Skip to main content

Posts

Showing posts from August 28, 2023

FOB DIP & PAY FUJAIRAH. 63.000 MT EN 590 10ppm.

 FOB DIP & PAY FUJAIRAH.   Available Quantity: 63.000 MT  EN 590 10ppm. Price: $680 Gross/$670 Net per MT FOB Fujairah (tank to Vessel). Procedure: 1. Buyer issues ICPO with full banking information along with KYC. 2- Seller issues Invoice (CI) for the available quantity in the Seller’s Storage Tank to the Buyer. Buyer signs and returns the CI to the Seller. *Buyer issues MT199 to Sellers account. * 3. Seller presents the following documents to the Buyer to conduct Dip Test in Seller’s tank: A. Tank Storage receipt (TSR); B. Unconditional DTA. 4. Buyer conducts Dip Test in the Seller’s Tank and upon successful Dip Test immediately provides the Seller with *Q88*.  5. Seller signs NCNDA/ IMFPA with intermediaries for non disclosure and payment if commissions to be paid out immediately upon receipt of payment from the buyer. 6. Buyer issues 100% MT103/TT Wire Transfer payment to the Seller. 7. *Seller* signs Tank To vessel Injection Agreement (TTVIA) to commence ...