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Please quote for the following wholesale product requirement -
Product : EN590 10 ppm Diesel
Specifications:
Diesel
Quantity: 200,000 mt
Procedure Tank To Tank Or Tank To Vessel
1. Buyer issues ICPO / CP
2. Seller issues commercial invoice (CI).
3. Buyer signs, seal and returns the commercial invoice.
4. Seller signs, seals, and returns commercial invoice to buyer along with the following product docu1nentation:
• Quality and Quantity Report (Q&Q) (including SGS or equivilant).
• Allocation Certificate
• Tank Storage Receipts. (TSR)
• Authorization to verify (ATV)
• Unconditional Dip Test Authorization (UDTA). Depending on the age of the report, buyer may elect at buyer's expense to perform new inspection.
• Authorization to Sell & Collect (ATSC)
• Certificate of Origin.
• Statement of Product Availability
• Injection Report
• Product Passport (Includes product analysis report)
5. Buyers logistics tank terminal company, or inspection company, varifies the above documentation and fuel directly with the Seller's logistics tank ten11inal company or inspection company
6. Upon varification of the above documents and fuel, buyers has option to receive fuel in tanks or transfer to vessel. Buyer's tank farm provides tank codes (TSR) direct to sellers terminal, or Q88 and neccesary Vessel documentation to seller and sellers terminal to set up schedule for transfer of product 24-48 housrs after payment in full is received by the seller.
7. Buyer pays 100% full value of the CI via MT 103 wire transfer or GPI within 24 hours.
8. Seller provides full title transfer to Buyer.
9. Fuel is transferred to buyers tanks or vessel after payment is confimed.
I0. Contract lifts commence per the term agreement (If
Applicable).
TANKER TAKE OVER TRANSACTION PROCEDURE
1. Buyer provides ICPO.
2. Seller sends the Q88 of the vessel loaded, the product specifications and the Commercial Invoice (for the Buyer to accept)
3. Seller issues to the Buyer legalized CI along with Cargo and Shipping documentation as detailed below:
a. Injection Report
b. Q&Q (Quality and Quantity report), analysis at port of loading
c. Sampling Report and Ullage Report after loading
d. BIL (Bill Of Lading Vessel)
e. Certificate of Origin
f. Cargo Manifest
g. ATSC (Authority To Sell and Collect) *to Buyer from Cargo Owner I Titleholder
h. Vessel Q88
i. MATB (Master Authority To Board) from Vessel Master to Buyer's Nominated Inspection Team
4. Seller will introduce the Vessel Owners to the Buyer and CPA T&C's reviewed/confirmed/accepted by both Vessel Owners and Buyer.
5. The Buyer sends their non1inated inspection Company at their own expense to board the vessel and perform the Q&Q and sampling.
6. After successful onboard Q&Q inspection Buyer receives the Fresh Q&Q.
7. Seller issues the Final C01nmercial Invoice (with the Quantity results obtained).
8. Buyer pays for the Cargo and the Vessel Charter by MT103. Once the Seller receives payment of 100% of the product, Title is transferred, and the Buyer takes control of the product and the Vessel.
9. Buyer takes the vessel on a TTO basis (Tanker Take Over) and arranges with the Ship owner the conditions of the transportation. The Seller has nothing to do with the CPA between Buyer and Ship owner.
Please provide a quotation to the following requirement from importer -
Product: EN590 Diesel
Specifications:
Quantity: 200,000 MT per month x 12 Months
Transaction Procedure:
1. Buyer issues ICPO along with Charter Party Agreement (CPA) for seller's approval.
2. Seller issues Commercial Invoice (CI) for the available quantity. Buyer signs and returns.
3. Seller provides Partial Proof of Product (PPOP), including:
a. Tank storage reservoir receipt,
b. Product passport report,
c. Title Transfer Affidavit,
d. Certificate of Origin,
e. UDTA (Unconditional Dip Test Authorization)
4. Buyer conducts SGS inspection for quality and quantity verification. Upon a satisfactory dip-test report, buyer pays the total cost of the product.
5. Seller transfers title of ownership to the buyer and injects the product into the buyer's storage or vessel.
NOTES
Required agreements (Irrevocable Paymaster Agreement - IPA / Tank to Vessel Injection Agreement - TTVIA) are signed before product injection.
Seller and buyer sign a 12-month contract if satisfactory, with continued deliveries as per agreement.
PERFORMANCE BOND:
A 2% Performance Bond (PB) will be issued upon contract signing.
PAYMENT TERMS:
MT103/TT Wire Transfer upon successful SGS dip-test inspection at Fujairah storage tanks.
INSPECTION:
SGS or equivalent inspection at seller's expense.
Key Directives
Seller must confirm full capability to execute under the above terms.
All procedures must adhere to international compliance and standard industry practices.
Performance-ready sellers are invited to present their best offers with full terms.
We look forward to your swift confirmation and engagement.
