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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
KOSPOKorea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean Genco's Power Plants as follows:
 
Quality (based on ASTM standards) : NCV 3,800 to 4,999 kcal/kg. Entirely coal supplied from a coal mine company with the latest annual production record of Min. 3 million tons of the coal with the same quality. Supply of coal for any shipment from more than one mine is not allowed. TM: Max. 43%, Ash (adb) Max. 10%, Total Sulphur (arb) Max. 0.8%
 
Quantity and Price: Each bidder is requested to offer at least 80,000MT plus/minus ten(10) percentages at a shipping tolerance of FOBT price. One single fixed number (USD) based on FOBT Guaranteed NCV. In the event the Guaranteed Specification for NCV is below 5,000kcal/kg NCV and the Certified NCV at the loading port is found to be more than 5,000kcal/kg NCV, the Base Price per ton shall be reduced by the amount of $3.
 
Shipping Schedule:  (Indonesian Port) February 1-14, 2024. 
 
Bid Closing Date/Time: 14:00, January 9th, 2024 (Korean Standard Time)


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Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...


Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...


Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...


Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...


Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...


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