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Saturday, 25 April 20
KOREA SOUTH-EAST POWER CO. INVITED BIDS FOR 780K - 900K MT OF 5600 NCV COAL FOR JULY TO OCTOBER 2020 LOADING
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 780,000~900,000 Metric Tons (MT) steam coal for the 1st contract year for Samcheonpo, Yeongheung, Yeosu Thermal Power Plant.
According to the bid notice no. KOEN-Coal-2020-LT08 terms and conditions, the bidders are required offer 780,000 - 900,000 Metric Tons of Min.5,600 NCV high calorific value coal for the 1st contract year.
Shipment Size
Cape size
Price
One single Origin & Fixed price (USD) based on FOBT CY1
The price for the remaining Contract Years (CY2 & CY3) shall be determined by mutual agreement of the both parties.
Loading Schedule
-CY1 : July - September, 2020 (Countries less than 30 voyage days from Korea) or August - October, 2020 (Countries more than 30 voyage days from Korea) *One way voyage basis
-CY2 : October 2020 - September 2021 (Evenly Spread)
-CY3 : October 2021 - September 2022 (Evenly Spread)
- Bidders are requested to offer with only 3 Cape (1cape per Month) shipments on FOB basis. (Bidders who offer more or less than 3 capes shall be disqualified.).
Coal Quality
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 5,600 kcal/kg
Restrictions
- Not allowed from East Russia
- South African coal would be Max 3 Cape (1 Cape/month)
Successful Bidders
The successful bidders* except Russian origin shall be increased contract volume from CY2 to CY3 up to 150% the quantity offered for CY1. Successful bidder means the supplier who didn’t over 60 penalty score by coal supply performance evaluation on the supply record of CY1.
Procurement Method
International e-tender
Bid closing date
10:30 A.M., 28th of April, 2020 (Korean Standard Time).. Submission time of bid documents shall be decided only according to the arrival time at Buyer's server system.
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Friday, 17 April 20
OPEC BRACES FOR OIL MARKET'S "HISTORIC SHOCK"
OPEC released its much anticipated April monthly report.
Crude Oil Price Movements
Crude oil prices collapsed in March 2020, rec ...
Friday, 17 April 20
SAUDI ARABIA'S MAY 2020 OSPS FOR CRUDE EXPORTS BODE WELL FOR ASIAN REFINERS - WOOD MACKENZIE
On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia ...
Friday, 17 April 20
SEABORNE COAL PRICES UNDER PRESSURE AS DEMAND SOFTENS IN CHINA, INDIA - CLYDE RUSSELL
Worrying signs are emerging for coal exporters to the world’s biggest markets in Asia, as top buyers China and India move to favour domestic ...
Thursday, 16 April 20
THERMAL POWER SECTOR FACES BLEAK SCENARIO POST-COVID SITUATION - THE HINDU BUSINESS LINE
The centre should take a fresh look at coal-energy value chain as the sector tops the chart on loan defaults.
Covid-19 may have serv ...
Thursday, 16 April 20
CHINA'S BENCHMARK POWER COAL PRICE FALLS 5 YUAN PER TONNE - XINHUA
China’s benchmark power coal price fell by 5 yuan (about 70 U.S. cents) per tonne during the past week.
The Bohai-Rim Steam-Co ...
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- Parliament of New Zealand
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- Siam City Cement PLC, Thailand
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- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
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- Carbofer General Trading SA - India
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- Therma Luzon, Inc, Philippines
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- Power Finance Corporation Ltd., India
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- The State Trading Corporation of India Ltd
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- Energy Link Ltd, New Zealand
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- Sindya Power Generating Company Private Ltd
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- Economic Council, Georgia
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- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
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- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
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- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
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- Romanian Commodities Exchange
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- Cement Manufacturers Association - India
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- Leighton Contractors Pty Ltd - Australia
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- Chamber of Mines of South Africa
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- Global Business Power Corporation, Philippines
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- Agrawal Coal Company - India
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- India Bulls Power Limited - India
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- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
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- Africa Commodities Group - South Africa
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- Sree Jayajothi Cements Limited - India
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- Ministry of Mines - Canada
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- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Wilmar Investment Holdings
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- Latin American Coal - Colombia
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- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
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- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- MS Steel International - UAE
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- Trasteel International SA, Italy
- Australian Coal Association
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
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- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
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