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Friday, 01 May 20
KOSPO INVITED OFFER FOR 5600 NCV COAL FOR Q3 2020 LOADING
 COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 260,000 Metric Tons (MT) steam coal for Boryeong Power Plant & Shin Boryeong Power Plant.
According to the Bid Notice No. KOSPO-Coal-2020-ST03 terms and conditions, the bidders are required offer 290,000 MT of 5,600 Kcal/kg NCV coal One Cape size shipment in July and another Cape in August 2020, if load port is Australian port. In this case of load port is South African port, the One cape in June 2H and another Cape in September 1H (Evenly Spread).
Shipment Size
Cape size
Price
One single fixed FOBT Price
Loading Schedule
July to September, 2020
Price Basis
One single fixed price (USD) based on FOBT
Quality
Total Moisture (arb) : Max. 15
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 other countries (except South African and Australian ports)
* In case of bidding the port of Newcastle as a loading port, bidders shall offer quantity in lots of 133,000 MT.
Procurement Method
International e-tender
Bid closing date
10:30, 4th May , 2020 (Korean Standard Time). The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding @ kospo.co.kr) not later than the dead line.
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Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...
Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...
Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.
...
Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...
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