Please provide a quotation to the following requirement from importer -
Product : Diesel EN590
Specifications:
Quantity Required : 100,000 MT or more x 12
We want the terms that contain no upfront. NO TSA and NO TSR will be provided until complete verification of product. Seller Shall provide SGS, Injection Report, TSR and Coordinate and shall allow Physical verification.
ONLY after physical verification of the product, TSA & TSR will be provided.
ONLY Send us your inquiry when you are able to do compliance with the above set terms.
Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm
Specifications :
Standard Vopak To Vopak Secure Procedures
1. Buyer Issues ICPO Addressed To The Seller For Verification And Approval
2. Seller Issues CI, Buyer Signs And Returns CI, Within 24 Hours
3. Seller Issues Authorization To The Buyer For Buyer's Vopak Terminal Manager To Communicate With
seller's Vopak Terminal Manager To Verify The Existence Of The Products. This Is To Allow The Buyer To
Verify Fuel Is Real.
4. After Confirmation From The Buyer's Vopak Terminal Manager:
i. Vopak Terminal Agreement or Vopak Reference Code
ii. Vopak Barcode
5. Buyer Finalizes the Vopak Terminal Protocols.
6. Seller issues Full POP Documents To The Buyer Vopak Terminal Manager And Injection Begins.
7. Upon completing the Injection, Buyer makes full payment via MT103 TT, And The Seller Transfers
Title To Buyer.
8. The Seller Pays Commission To All Intermediaries Until Contract Is Complete Along With All Rolls And
Extensions
Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm
Specifications :
Quantity: Trial Order:50,000MT & 200,000MT Per Month X 12 Months With R & E. Total Quantity 2.4 Million Tons Per Year
The Seller Needs To Provide 3% Performance Bond To Activate The International Letter of Credit (LC)Issued By Vietnam
From The Second Shipment Onwards Only 2% Performance Bond Is Required
This Is The Operating Procedure Of The Vietnamese Buyer Side Requested
If Seller/refinery Accept It, Buyer & Seller Can Move Forward, Seller Provide FCO To Buyer Reference Asap
FOB TANK TO TANK PROCEDURE [NON-NEGOTIABLE]
1. Buyer issues ICPO containing the seller's procedure with Buyer’s CIS including banking
details and scanned copy of buyer's passport copy.
2. Seller issues Commercial invoice (C.I), for buyer’s review to sign and return along with (TSA)
issued by the buyer's tank farm.
3. Seller issues to buyer
a. Company Registration Certificate.
b. Product Quality Passport.
c. Statement of Product Availability.
d. Sanitized SGS Report from loading port.
e. Injection Report for product injection into tank farm.
f. Authorization to Verify the Product in Seller's Tank (ATV).
g. Tank storage Receipt (TSR)
4. TSA Verification; The seller will conduct due diligence on TSA from buyer’s chosen tank farm.
If everything is approved, seller will pay the first lease fee of 2 days to the tank provider. Once
the logistics company confirms receipt, the buyer will also pay his lease fee of 3 days, and
both parties will receive a joint TSR.
5. Seller confirms availability of storage space to issue Unconditional / Conditional DTA — This
depends on the response from the Buyer's Tank Farm, and to release full POP documents as
follow:
a. Certificate of origin
b. Commitment to supply
Quantity Required : 100000 Metric Ton/Metric Tons
Shipping Terms : FOB
Destination Port : Fob Tank To Tank & Tank To Vessel Jurong Port,
Payment Terms : MT103/TT wire transfer for value of the goods
