EN590 10PPM
FOB Rotterdam / Fujairah
Tank To Vessel
Refinery Tank To Vessel/dip & Pay Procedure
1. Buyer issues official ICPO addressed to the refinery or representative.
2. Seller issues Commercial Invoice (CI), buyer signs and returns the signed invoice to the
seller.
3. Seller issues to the buyer the partial proof of product documents:
ATSC - Authority to sell and collect
Seller TSR
DTA - Dip Test Authorization
PRODUCT PASSPORT - Product analysis report from a renowned inspection company.
Statement Of Product Availability Duly Signed AND Notarized By The
Appropriate Authorities.
Commitment Letter To Supply
ATV Authority to verify the existence of the product via email or phone call.
4. Buyer obtains port and terminal access permit through the tank farm in order to gain access
to conduct dip test
5. After a successful Dip Test in Sellerâ??s tanks, Buyer takes over seller's tank or Seller
injects into buyer's vessel / Tank and buyer conducts its DIP TEST Inspection for Q & Q of
the Petroleum Products aboard vessel / Tank.
6. Buyer after a successful Q &Q Dip test on the product, the buyer makes the
payment for the total value of the product injected into the tanks through the means of
MTI03 - TT.
7. Upon seller receives the payment for the product from the buyer, the seller issues
to the buyer the Title ownership of the product and all exporting documents of the
Product. The seller pays all intermediaries involved in the transaction
