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Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
 COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June 2020 loading.
According to the bid notice No. ITB no.(Bid Notice no) KOEN-Coal-2020-SP03~05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
SP03 (HCV): Min.5,600 (TS: Max 0.8%) NCV Coal - 150kt±10% (1 Cape)
SP04 (LCV): Min.4,400~Max.4,800 (TS:Max 0.6%) NCV Coal - 160kt±10% (2 Panamax)
SP05 (ULCV): Min.3,700~Max.4,000 (TS:Max 0.4%) NCV Coal - 80kt±10% (1 Panamax)
Shipping Schedule
SP03 (HCV): May, 2020 (South Africa Only) or May 2H-June 1H (Colombia and West Russia only)
SP04 (LCV): May, 2020 (Single Mine Only)
SP05 (ULCV): May, 2020 (Single Mine Only)
Quality
SP03 (HCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 5,600 kcal/kg
SP04 (LCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min. 4,400-Max. 4,800 kcal/kg
SP05 (ULCV)
Min. 5,600 NCV Coal
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : Min. 22%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 1%
Net Calorific Value (arb) : Min. 3,700-Max. 4,000 kcal/kg
Restriction
SP03 (HCV): Not allowed from Indonesia, Australia, North America and East Russia
Procurement Method
International e-tender
Bid closing date
10:30 A.M. KST on 19th of March, 2020. (Korea Standard Time). The Bid documents shall be submitted through the KOEN website not later than the dead line
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Friday, 06 March 20
SOLID BACKING FOR LNG AS A MARINE FUEL - BALTIC EXCHANGE
When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL ...
Friday, 06 March 20
INDONESIA COAL PRICE REFERENCE UP AGAIN THIS MONTH
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average in ...
Thursday, 05 March 20
COAL IMPORTS DOWN IN MAJOR ASIAN MARKETS, AND CORONAVIRUS NOT THE DRIVING FORCE - CLYDE RUSSELL
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
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