March 16, 2026

Pan Ocean wins KEPCO tender for Indonesia-South Korea coal shipment

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South Korea’s Pan Ocean has secured a tender issued by the Korea Electric Power Corporation (KEPCO) for a Panamax vessel (80,000 t) to transport coal from Tanjung Bara Coal Terminal, Indonesia, to Hosan, South Korea. The laycan is scheduled for 21-30 Jan’26, with the freight reportedly fixed at around $7.10/dmt FIO.

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