Crude oil floating shipment

Singapore

Price - 🔟 print

Dip and pay procedure

1-Buyer issue ICPO with copy of passport and registration.

2-Seller issue PI to buyer, buyer will sign and stamp and return to seller.

3- Seller will issue the SPA sign by both buyer and seller.

4-Seller will issue dip test authorization, after successful dip test buyer will issue MT103 to seller

5- Buyer activate the Q88 to start

injection

specifications

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Comments

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TTV (FOB) Fujairah *Important – A letter of acceptance must be issued along with the ICPO to confirm the buyer accepts and is happy with the procedure as below* Valid from 20/08/2023 Price: $695/$675 - $10/$10 commissions Current Quantities: Fujairah – 300,000mt 1. Buyer issues ICPO Addressed to the End Seller (xxxxxx) Via: (Dale Russell) a) Copy of Buyer Company Profile b) Copy of the Passport for the CEO of the company c) Copy of the VALID CPA 2. Seller issues Commercial Invoice (CI), buyer signs and returns back to seller. 3. Buyer provides to Seller CPA (VESSEL) for seller verification and acceptance. 4. Seller issues to buyer the next documents: a) ATSC b) DTA c) PRODUCT PASSPORT d) AVAILABILITY OF PRODUCT e) EXISTING SGS and/or INJECTION REPORT 5. Buyer extends seller tanks for two days and dip test is conducted immediately on sellers account. 6. Seller injects into buyer’s vessel and buyer conducts its own DIP TEST Inspection for Q&Q of the Petroleum...

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