This document provides indicative terms for a shipment of 50,000 metric tons +/- 10% of steam coal from East Kalimantan, Indonesia. The coal would be loaded onto a geared and grabbed vessel at a rate of 8,000 metric tons per weather working day at a port in East Kalimantan between July 2020. Payment would be made via an irrevocable letter of credit upon presentation of documents. The coal specifications include a gross calorific value of 4500 kcal/kg and limits on ash content, total sulfur, and sizing.
This document provides indicative terms for a shipment of 50,000 metric tons +/- 10% of steam coal from East Kalimantan, Indonesia. The coal would be loaded onto a geared and grabbed vessel at a rate of 8,000 metric tons per weather working day at a port in East Kalimantan between July 2020. Payment would be made via an irrevocable letter of credit upon presentation of documents. The coal specifications include a gross calorific value of 4500 kcal/kg and limits on ash content, total sulfur, and sizing.
This document provides indicative terms for a shipment of 50,000 metric tons +/- 10% of steam coal from East Kalimantan, Indonesia. The coal would be loaded onto a geared and grabbed vessel at a rate of 8,000 metric tons per weather working day at a port in East Kalimantan between July 2020. Payment would be made via an irrevocable letter of credit upon presentation of documents. The coal specifications include a gross calorific value of 4500 kcal/kg and limits on ash content, total sulfur, and sizing.
Jakarta Selatan 12190, Indonesia Telephone: +62 8159558445 http://www.naturearthresources.com
INDICATIVE TERMS
GAR 4500 from East Kalimantan
COMMODITY : STEAM COAL in Bulk.
QUANTITY : 50,000MT +/- 10% at vessel option. SURVEYOR : Any Independent Surveyor at Seller's Option LOADING POINT : East Kalimantan, Indonesia LOADING RATE : 8,000 tpwwd shinc LAYCAN : July, 2020. Final laycan to be mutually agreed, but subject to clean workable LC being available with Seller at least 5 working days before start of laycan & buyer providing workable vessel nomination (of suitable geared & grabbed vessel) at least 7 days before ETA of vessel. PAYMENT : 100% LC at sight by International Prime Bank upon documents presentation. VALIDITY : Subject Unsold and Subject to Reconfirmation by Contract Seller SPECIFICATIONS :
Parameter Basis Typical Rejection Unit
Total Moisture ARB 36 No Rejection % Inherent Moisture ADB 16 No Rejection % Volatile Matter ADB 40 No Rejection % Fixed Carbon ADB By Difference No Rejection % Ash Content ADB 4 >8 % Total Sulphur ADB 0.15 > 0.3 % Hard Grove Index - 40 – 55 No Rejection - Gross Calorific Value ARB 4500 < 4300 Kcal/kg Size 0-50 mm - 90 No Rejection % Load port weight and quality will be final and binding on both parties. Other terms to be mutually discussed and agreed.