1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) with client information sheet (CIS) and Bank
Comfort Letter (BCL).
2. Seller issues Draft Sales and Purchase Agreement (SPA) and, Commercial Invoice for Buyer's review
and signing.
3. Buyer signs the Sales and Purchase Agreement and Commercial Invoice back to the Seller. Seller has
authorization to verify (ATV) Buyer bank for BCL.
4. Seller's Lawyer legalizes the signed Sales and Purchase Agreement.
5. Seller sends legalized Sales and Purchase Agreement and below Partial POP Documents as listed
below to Buyer:
a. Certificate of Origin
b. Commitment to Supply
c. Product Passport
d. Statement of Availability of the product
e. Export license
6. Buyer issues their Financial Guarantee (SBLC/MT760) to cover the first (month) shipment to the Seller's
bank within 3-5 working Days.
7. If Buyer fails to issue SBLC/MT760 in 3-5 working days, in alternative Buyer shall make Security
Guarantee Deposit of 2% via T. T Wire of total value of the first shipment to Seller's fiduciary bank account
as performance to secure the allocation, which will be deducted from the first shipment.
8. Upon confirmation of Buyer's SBLC/MT760 or Security Guarantee Deposit of 2% via T. T Wire to Seller's
fiduciary bank, Seller will issue 2% Performance Bond, Full POP and Shipping Documents via SWIFT
bank-to-bank as shown below:
a. Product Allocation Export Permit
b. Allocation Title Ownership Certificate
c. Contract to transport the product to the loading port
d. Port storage agreement
e. Charter party Agreement to transport the product to discharge port
f. Tank Storage Receipt
g. SGS Quality and Quantity Certificate
h. Bill of Loading
i. Vessel Questionnaire 88
Note: Products of non-sanctioned countries, vessels & documents are non-Russian.
9. Shipment commences and upon arrival of the vessel tanker at the discharge port, Buyer conducts SGS
or Equivalence Inspection for Quantity & Quality and makes payment for the full shipment via TT Wire
or MT103 within 72 hours.
Dear Sir(s),
We, who represent the End Seller, have please issuing this Soft Corporate Offer (SCO) for EN590 (10PPM) for export.
The Refinery we work with has the ability to supply the product listed below, FOB ROTTERDAM (TTT), according to their standard specifications and meet the SGS/similar quality standards. Kindly confirm and specify the quantity of EN590 fuel you are requesting.
Kindly DO NOT reply to this SCO if you are not the END BUYER / BUYER MANDATE / Or in a JV with the BUYER or you are not the company paying for the petroleum product(s) via MT103 T/T or issuing the SBLC/MT760 or DLC/MT700. When you are ready to issue the ICPO, we will provide the details of the company/person(s) that the ICPO must be addressed to.
PRODUCT: EN590 (10PPM).
TRIAL SHIPMENT: 100,000 MT trial to spot.
QUANTITY CONTRACT: up to 1,000,000 MT/12 Months with R&E.
PRICE: USD $560.00 Gross/MT - $550.00 NET/MT.
COMMISSIONS: $5/MT SELLER SIDE (CLOSED) - $5/MT BUYERS SIDE.
PAYMENT / TRADING TERMS: To Spot with MT 103T/T. Long term contract with SBLC/MT760 or DLC/MT700.
Treat this message only dealers .
I,am Suresh, from India ,
Age 70, Â Experience above 40 years,travelled above 13 countries
International share market,Imports ,Exports Advicer .
As on a29th Sep, 2024
Now ready stock on HIGH SEA SALE DIESEL
IMO: 9437177 EN590 170,000MT En route to port Djeno Congo available for tto or LC only.
IMO: 9623257EN590 165,000MT En route to port of Singapore available for tto or LC only.
Also available fuel, suitable Diesel ,petrol ,air craft at Rotterdam & Houston ,FOB or CIF ,Payment LC, TTO, SBLC
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1.Non-sanctioned Origin
2. Procedure for purchase - can be discussed
3. Payment terms - can be discussed
4. Meet up is possible
5. We can do CFR,CIF or FOB if you have available product tanker.
6. KYC is necessary
7. Price fluctuates based on Platts or time/period of lift
Quantity: 100,000 - 1,000,000 METRIC TON per month. Quality: Complies with European. Standard EN 590. Delivery: CIF ASWP / DIP & PAY. Price CIF : $ 360 Gross / $ 340 Net Per Metric Ton. Price FOB : $ 340 Gross / $ 320 Net Per Metric Ton