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Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
 COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal and 480,000 Mt of Min 4,600 - Max 4,999 NCV coal for Boryeong Power Plant & Shin Boryeong Power Plant.
According to the bid notice KOMIPO-bid notice-2020-SP03 & LT03 terms and conditions, the bidders are required offer 130,000 mt of 5700 NCV coal for July, 2020 loading and 480,000 Mt of Min 4,600 - Max 4,999 NCV coal for (CY1) July to December 2020 loading.
Basic terms of Inquiry for HCV coal (Min 5,700 NCV)
Quantity
130,000 Mt
Shipment Size
Cape size
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 5,700 kcal/kg
Restrictions
New bidders are not allowed to attend this tender
Russian, Indonesian, Chinese, Colombian coal are not allowed to participate
Basic terms of Inquiry for LCV coal (Min 4,600 - Max 4,999 NCV)
Quantity
CY1: 480,000 MT, CY2- CY3: 960,000 MT
Shipment Size
6 Panamaxes : 80,000 MT (The shipment size must be at least 80,000MT, with a gearless vessel)
Quality
Total Moisture (arb) : Max. 28
Volatile Matter (adb) : 22-45%
Ash (adb) : Max. 17%
Total Sulphur (arb) : Max. 0.6%
Net Calorific Value (arb) : Min 4,600 - Max 4,999 Kcal/kg
(The coal to be delivered shall be entirely supplied from a single mine)
Restrictions
New bidders are not allowed to attend this tender
Russian, Chinese coal are not allowed to participate.
Loading Schedule
CY1 1st shipment : July, 2020 & Shipments 2-6 : Q3~Q4, 2020
CY2-CY3 : Evenly spread
Basic terms of Inquiry for Both types of Coal
Price Basis
One single fixed price (USD) based on FOBT
Procurement Method
International e-tender
Bid closing date
13:00 Hrs on May 28, 2020] (Korean Standard Time).
The Bid Documents must be delivered in person, by mail or courier to the address below to arrive by no later than the Bid Closing Date to Mr. You Shin Kim/ General Manager / Fuel Management Team, 1st floor Information Desk, Seoul Power Plant, Korea Midland Power Company Limited, 56, Tojeong-ro, Mapo-gu, Seoul, Republic of Korea
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Wednesday, 06 May 20
COST CHALLENGES IN A US$20/BBL WORLD - WOOD MACKENZIE
A new approach is needed to ensure supply sector resilience
How will US$20/bbl affect the oil and gas supply chain?
It’s going to g ...
Wednesday, 06 May 20
MARKET INSIGHT - INTERMODAL
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by the Cov ...
Wednesday, 06 May 20
FLOATING STORAGE OF OIL CARGOES - STANDARD CLUB
KNOWLEDGE TO ELEVATE
Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefi ...
Wednesday, 06 May 20
IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
Iron ore trade remains remarkably resilient this year, at least in Asia, despite the global economic impact from COVID-19. In the first 4 months of ...
Tuesday, 05 May 20
SUPRAMAXES: YTD SLIDE HAS BEEN 45%, WITH THE AVERAGE FOR 2020 TCA HOLDING AT US$5,793 - ALLIED
It has been almost three months since the WHO officially categorized the current coronavirus outbreak as a global pandemic, an outbreak that has br ...
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- Ministry of Mines - Canada
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- Parliament of New Zealand
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- Electricity Authority, New Zealand
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- Interocean Group of Companies - India
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- The Treasury - Australian Government
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- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
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- Makarim & Taira - Indonesia
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- Carbofer General Trading SA - India
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- Metalloyd Limited - United Kingdom
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- Bhushan Steel Limited - India
- Mjunction Services Limited - India
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- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
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- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
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- SMG Consultants - Indonesia
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- White Energy Company Limited
- Central Electricity Authority - India
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- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- The University of Queensland
- GMR Energy Limited - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
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- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- New Zealand Coal & Carbon
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Economic Council, Georgia
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