EN590 FOB TTV Seller Procedure
Origin : Kazakhstan
Loading port: Singapore port
UNIT PRICE : USD 490/MT
PAYMENT TERMS : MT103
TRANSACTION TERM : FOB
1. Buyer accepts seller working procedure and issue ICPO
2. Seller's issues commercial invoice (CI), Buyer signs and returns back commercial invoice.
3. Seller issue TSR with GPS coordinate to Buyer Company,
4. Buyer contacts the Seller's storage facility for tank extension to enable Buyer approval to gain access to the facility and execute the Quality & Quantity Inspection in Seller Tank Farm for FRESH Analytical Report/Result by SGS. ( Note* One day extension fee is 78,000 usd and will be deduct when buyer is paying total amount )
5. After successful DIP test, (NCNDA/IMFPA) will be signed by all parties.
6. Seller injects product into Buyer's vessel or injects into Buyer's tanks Buyer or buyer take over the storage tanks, within maximum 48 hours Buyer pays via MT 103/TT for the spot transaction and seller issues all export documents to buyer.
7. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction and proceeds with the signing of contract with Buyer.
1. Buyer sends ICPO, Company Profile along with current and valid TSA company registration certificate+ buyer passport number + company profile to seller on receipt of seller's soft corporate offer.
2. Seller issues commercial invoice of the product in tanks at the port of Rotterdam and returns commercial invoice.
3.seller will provide the Proof of Product (PPOP) documents for product verification Which include
Tank Storage Receipt (TSR)
Certificate of origin
Statement of Product Availability,
Authorization to Verify (ATV), and
Dip Test Authorization (DTA) Letter.
4.After successful verification of the PPOP, the buyer will contact the seller's Tank Storage Company to request a 1-day payment invoice to enable Buyer obtain all the necessary authorization and clearance for a Dip Test schedule.
*Or*
Buyer must have a minimum of 10 days TSR to avoid one day tank extension.
5.Upon a successful Dip Test conducted in the seller's tanks, the buyer will make the payment for the total product cost based on the SGS Report via MT103. The seller will transfer title ownership to the buyer and send all exportation documents. The buyer can then either transfer the product into a vessel or take over the seller's tanks for further storage.
6. Upon a successful Dip Test conducted in the seller's tanks, the buyer will make the payment for the total product cost based on the SGS Report via MT103. The seller will transfer title ownership to the buyer and send all exportation documents. The buyer can then either transfer the product into a vessel or take over the seller's tanks for further storage.
7. All intermediaries involved in the transaction will sign a Non- Circumvention, Non-Disclosure Agreement (NCNDA) and International Master Fee Protection Agreement (IMFPA). These documents will be forwarded to the seller for endorsement, and the seller will provide the Endorsed NCNDA/IMFPA and Authorization to Sell and Collect (ATSC).
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148352 Miscellaneous Suppliers
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GREEN PET COKE Payment mode - 100% LC For price and specifications please email LOI with BCL. We can supply Petcoke from Russia.
We deal in fuel grade , anode grade essar petcoke in large quantity.
Russian Green Pet Coke Sulphur from 0.2 -0.6% Max and Fuel Grade Petrol Coke with Sulphur from 2.5 to 6% Max We can produce per customer required Spec's General Spec's attached for Each.
En590 10ppm Diesel
Vopak-to-vopak Procedure:
1- Buyer Sends Cis + Cp
2- Conference Call /meeting Between Buyer & Seller Where Both The Parties Exchanges
Vopak Tank Coordinates
3- Seller Release Ci, Buyer Counter Signs
4- Seller Releases Full Pop With Fresh Sgs Report
5- Buyer Makes Full Payment Via Mt 103
6- Seller Transfers Title To Buyer
7- Buyer Pays Commission To Intermediaries
8- Seller Issues Spa Contract For 12 Months
Platts {-} Minus 50 U$d Nwe And U$d 10.00 Commission Payable By The Buyer. Hence Net Cost To
The Buyer Will Be Nwe Platts {-} Minus 40 U$d
Product: En590-10ppm
Quantity: 100,000 Mt
Availability: Fob Rotterdam {vopak Tank/s}
Monthly Deliveries In Annual Contract
Conditions: Ncnda { Attached} And Intermediary Services CONTRACT {ATTACHED} will be signed
by the Buyer once their CIS + CP is accepted by the Seller.
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