CIF EN 590 10ppm Procedures

CIF TRANSACTING PROCEDURE

1. Buyer issues CP, ICPO inserting seller’s terms and procedures.

2. Seller issues draft contract/SPA which is open for amendments.

3. Buyer returns the signed draft contract with NCNDA/IMFPA and a letter of guarantee to perform.

4. Seller submits the signed SPA for registration and legalization with the appropriate authorities.

5. Seller sends the below listed partial pop documents to buyer via mail.

A. statement of availability of product

B. commitment to supply the product

C. certificate of origin

D. Product Passport

6. Buyer within 7 banking days issues DLC swift MT700 or SBLC swift MT760 according to Seller's

fiduciary bank verbiage to seller nominated fiduciary offshore bank account for first month

shipment, and whereby buyer fail to issue payment instrument within 7 banking days, buyer will

make cash deposit of $300, 000 by TT wire transfer for allocation and security guarantee to enable

seller charter vessel and commence shipment, and this payment shall be deducted from the total

cost of product after inspection at discharge port.

7. Seller bank issues the full set of proof of product (pop) and shipping document with 2%pb

(performance bond) to buyer’s bank. QQ Certificate & Product passport docs, all will be issued on

time.

8. Shipment commences immediately as scheduled in the contract.

9. Buyer pays for the total product value via TT/MT103 to the seller's bank after

successful SGS/CIQ inspection at discharge port and tittle of product ownership transferred to

buyer.

10. Seller pays all intermediaries involved in transaction as per signed NCNDA/IMFPA within 72

hours.

Comments

EN590 10PPM TTT Rotterdam

DATE : VALENCIA,7Th /JUNE /2023 SELLER REF : VALIDITY : TO : ATT : VIA : SOFT CORPORATE OFFER I, Aitor Antolin Basurto Aldaz, as Deputy Concealer from T. Urban Consulting, undersigned are Ready, Willing and Able, for support all required on this SCO: ALLOCATION PRODUCT: DIESEL EN590 10PPM ORIGIN: TERRITORY OF THE KAYRGYZ REPUBLIC FROM KAZAKHSTAN QUANTITY MINIMUM 100.000 METRIC TON PRICE CONTRACT: TRIAL + AGREEMENT 12 MONTHS FOR MONTHLY 100K MT DELIVERY: FOB ROTTERDAM PORT INSPECTION: SGS OR SIMILAR PAYMENT: TRIAL + YEARLY CONTRACT: FINANCIAL INSTRUMENT EN590 purchase Procedure FOB (TANK TO TANK) ROTTERDAM PORT, TRIAL + Yearly agreement of monthly 100.000MT : 1. Buyer review SCO sign & stamp. 2. Seller sends Seller´s bank details. 3. Buyer issue ICPO within sends BCL Bank to Bank. 4. Seller issues commercial invoice, Buyer signs and returns back commercial invoice. 5. Seller provides buyers with the below listed PPOP.  ATSC- AUTHORITY ...

EN590 10PPM TTT Fujairah

Number of Shipments: SPOT 100,000 MT Shipment Total Quantity: 1,200,000 (One million and two hundred thousand) MT The above-mentioned total quantity will be spot-deal in 1 (One) shipment of approximately 100,000 MT (±5%) with R&E of 100,000 MT (±5%) for 11 months. Contract period: Spot with R&E 1 (one) Year Terms of delivery (Dispatch Terms): FOB Fujairah, UAE, Tank to Tank or Tank to Vessel – Dip and Pay Gross Price: 630.00 (Six hundred thirty) US Dollars/ Metric Ton 8Total Gross Price: Total for one spot, 63,000,000.00 (Sixty three million USD). Payment Terms: On successful DIP and Pay MT 103/ T.T. Contract: One (1) month Inspection: SGS or any internationally/ nationally recognized first-class independent surveyor/ Inspector company shall be appointed at the loading port, to assess the quality and quantity of the cargo according to the provisions herein stated. The buyer bears the cost of the inspection. Buyer Sign/Seal Fuel EN-590 ULSD -10PPM Payment: The Buyer shall ...

EN590 10PPM fob Fujairah

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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