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Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
 COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bituminous steam coal for 5 years for TAEAN Power Plant.
According to the bid notice no. KOWEPO-COAL-2019-LT-1 terms and conditions, the bidders are required offer on FOBT basis.
LT-1-1 (HCV): Min.5,600 kcal/kg NCV (TS : 0.6%max)
LT-1-2 (HCV): Min.5,600 kcal/kg (TS : 0.5%max, Ash : 13%max)
Quantity
LT-1-1 (HCV) - Total Quantity : 1,650k MT+/-10%
330k MT+/-10% (165k MT +/-10% * 2 cargos)
1,320k MT +/-10% (330k MT+/-10% per each year)
LT-1-2 (HCV) - Total Quantity : 990k MT+/-10%
110k MT+/-10% * 1 cargo
1,320k MT +/-10% (220k MT+/-10% per each year)
Shipping Schedule
LT-1-1 (HCV):
1st CY - 1st Shipment
Indonesian Ports : 29 Mar~17 Apr, 2020 | Australian Ports : 3 ~22 Apr, 2020 | Canadian Ports : 8~27 Apr, 2020 | South African Port : 12 Apr~1 May, 2020 | Colombian Ports : 19 May~7 Jun, 2020
1st CY - 2nd Shipment
Indonesian Ports : 1~20 May, 2020 | Australian Ports : 6~25 May, 2020 | Canadian Ports : 11~30 May, 2020 | South African Port : 15 May~3 Jun, 2020 | Colombian Ports : 21 Jun~10 Jul, 2020
2nd CY to 5th CY
1 Jul, 2020~ 30 Jun, 2024
LT-1-2 (HCV)
1st CY – 1 cargo
Indonesian Ports : 26 Apr~15 May, 2020 | Australian Ports : 1~20 May, 2020 | Canadian Ports : 6~25 May, 2020 | South African Port : 11~30 May, 2020 | Colombian Ports : 16 Jun~5 Jul, 2020
2nd CY to 5th CY
1 Jul, 2020~ 30 Jun, 2024
Quality (LT-1-1)
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-36%\
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 5,700 kcal/kg
Quality (LT-1-2)
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-36%
Ash (adb) : Max. 13%=
Total Sulphur (arb) : Max. 0.5%
Net Calorific Value (arb) : Min 5,600 kcal/kg
Restriction
- East Russian and Chinese coal are not allowed to participate.
- In case of LT-1-2, only producer and trader who have a sole right for sales is able to participate in the bidding.
Procurement Method
International e-tender
Bid closing date
10:00 AM, 6th February, 2020(KOWEPO Server’s Korea Standard Time)
The Bid documents shall be submitted by designated e-mail below not later than the deadline-mail : bidding@iwest.co.kr. The Bid documents which submitted by personal e-mail or a method other than those noted above shall not be accepted.
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Friday, 14 February 20
KOWEPO INVITED BIDS FOR 1.275 MILLION TONS OF MIN. 5,600 NCV COAL
COALspot.com: Korea Western Power Co. Ltd (KOWEPO). as a representative of five Korean Gencos has issued an international tender for total 1,275,00 ...
Friday, 14 February 20
IS THE US COAL INDUSTRY COMPLETELY BURNED OUT? -FORBES
This is the fourth of a multi-part series on the state of the main sources of energy in the US and how they compare globally. The series will cover ...
Friday, 14 February 20
FITCH RTGS: GLOBAL PORTS VULNERABLE TO CORONAVIRUS - RELATED VOLUME DECLINES
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take ...
Thursday, 13 February 20
INDIA: MAJOR PORTS SHOW MUTED GROWTH IN CARGO AS THERMAL COAL VOLUME SLIDES 15% - BUSINESS STANDARD
A sharp slide of 15 per cent in thermal coal volumes weighed on the performance of major ports during the period of April-January of FY20. The majo ...
Wednesday, 12 February 20
REFINING SET FOR A CHALLENGING 2020 - WOOD MACKENZIE
Downstream isn’t the glamorous end of the oil business. And in Big Oil, it’s typically dwarfed by upstream. Yet having been forced to r ...
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- Africa Commodities Group - South Africa
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- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
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- SMC Global Power, Philippines
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