Minimum Quantity: 400,000,000 Gallons per Month
Maximum Quantity: 800,000,000 Gallons per Month
CIF Price: Gross USD $ 0.98GL / USD $ 0.96GL NET on CIF
FOB Price: Gross USD $ 0.94 GL / USD $0.92 GL NET on FOB Rotterdam
TRANSACTION PROCEDURE FOB DIP & PAY ROTTERDAM/ HOUSTON
1. Buyer accepts seller working procedure and issue ICPO to the End seller via Seller's
representative.
2. Seller issues a commercial invoice and ICC Warning letter and Buyer signs and returns
commercial invoice and ICC Warning letter on due date along with Buyer TSA.
3. The Seller issues following PPOP to buyer for evaluation:
Statement of Product Availability
IPA (Injection Programming Agreement)
Letter of Guarantee
Upon buyer verification and confirmation of the above PPOP Documents, buyer provide signed IPA
(Injection Programming Agreement) with his tank company to engage injection Programming.
4. Seller provides buyer with Injection program, Fresh SGS, Injection Report and ATV (Physical
Verification) with Unconditional DTA for Dip Test in seller tank for product reconfirmation
before injection to buyer tank.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller pays
commission to all intermediaries involved in the transaction within 24 hours after confirmation
of the buyer's payment.
6. Seller issues draft SPA to the buyer to review for R&E monthly deliveries.
7. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-transferable, auto
revolving for 12 months shipment value, documentary letter of credit for length of contract and
for each lift per schedule. Buyer pays after Dip Test by MT103 Wire Transfer one each monthly
quantity.
8. The subsequent delivery shall commence according to the terms and conditions of the contract.
9. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 hours after receiving
payment from the buyer
TRANSACTION PROCEDURE ON CIF
1. Buyer issues ICPO with this procedure incorporated on the ICPO along with Buyer's company
registration certificate.
2. Seller Issues Sale & Purchase Agreement (SPA), and ICC warning letter Buyer review, amend (if
necessary), signs and return the SPA in WORD format to Seller within 3 banking days. Seller
sends final SPA to Buyer in PDF format; Buyer confirms final SPA and issues letter of acceptance
of the final SPA.
3. Seller issues to Buyer via email the following transaction documents:
A. Commitment to supply
B. Statement of product availability
C. ATSC, Buyer confirms the receipt of the documents by mail and issue confirmation letter within
24hrs
D6 is a type of residual fuel, mainly used in power plants and larger ships. The fuel requires to be preheated before it can be used. It is not possible to use it in smaller engines or vessels/vehicles where it is not possible to pre-heat it. D6 is its name in the USA. In other parts of the world, it has other names. Residual means the material remaining after the more valuable cuts of crude oil have boiled off. The residue may contain various undesirable impurities including 2% water and one- half percent mineral soil. D6 fuel is also known as residual fuel oil (RFO), by the Navy specification of Bunker C, or by the Pacific Specification of PS-400.
Virgin Oil D6, also known as residual fuel oil, is a petroleum product that is obtained from the refining process. It has a high density and a high viscosity, making it a suitable heavy fuel oil used in large marine engines and power plants that require high levels of energy. Virgin Oil D6 is produced from the residue left over after the lighter hydrocarbons, such as gasoline and diesel fuel, are removed from crude oil. It is a heavy, black viscous liquid that is resistant to flow. The product has a high sulfur content, typically between 2.5% and 4%, and a calorific value of approximately 38 MJ/kg.
D6 is also be known as Residual Fuel Oil and is of high-viscosity. This particular fuel oil requires preheating to 220 - 260 Degrees Fahrenheit. D6 is mostly used for generators. D6 is a type of residual fuel, mainly used in power plants and larger ships. The fuel requires to be preheated before it can be used. It is not possible to use it in smaller engines or vessels/vehicles where it is not possible to pre-heat it. D6 is its name in the USA. In other parts of the world it has other names. Residual means the material remaining after the more valuable cuts of crude oil have boiled off. The residue may contain various undesirable impurities including 2 percent water and one-half percent mineral soil. D6 fuel is also known as residual fuel oil (RFO), by the Navy specification of Bunker C, or by the Pacific Specification of PS-400 Recent changes in fuel quality regulation now require further refining of the D6 in order to remove the sulfur, which leads to a higher cost. Despite this recent change, D6 is still less useful because of its viscosity as well as that it needs to be pre-heated before it can be used and contains high amounts of pollutants, such as sulfur. Since it requires pre-heating, it cannot be used in small ships or boats or cars. However large ships and power plants can use the residual fuel oil. The price of D6 diesel traditionally rises during colder months as demand for heating oil rises, which is refined in much the same way.In many parts of the United States and throughout the United Kingdom and Australia, d6 diesel may be priced higher than petrol. D6 Diesel Standards and ClassificationCCAI and CII are two indexes which describe the ignition quality of residual fuel oil, and CCAI is especially often calculated for marine fuels.
Supplier: Bonny light crude oil (blco), yemen light crude oil, jet fuel, diesel d2, d6, mazut, base oil, gasoline, cocoa bean and powder, petroleum products, coal, diesel, bitumen, petcoke, aluminum, hms, charcoal, wheat, sugar, milk, soybean, corn, beef, chicken, flour, meal, rye, frozen vegetable, okra, french fries, etc.
Services: Procurement, exporter
Supplier: Wood charcoal, sawdust charcoal, hexagonal bbq charcoal
Supplier: Grains like corn, corn gluten meal, ddgs, soybeans, soybean meal, soy hull pellets, canola meal and pellets, cotton seeds and meal, and wheat, conventional or organic (non gmo), dairy products, frozen meats and seafood, plastic scraps, fish meal, fish oil, whey powder, flax seeds, beet pulp pellets, meat and bone meal, poultry meal, feed, 3d printers, beans, peas, nuts
Services: Commodities brokerage firm
Supplier: Fresh vegetables, fresh products: orange, potatoes, yellow onion, red onion, fresh garlic, dry garlic, dry white beans, pomegranate,
intermediation for diesel en590, jp54 aviation jet fuel a1, d6 diesel oil , d2 diesel oil, lpg, lng, automotive gas oil (ago)
intermediation for sugar icumsa 45, yellow corn, wheat
Services: Intermediation for diesel en590, jp54 aviation jet fuel a1, d6 diesel oil , d2 diesel oil, lpg, lng, automotive gas oil (ago)
intermediation for sugar icumsa 45, yellow corn, wheat
Buyer: Sugar icumsa 45, diesel en590, jp54 aviation jet fuel a1, d6 diesel oil , d2 diesel oil
Supplier: En590 10 , d6 , naphtha , jetfuel, nigerian crude, petcoke, and iron ore ( mexico origin )
Buyer: Used/second hand equipment, machinery, plants, granular sulphur
As Per Seller Procedure only. Dip and pay CIF FOB
