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Thursday, 19 March 20
SOUTH KOREA'S KOSPO INVITED BIDS FOR MIN 3,700 OR MIN 4,200 NCV LOW CALORIFIC VALUE COAL
 COALspot.com: Korea Southern Power Co., Ltd. (KOSPO), has issued an international tender for total 160,000 MT (±10%) (80,000 x 2 Panamax) of coal for May & June 2020 loading.
According to the bid notice No. Bid Notice No. KOSPO-Coal-2020-SC-SMT03 [Low Calorific Value Coal] terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Quantity
160,000MT (±10%) (80,000 x 2 Panamax)
Shipping Schedule
May 1~10, 2020 × 1, June, 2020 × 1
Price Basis
One single fixed price (USD) based on FOBT
Quality
Min 3,700kcal/kg NCV or Min 4,200kcal/kg NCV
Min 3,700kcal/kg
Total Moisture (arb) : Max. 43
Volatile Matter (adb) : 16-45%
Ash (adb) : Max. 4.5%
Total Sulphur (arb) : Max. 0.35%
Net Calorific Value (arb) : Min 3,700kcal/kg
Min 4,200kcal/kg
Total Moisture (arb) : Max. 43
Volatile Matter (adb) : 16-45%
Ash (adb) : Max. 10%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 4,200kcal/kg
Restriction
Single Mine Only
Procurement Method
International e-tender
Submission of Bid Documents
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line. The submission time shall be decided only according to the arrival time at Buyer`s server system.
Bid closing date
13:00 March 20th, 2020 (Korean Standard Time). The Bid documents shall be submitted through the KOEN website not later than the dead line
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Thursday, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
Thursday, 19 March 20
BIMCO REVISES 2020 FORECAST FOR MAIN SHIPPING MARKETS
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the fu ...
Thursday, 19 March 20
U.S. COAL EXPORTS DECLINED IN 2019 - EIA
In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Informatio ...
Wednesday, 18 March 20
DRY BULK: INDONESIAN COAL CARGOES PROVIDING A BIG BOOST IN THE EAST WHERE SENTIMENT FOR HANDIES ALSO STARTED IMPROVING - INTERMODAL
The BDI ended last week with small gains on the back of an encouraging number of cargoes out of key trading regions that helped sustain the reserve ...
Wednesday, 18 March 20
SHIPPING MARKET INSIGHT - INTERMODAL
Despite we all knew about the Covid-19 weeks ago, few could realize the size of the thread until the last few days. The examples of China and Italy ...
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