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Showing posts from December 12, 2023

EN590 10PPM FUJAIRAH TTT, TTV

 - Product: EN590 10PPM - Origin: non-sanctioned  - Quantity: 40,000 MT - Price: $670 Gross/$660 Net per MT FOB Fujairah (Tank to Tank or Tank to Vessel) - Commission structure: $5.0 closed/$5.0 opened  *FOB Procedure DIP & PAY Fujairah:* 1. Buyer issues ICPO with full banking information along with full KYC, BCL from Top 50 prime bank and TSA or CPA. ATV (authorization to verify the funds addressed to the seller) 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. 3. Seller presents the following documents to the Buyer to conduct Dip Test in Seller’s tank:  A. Unconditional Dip Test Authorization (DTA);  B. TSR; C. Certificate of Origin. 4. Buyer conducts Dip Test in the Seller’s Tank and upon successful Dip Test immediately provides the Seller with Q88 or valid verifiable TSR. 5. Seller signs NCNDA/ IMFPA with intermediaries for non disclosure and payment if commi...