Buyer is interested to receive quotations for the following RFQ -
Product Name: Light Crude Oil
Specifications :
Procedures Tanker Take Over (TTO)
1. Buyer Issues An Official Icpo With Company Registration License.
2. Seller Issues Takeover Of Contract Mou To Buyer Along With The Ncnda/imfpa For
All Parties/intermediaries To Sign, Buyer Signs And Returns The Takeover Of Contract
Mou With An Official Acceptance Letter To Execute The Transaction Along With The
Ncnda/imfpa Signed By All Parties/intermediaries Involved.
3. Seller legalizes the Takeover of Contract MOU and within 48hrs release copies to
buyer with the PPOP/Shipping Documents;
Bill Of Lading
Vessel Tanker Details
Cargo Manifest
Product Passport (analysis Test Report)
3% Payment Invoice
4. Upon Receipt Of The Above Documents By The Buyer, Buyer Verifies Product
Availability/vessel Positioning Via The Vessel Master/captain And Shipping
Company; Buyer Within 48hrs Makes 3% Part Payment Of The On-board Product
Quantity As Transaction Commitment And Security Guarantee Deposit/payment
Via T/t-mt103 To Seller’s Bank (note: The 3% Part Payment Will Be Deducted From
The Product Total Value)
5. Upon Receipt Confirmation Of The Above Payment, Seller Issues The Act Of Transfer
/ Change Of Ownership Title Documents, Loading Port Sgs Test Report, Product
Approval To Export Certificate, Product Export License Certificate, Authorization To
Board The Vessel (atb) And Dip Test Authorization (dta) And All Shipping
Documents Will Be Re-issued In Buyer’s Name And Vessel Will Be Sent/rerouted To
The Buyer’s Discharge Port
6. Upon Arrival Of The Vessel At Discharge Port And On Successful Discharge Port Sgs
Or Equivalent Inspection, Buyer Pays 97% Balance Payment Of The Total Product
Value Via T/t-mt103.
7. Seller Pays Commission To All Parties Stipulated In The Signed Ncnda/imfpa Within
72 Hours.
Additional Details / Information
Delivery Tanker Take Over (vessel Reroute To Buyer’s Desginated Destination Port)
Packaging Terms : Customized
Quantity Required : 100000 Metric Ton/Metric Tons
Shipping Terms : TTO
Destination Port : China
Payment Terms : MT103
Looking for suppliers from : Worldwide
Contact : Dwayne Stallion
Please provide a quotation to the following requirement from importer -
Product: Light Crude Oil
Specifications:
Target prices: Light Crude Oil - $60 - $65 per MT TTO
There will be NO ADVANCE PAYMENT by the Buyer. The procedure is really simple (E.g. Cash and Carry) (1) Buyer issues ICPO
(2) Seller issues SPA
(3) Buyer signs SPA
(4) Seller issues PPOP and agrees with the Buyer to board the vessel in / near China waters
(5) Buyer boards the vessel and conducts testing of product and verification of documents
(6) Ownership of documents get changed to Buyer
(7) Vessel is directed to port
Qty: 100,000 MT per vessel
Quantity Required : 100000 Metric Ton/Metric Tons
Shipping Terms : Tanker Take Over (TTO)
Destination Port : China
Payment Terms : MT103
Looking for suppliers from : Worldwide
Contact : Russell Wong
Buyer is interested to receive quotations for the following RFQ -
Product Name: Light Crude Oil (L.C.O)
Specifications :
Subsequent Month It Will Be Discussed
Quantity Required : 50000 Ton/Tons Monthly
Shipping Terms : CIF
Destination Port : ASWP,
Payment Terms : L/C
Looking for suppliers from : Worldwide
Contact : H.T Chiam
Please provide a quotation to the following requirement from importer -
Product Name: Nigerian Bonny Light Crude Oil
Inspection: SGS similar export certificate on quality, quantity and weight at loading port will be provided at seller's expenses / SGS certificate will be verified by Buyer through SGS Geneva
Origin: Nigeria
Quantity: 2,000,000.00 Barrels per month
Duration: 1 year contract with rollovers and extensions
Price: CIF Discount to Platt USD 12.00 Gross / USD 8 .00 Net
Insurance: borne by the Seller
PROCEDURES & PAYMENT
After contract signature Seller sends first the following Proof of Product to the Buyer for necessary verification:
Bill of Lading with Q88, SGS or similar report, IMO number with Captain name of the floating cargo with destination.
After successful confirmation Buyer issues NON-TRANSFERABLE, NON-OPERATIVE SBLC in the amount of one monthly cargo.
Instrument not to be monetized and is to be activated by Sellers 2% performance bond.
Transfer fees of the banking instrument (SBLC) to be on beneficiary account.
Both instruments (SBLC and Performance Bond) serve only as a guarantee for both parties and remain active for the duration of the contract.
After successful inspection against Q/Q, SGS report at destination port Buyer release payment within 3 (three) days by SWIFT MT 103 (wire cash transfer).
Please be advised the following procedure is non-negotiable, only after successful presentation of related documents, which follows immediately after contract signature and therefore must be mentioned in the contract at the beginning of the procedure: After contract signature seller has to provide the following documents: B/L with Q88 SGS or similar IMO with Captainâ??s name of the floating cargo with destinations, After careful verifying of all documents Buyer will issue SBL/C non-operative, non-transferable Payment on arrival in Refinery port after successful verification of SGS/Q & Q, payment by TM103, wire cash transfer
Quantity Required : 2000000 Barrel/Barrels
Shipping Terms : CIF
Destination Port : Europe, Usa And Canada, Other-Not Shown
Payment Terms : DLC
Looking for suppliers from : Europe, United States, Canada
Contact : Rolando Hanipale
The buyer would like to receive quotations for -
Product Name: Bonny Light Crude Oil
Specifications:
Quantity : 1,000,000 barrels per month 12 months
Quantity Required : 1000000 Barrel/Barrels
Shipping Terms : CIF
Destination Port : Indonesia
Payment Terms : Bank Transfer
Looking for suppliers from : Worldwide
Contact : Kwon In Cheul
The buyer would like to receive quotations for -
Product Name: Nigerian Bonny Light Crude Oil
Specifications :
Origin: Nigeria
Quantity Required : 2000000.00 Barrel/Barrels Monthly
Shipping Terms : CIF
Destination Port : Italy
Payment Terms : L/C
Looking for suppliers from : Worldwide
Contact : Rolando Hanipale
Buyer is interested to receive quotations for the following RFQ -
Product Name: Crude Oil
Packaging Terms : Customized
Quantity Required : 1000000 - 5000000 Barrel/Barrels Monthly
Shipping Terms : CIF Or FOB
Destination Port : Canada
Payment Terms : L/C Or T/T
Looking for suppliers from : Worldwide
Contact : Vinod Verma
The buyer would like to receive quotations for -
Product Name: Heavy Crude Oil
Specifications :
1 Year Contract
Quantity Required : 2000000 Barrel/Barrels Monthly
Shipping Terms : CIF
Destination Port : Qingdao Port, China
Payment Terms : L/C
Looking for suppliers from : Worldwide
Contact : Ussamah Dib
Please provide a quotation to the following requirement from importer -
Product Name: Crude Oil
Specifications :
Origin: Any
Packaging Terms : Customized
Quantity Required : MOQ
Shipping Terms : CIF
Destination Port : United States
Payment Terms : L/C
Looking for suppliers from : Worldwide
Contact : Wali Al-Amin
