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En-590 Ulsd 10 Ppm - Diesel

(4.4)
Supplier From United Kingdom
VERIFIED
Oct-29-20

* Quantity MIN 50,000MT x 12 months

* Origin: German Origin

Specifications: The products are in accordance with the specifications requested by The Buyer or presented by The Seller.
* Payment: By MT103/760

* Price/Commissions: Final price to Buyer is the Gross, including all commissions.

* Payment is then made by Seller, who carries out all commissions transfers.

*Contract: 12 Months with possible rollovers.

* Inspection: SGS or similar

* CIF SBLC PROCEDURE - Summary of our procurement process:-

1. Buyer issue an RFP (Per attached template -w- specification sheet)

2. We issue a commercial offer with all relevant tacit data

3. Buyer returns signed commercial offer in conjunction with a Banker Signed RWA letter (Verbiage will be attached in the commercial offer)

4. Seller issues the Sales & Purchase Agreement

5. The Contract is formalized and lodged with respective bankers

6. Buyer's Banker issues a Pre-Advice MT799

7 Seller issues the Price Lock Notice (a discount is set on this day per the Platts Assessment of the day)

8. Buyer Banker issues the collateral (MT760)

9. Seller's Banker issues 2% Performance Bond

10. Seller charters the vessel/barges

11 Seller berths the vessel/barges

12. Seller loads the vessel/barges

13. Seller issues Product & Shipping Documentation (Digitally AND via courier)

14. Vessel/Barge departs for destination

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