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Saturday, 05 June 21
KOMIPO INVITED 5600 NAR COAL OFFERS FOR THREE YEARS SUPPLY; 520,000 MT PER YEAR
 COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used at Boryeong & Shin Boryeong Power Plants for three years.
According to the bid notice no.: KOMIPO-Bid Notice-2021-LT05 terms and conditions, the bidders are required offer One single fixed FOBT price basis.
Total Quantity
520,000mt per year (130,000mt*4 Capesize)
Shipments
Min. 5,600kcal/kg (TS: 0.8% Max) (4 Cape) +/- 10% Shipping Tolerance
Shipping Schedule (Loading Basis)
For South African, North American, West Russian Coal
[CY1] 1st : August, 2021; 2nd : September, 2021; 3rd~4th : Q4,2021~Q2,2022
[CY2~CY3] Q3,2022~Q2,2024, Evenly spread
For Columbian Coal
[CY1] 1st : July, 2021;2nd : August, 2021; 3rd~4th : Q4,2021~Q2,2022
[CY2~CY3] Q3,2022~Q2,2024, Evenly spread
Origin
South Africa, North America, West Russia or Columbia
Price Basis
One single fixed price (USD) based on FOBT
Quality
Total Moisture (arb) : Max. 15
Volatile Matter (adb) : 22-38%
Ash (adb) : Max. 18%
Total Sulphur (arb) : Max. 0.8%
Net Calorific Value (arb) : Min 5,600 kcal/kg
Payment Terms
Telegraphic Transfer(T/T) payment basis only
Restrictions
New bidders are not allowed to attend this tender
Australian Coal Not Allowed
Procurement Method
International e-tender
Submission of Bid Documents
The Bid Documents shall be submitted by designated e-mail below not later than the deadline. E-mail : jsh3143@komipo.co.kr and tulip777@komipo.co.kr
Bid closing date
10:00 hrs on June 8, 2021 (Korean Standard Time).
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Thursday, 10 June 21
INDONESIA COAL EARNINGS RECOVERY TO SLOW AFTER STRONG 1Q - FITCH RATINGS
Fitch Ratings expects the recovery in operating and financial performance of Indonesian coal miners and coal contractors to slow during rest of 202 ...
Thursday, 10 June 21
U.S. COAL PRODUCTION TO TOTAL 600 MMST IN 2021, 11% MORE THAN IN 2020 - EIA
EIA expects U.S. coal production to total 600 million short tons (MMst) in 2021, which is 61 MMst (11%) more than in 2020.
The increase is dri ...
Wednesday, 09 June 21
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
The In-Person Maritime Event
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
culminates successfully in Dubai
Press Release: ...
Wednesday, 09 June 21
MARKET INSIGHT - INTERMODAL
“Counter cyclical investments.” usually take place by investing in a “bad” market at the point that ensures that the acquir ...
Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
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