Offer EN590 FOB Jurong
Category: Petroleum
Product: Ultra Low Sulphur Diesel EN590 (10PPM/50PPM)
Origin : Georgian
Intercoms : FOB, TTT, TTO, TTV
Minimum Quantity: 50,000 Metric Tons per month
Maximum Quantity: 500,000 Metric Tons per month
Price on FOB: $410.00 USD GROSS / $400.00 USDNET
Loading port: Singapore Juring port
Payment terms: SWIFT/T/T WIRE transfer & MT103
Inspection: SGS
Commission: Buyer side $5 open and Seller Side $5
Delivery: FOB, TTO, TTV
Price: Pls ask
FOB PROCEDURE FOR AVAILABLE EN590 SINGAPORE JURING PORT.
1 The Buyer Issue ICPO with his International Passport Copy (Data Page) along with his storage agreement (TSA) to the Seller for verification.
2. The Seller Issues the following:
a) Commercial Invoice (CI)
b) Certificate of Origin
c) Analysis Report (SGS Report)
d) ICC letter of warning directly from ICC to be filled and endorsed by the Buyer.
3. Buyer signs and returns the CI and ICC letter back to seller.
4. The Seller program & injection with buyer tank farm, and issue ATI, Notice of Readiness (NOR) and DTA to buyer and buyer tank farm for endorsement.
5. Buyer endorses DTA, ATI with their Logistics Company and return it back to seller along with their storage receipt (TSR), immediately seller begin injection of product into buyer tank, accordance to the numbers of days required by injection programming.
6) Upon completion of infusion, buyer conduct fresh analysis report on product in their tank upon successful inspection, buyer makes payment of the product via MT 103 and
Seller transfer Title.
7) Seller pays for commission in accordance to the endorsed NCNDA/IMPFA to all intermediaries involved in the transaction & buyer lift first shipment Order
Tank to vessel for available EN590 singapore Jurong port:
1, Buyer sends ICPO (passport copy, company certificate) on receipt of Sellers full corporate offer.
2. seller issues commercial invoice & letter of intention to purchase for Available quantity in the storage tank to buyer, buyer signs and return to Seller together letter of intention to purchase.
3. After receipt of the signed commercial invoice & letter from buyer, seller Issues the following to buyer:
A. Export license
B. Certificate of origin
C. Certificaie of analysis (SGS report)
D. Statement of availability of product
4. buyer obtains tank terminal entry permit and confirmation of affidavit Certificate from seller in order to gain access to tank terminal for Inspection of product & to conduct dip-test.
5. after buyer obtains the affidavit certificate, seller issues the documents listed below before buyer proceeds with dip test and immediately injects the product into a rented storage or vessel:
A. Fresh SGS report in buyers name
B. Tank storage receipt (TSR)
C. Injection report
D. Authorization to sell and collect (ATSC)
E. Unconditional dip-test authorization letter (UDTA)
6. upon successful dip test and confirmation of the product in tanks, buyer make payment for the total cost of product via mt103 and seller transfer title ownership to buyer and buyer lift product into vessel or completely take over seller tanks for further product storage.
7. Buyer reverts back to seller with ncnda/imfpa signed by all groups with Commissionstructures so all parties can receive their commissions Immediately.
8, seller issues final agreement to buyer company to review contract on R/E Monthly deliveries.
9. Buyer review and approves contract.
10. buyer pays after successful dip test by MT103 wire transfer on each Monthly
#Petroleum#FOB#TTO#TTV#Georgian#