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Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
EWP Korea LogoCOALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal.
 
According to the bid notice no. EWP-COAL–2019–LT06~08 terms and conditions, the bidders are required offer 140kt-280kt of Min. 5,600 kcal/kg NAR coal (2019-LT06) for Dec.2019 delivery, 140kt-420kt of Min. 5,600 kcal/kg NAR coal (2019-LT07) for Jan.2020-Mar.2020 delivery and 75kt-150kt of Min. 4,400kcal/kg NAR coal (2019-LT08) for Nov.2019~Dec.2019 delivery.
 
Loading Period
2019-LT06
1st year – 140kt - 280kt
2nd and 3rd Year - 2nd to 3rd year 280kt~560kt/year (delivery Jan.2020~Dec.2021)
 
2019-LT07
1st year – 140kt - 420kt
2nd and 3rd Year - 280kt-840kt/year (delivery Apr.2020-Mar.2022)
 
2019-LT08
1st year – 75kt~150kt
2nd and 3rd Year - 150kt~300kt/year (delivery Jan.2020~Dec.2021)
 
Price
One Single Fixed Price on FOBT
 
Restrictions:
Russian Coal is not allowed
 
Quality 
2019-LT06 & LT07 - Min. 5,600 kcal/kg NAR (Ash Max 17% & Sulphur Max 0.5%)
Total Moisture (arb) : Max. 15%
Volatile Matter (adb) : Min 22 - 38
Ash (adb) : Max 17%
Total Sulfur (arb) : Max 0.5%
Net Calorific Value : Min. 5600 Kcal/Kg minimum
 
2019-LT08 - Min. 4,400kcal/kg NAR (Ash Max 10% & Sulphur Max 0.5%)
Total Moisture (arb) : Max. 40%
Volatile Matter (adb) : Min 22 - 45
Ash (adb) : Max 10%
Total Sulfur (arb) : Max 0.5%
Net Calorific Value : Min. 4400 Kcal/Kg minimum
- Single Mine Only
 
Procurement Method
International e-tender
 
Bid closing date
10:00 A.M., 18th September, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted to Ki-Sung Hong / Managing Director, Procurement Division, Korea East-West Power Co. Ltd., 395, Jongga-ro, Jung-gu, Ulsan, 44543, Korea or coalbidding at ewp.co.kr. If the bidder submits the bid documents by e-mail, the documents shall be locked. The bidder shall notify the password set up the subject documents by e-mail (coalbidding@ewp.co.kr) within 30 minutes after bid closing time.


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Tuesday, 07 May 19
UNDOUBTEDLY A VERY TROUBLED YEAR FOR THE DRY BULK MARKET, SAYS ALLIED SHIPPING
Undoubtedly a very troubled year for the dry bulk market says Allied Shipping in its latest weekly report.    Thomas Chasapis, Re ...


Saturday, 04 May 19
HOW THE 'FAIR VALUE' OF COAL ASSETS IS AFFECTED BY COMMODITY CYCLES - CRU
As with any commodity, valuing coal assets can be tricky due to the cyclical nature of the market. In this insight, CRU discusses how commodity cyc ...


Friday, 03 May 19
SUPRAMAX: WITH WIDESPREAD HOLIDAYS DURING THE WEEK, THE MARKET LACKED IMPETUS - BALTIC BRIEFING
Capesize The market last week was a tale of two halves, with substantial volatility. Beginning the week on a positive note the C5 West Australi ...


Friday, 03 May 19
COAL INDIA APRIL OUTPUT RISES 1% TO 45.29 MILLION TONNE - PTI
Coal India Ltd (CIL) Wednesday said its coal production in April 2019 rose by 1 per cent to 45.29 million tonne as compared with 44.86 million tonn ...


Sunday, 28 April 19
SUPRAMAX: A 54,000DWT VESSEL OPEN GRESIK FIXED VIA AUSTRALIA, REDELIVERY CHINA, IN THE MID $12,000S - BALTIC BRIEFING
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