MAZUT 100 GOST-10585 75 RUSSIAN ORIGIN
Minimum Quantity- 50,000Mt - 100,000Mt - Per Month
Price: Gross $ 200 - $ 190 Net / CIF Price: $ 240- $ 230 Gross Net
Quality: SGS or similar inspection
Commissions: $ 5 Buy side (open) side Seller $ 5 (closed)
Payment Term: MT103
Loading Port- Vladivostok / Novorossiysk
Guidelines to note when preparing documents ICPO / LOI
1. Freshly dated (not older Than7 working days)
2. The Letterhead is genuine, check for any signs of cut and paste or scan and edit. In the Letterhead we
need complete company name, address, phone number, fax number and email address
3. The information must be detailed and we need a specification's
4. The ICPO / LOI must be addressed to the above name Khamzat-OYL
5. Bankers must be the same as the information as stated in the letter to the company ordering and
Head, if different, then it must be Accompanied by a letter of the owners of the bank account attached
to the authorization of the purchase ICPO Stating Their
6. The documents must be signed and sealed
NOTE: CI, DIP & PAY FOR FIRST LIFT PROCEDURE ARE ALL FIRST AND MOST BE FOB RUSSIA LIFT
LIFT PORT AFTER SUCCESSFUL, WE ACCEPT ONLY ON CONTRACT Bases CIF.
CI, DIP & PAY PROCEDURE
1. Buyer issues "ICPO" to Seller, along with CEO Corporate Profile and Scan Copy of Passport. 2. Buyer issue TSA (Tank Storage Agreement) to show tank is secured for injection product. Buyer Seller Verifies tank readiness 3. Seller Full Co -Operate Offer (FCO) with commercial invoice to Buyer, Buyer Signs and returns to seller for final endorsement. Endorsed by parties involved and NCNDA is signed. 4. Buyer provides seller TSA (Tank Storage Agreement) after approval of Tank Farm by seller, Buyer provide TSR (Tank Receipt) and AIT (Authorization to Inspect Storage Tank) in PORT and vessel information with port clearance and documents. 5. provide Buyer seller injection report after confirmation from Terminal Operator seller Buyer's Storage Tanks Injects into lift-able quantity 6 . Seller issues Full POP (E-Mail Sent by secure) including Dta- Dip Test Authorization, Indigenous Analysis Report of the product. 7. Buyer Seller to Buyer vessel Tanks transfers from lift-able at PORT quantity, Buyer conduct Dip Test on loaded quantity and SGS. 8. Upon confirmation of ACT payable by Name Buyers of TRANSFER in Seller, Seller issues to the Buyer, Title of Ownership Certificate to be followed by all export documentation. 9. Buyer Seller Buyer pays via SWIFT MT103 AFTER for Lift- POP quantity able Receives documents from Seller (Sent by Courier). 10. Repeats transaction (clause 6. - 7. above) per the schedule in the Sales and Purchase lift agreement (Contract) signed Endorsed by t he Buyer and Seller. CONTRACT FOR CIF Procedures 1. Sales Purchase Agreement Seller and Buyer Sign the (SPA) and deposit in Their Respective banks as hard copies. 2. Buyer shows ready, willing and able to purchase product via Proof of Funds (POF). The format for the POF is available on request; mode of transmission will be by swift MT-799 or MT-760. 3. Seller, upon receipt of POF from Buyer's bank, Nominates and loads vessel with product in the name of the buyer and Transmits the shipping documents to the buyer. 4. Buyer upon receipt and confirmation of POF, within three (3) banking days, issues Confirmable, Irrevocable, Transferable Standby Letter of Credit (SBLC) via MT103 Message Field in Favour of Seller and validity to cover 25 - 45 banking days (Depending on Buyers discharge port). The LC must come from a top US / European Bank. (LC format is available on request). 5. Within ten (10) banking days of III above, Seller furnishes CPA & Q88 and the following documents to Buyer and / or Buyer's bank: 1. Clean - on - board ocean Bills of Lading 2. Certificate of quantity (SGS or equivalent) 3. Certificate of Analysis (optional) 4. Certificate of Origin 5. Certificate of Quantities 6 . Seller's commercial invoice 7. Ullage vessel report {optional} 8. Receipt of samples (optional) 9. Cargo Manifest 6. After the vessel has its Discharged at Buyer's designated port cargo outlined above and Buyer has received the Discharge Report as shall be confirmed by the captain of the vessel, including all relevant documents presented by the Seller after the time of cargo delivery as required by the LC, Buyer must make payment by TT Wire Transfer to Seller's Bank Account payable at its counter for this transaction and to Beneficiaries named for fees in Master Fee Protection Agreement in the SPA. 7. Payments are made to the Seller's bank accounts Byn Swift Wire Transfer Directly and commission agents as Stipulated in the Mfpa in this SPA within three (3) international banking days after product delivery and discharge at Buyer's Nominated port of discharge against presentation of shipping documents stated (non-negotiable copies) at Buyer's bank.
Useful Information for Buyer
The seller / Title Holder multiple Buyers can take as allocation remains very large, until sold out, If we can get your documents (ICPO, CP, BCL and NCNDA / Imfpa) in the Mandate will today Expedite the Due Diligence on your application as there is a dedicated team within 24hours DD doing. That means you can have your CI within 2 days Depending on the Time zone if your DD is positive. The seller then starts Popping the fuel. Once you have done the CI then you get a partial POP , after you have signed the hard copy contract. Buyer Side commission Share formula for Mfpa.
If term are acceptable, kindly issue your LOI / ICPO