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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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Thursday, 09 April 20
SUSPENSION OF WRONGFUL TRADING IN LIGHT OF COVID 19 - WF&W
KNOWLEDGE TO ELEVATE
DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS
As the UK&rsquo ...
Wednesday, 08 April 20
LESSONS LEARNED FROM SCRUBBER INSTALLATION AND OPERATION - ABS
KNOWLEDGE TO ELEVATE
At the beginning of this year, the IMO’s global sulfur cap on marine fuels entered into force and shipowners who ch ...
Wednesday, 08 April 20
MARKET INSIGHT - INTERMODAL
With lockdown measures around the globe tightening during the last weeks of Q1, there is finally a feeling that most countries are slowly but stead ...
Tuesday, 07 April 20
SHIPPING MARKET ANALYSIS - ALLIED
With the first quarter of 2020 now firmly written in the books, it is worth examining what we have witnessed so far in the tanker market. Undoubted ...
Tuesday, 07 April 20
IS CHINA EMBARKING ON A MAJOR EXPANSION OF COAL-FIRED POWER GENERATION? - WOOD MACKENZIE
As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of t ...
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- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Planning Commission, India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- The University of Queensland
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