH OF $104.65 A TON
COALspot.com: HBA keeps rising. According to latest ministerial decree No.1892 K/30/MEM/2018 dated 2 July 2018, the Indonesian Coal Price Reference ...
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