We have BLCO available STC/TTO Togo/Ghana/CIF from big allocation holder based in USA.
Platt - 12/8 TTO/STS or 10/6 CIF
Proposed Procedure:
A. Both parties sign the SPA contract.
B. Buyerâ??s bank issues MT103/72 or MT799.
C. Buyer submits the following documentation: CPA, Q88, Prepaid Invoice, NOR Format, ATL addressed to KDGC.
D. Seller issues NOR to the buyerâ??s empty vessel. Buyerâ??s captain acknowledges the NOR and positions the vessel alongside for STS tie-up.
Note: Buyer must have their inspector already onboard their vessel before receiving NOR
E. Buyerâ??s onboard inspector boards the sellerâ??s vessel, performs the Quantity/Quality (Q/Q):inspection, and releases the report to both parties.
F. Seller issues the Commercial Invoice, and buyer makes payment for the cargo.
G. Upon confirmation of payment, seller transships the cargo into the buyerâ??s vessel.
H. Seller issues the full set of official documents, unties the vessels, pays agent fees, and both vessels depart.
I. Buyer issues an SBLC for the total cargo value ($120M USD), and the seller issues a 2% performance bond. Subsequent shipments commence upon the arrival of the buyer's empty vessels.
