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Steam Coal

We, PT. PANCAWARNA MINERAL INDONESIA, with full legal and corporate responsibility, and under penalty of perjury, with full knowledge of the act of fraud; we are ready, willing and able to deliver the herein offered Indonesian steam coal (non-coking) under the following terms and conditions:

For steam coal offer

  1. ADB 7100 to 6800 kcal/kg
  2. ADB 6700 to 6500 Kcal/kg
  3. ADB 6500 to 6300 Kcal/kg
  4. ADB 6300 to 6100 Kcal/kg; ARB 5500-5300 Kcal/kg 
  5. ADB 6000 to 5800 Kcal/kg; ARB 5200-5000 Kcal/kg
  6. ADB 5800 to 5600 Kcal/kg; ARB 5000-4800 Kcal/kg
  7. ADB 5500 to 5300 Kcal/kg; ARB 4700-4500 Kcal/kg
  8. ADB 5300 to 5100 Kcal/kg; ARB 4500-4300 Kcal/kg
  9. ADB 5100 to 4900 Kcal/kg; ARB 4300-4100 Kcal/kg


PLEASE CONSULT FOR THE LATEST PRICE AND PAYMENT TERM PROCEDURES

TERMS OF GOODS :
Commodity : Indonesian Crushed Steam Coal in Bulk.
Origin : South and East Kalimantan, Indonesia.
Quantity Supply : quantities ordered should be in the multiples 
of 50,000MT ±10% per month for period of 12 (twelve) months for each calorie.
Coal specifications : based on ASTM/ISO standards as below :

PARAMETER TYPICAL GUARANTEE
CV_GAD ADB 7100-6800 6700-6500 6500-6300 6300-6100
CV_GAR GAR 6600-6200 6200-6000 6000-5800 5800-5600
CV_NAR NAR 6300-5900 5900-5700 5700-5500 5500-5300
TM % (AR)     Up to 12% Up to 18%
IM % (adb)     6 - 10 9 - 14
Ash % (adb)     Up to 12% Up to 10%
VM % (adb)     43 43
FC % (adb)     40.6 41.4
TS % (adb)     Up to 1% Up to 0.8%
HGI       45 - 50 42 - 45
Vessel Size       Panamax Panamax
 
PARAMETER TYPICAL GUARANTEE
CV_GAD ADB 5800-5600 5500-5300 5300-5100 5100-4900
CV_GAR GAR 5300-5100 5000-4800 4800-4600 4600-4200
CV_NAR NAR 5000-4800 4700-4500 4500-4300 4300-4100
TM % (AR) Up to 30% Up to 40%    
IM % (adb) 12 - 15 16 - 17    
Ash % (adb) Up to 8% Up to 6%    
VM % (adb) 40 - 43 44    
FC % (adb) 43.55 38 – 42    
TS % (adb) Up to 0.6% Up to 0.4%    
HGI   40 - 45 48 – 54    
Vessel Size   Panamax Panamax Panamax Panamax
           

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TERM OF DELIVERY AND SHIPMENTS :

  1. Delivery : FOB Mother Vessel at any port of Indonesia
  2. Port of Loading : Open sea Anchorage, Taboneo and or Tanjung Pemancingan, and or Muara Satui, South Kalimantan.
  3. Loading rate : 8,000-15,000 MT/WWD SHINC, depend on the vessel facilities.
  4. Vessel requirement : Buyer to nominate a self-loading (craned & geared) vessel suitable for carrying 50,000MT ±10%.
  5. First Shipment of 50,000 MT within 25 days after seller receipt of buyer's financial instrument.

 

Term of Payment :

  1. T/T advance 40% transfer to account Bank, after sign contract agreement, 50% before loading on port container/mother vessel, and 10% Cash after document complete, value allowing partial shipment allowed.
  2. SBLC ON BANKS LOCAL , IM ACCEPTED
    Definition:Standby letter of credit standby letters of abbreviation SBLC (credit) is also called guarantee letters of credit, which does not to pay the value of commodities trading for the purpose, and with the loan financing, or guaranteed loan repayment  for the purpose of the L/C. OR USANCE LC.
  3. We also accept payment by Irrevocable Letter of Credit Transferable/Non Transferable, payable 100% at sight against B/L and shipping documents. The L/C must be issued or confirmed by a Prime International Bank acceptable by the seller (HSBC, Standard Chartered Bank, Citibank, Deutsche Bank are acceptable).
    Performance Bond : Seller shall issue 2% Performance Bond ON SAME ON receiving L/C operative.
  4. INSPECTION : Weight based on draft survey results at loading point obtained by SGS or CCIC an independent, certified draught surveyor. Sampling and Analyses based on loading point results obtained by SGS or CCIC an independent, certified surveillance company. Pre-Shipment Inspection must be done by an independent, certified surveillance company to certify the availability of stock to be loaded before vessel send to loading port by buyer. SELLER shall prepare well at least 80% of all cargo at the loading port 7 days before vessel's arrival at loading port.

 

If the above terms and conditions agreeable to you and the specification meet your requirement, kindly issued LOI (on Buyer's Letterhead) and or ICPO, addressed to PT. PANCAWARNA MINERAL INDONESIA, we will send Official FCO, draft contract, draft PB and other supporting documents immediately

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