Nigerian Bonny Light Crude Oil #3021
Category: Crude Oil
Product: Nigerian bonny light crude oil
Quality: NNPC EXPORT STANDARD
Origin : Nigerian
Trade term : Physical Ship-to-Ship (STS)
Loading port: Bonny terminal, Bonny Island, Nigeria
Lifting quantity: Up to 2,000,000 Barrel
Place: Lome Waters (STS/TTT)
Price: Gross $ 13 and Net $9 to buyer
Commission: seller $2 / buyer $2
Inspection: SGS/CIQ
Payment: MT103 After Physical Product Confirmation and Prior to Pumping
Delivery: STS, FOB
Price: Pls ask
BUYER-FRIENDLY PROCEDURE
✔️ SPA Executed First
✔️ Loaded Vessel Released for Tracking & Verification
✔️ Buyer Receives Vessel Documents:
• CPA
• Q88
• Receipt of Charter
• Authority to Load
• NOR Format
✔️ Buyer Confirms Vessel Before Proceeding
✔️ Physical Ship-to-Ship (STS) Operation in Lome Waters
✔️ Buyer’s Inspection Team Boards and Verifies Cargo
✔️ POP BEFORE MAJOR PAYMENT
✔️ Only USD 2 Million MT103 After Physical Product Confirmation and Prior to Pumping
✔️ Full Cargo Pumped Into Buyer’s Vessel
✔️ Balance Payment Made Only After:
• Successful Discharge
• Master Receipt
• Discharge Certificate
• Discharge Attestation
• Commercial Invoice
✔️ Warranty of Title Issued in Buyer’s Name
✔️ Commissions Paid as Per SPA
⚡ Key Advantage:
Buyer verifies loaded vessel, confirms cargo, and obtains physical inspection before significant payment exposure.
Vessel Details:
Vessel Name: UGO OCHA
IMO Number: 9172856
Official No: 2321
Flag: NIGERIA
Home port: MAJURO
Vessel Type: FSO OIL TANKER
Detentions: 07/28/14 Rizhao, China
Call sign: UNKNOWN
MMSI: 657269800
Ex. Names: UGO OCHA, FRONT SCILLA
Shipyard: Kawasaki Heavy Industries, Ltd.
Hull No.: 1628
Next drydock: 02/01/24
Registered Owner: INTEWAMACO
Ship Manager: WHITE DOVE SHIPPING
ISM Manager: V. SHIPS
Crew Manager: VSHIPS CYPRUS
Overall Length: 330.0
Breadth: 60.0
Maximum depth: 29.3
Maximum draught: 20.88
Maximum Speed: 16.0 kn
Deadweight: 302,561t
GRT: 159756
NRT: 96441
Liquid: 324904
Engine Maker: Kawasaki Heavy Industries Ltd - Japan
Engine Type: MAN-B&W 7S80MC
Engine Power, kW: 20388 kW
Engine RPM: 79
Propeller: Fixed Pitch 69 rpm(71 rpm)
Auxiliary engines: Design: Yanmar, Engine Builder: Yanmar 3 x 6N21
Number of crew: 19
Nationalities: Filipino, Georgian, Nigerian, Russian, Ukranian
Handling equipment: Pumps: 3x5500 cmph
Inmarsat C Text / Data: 453800636
Inmarsat C Text / Data: 453845887
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#Crude Oil#STS#FOB#Nigerian#Lome Waters