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Hitesh Thacker

(1.0)
Supplier From India
May-26-23
Supplier : Petroleum Products Jet Fuels, Solvents, Bitumen, Petroleum Jelly Etc.

Established: 2021

Verification Status

Contact Details:
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Mumbai
Maharashtra India
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Supplier Of Bitumen, Asphalt   |   Petroleum By Products   |   Diesel   |   Petroleum Jelly

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TRANSACTION PROCEDURES FOR FOB â??TTTâ??
(TANK-TO-TANK)
1. Buyer issues ICPO together with tank storage agreement (TSA) for
seller approval.

2. Seller issues Commercial Invoice (CI), ICC WARNING LETTER for the
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3. Buyer signs and then returns the commercial invoice with NCNDA/IMFPA
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with commission structures.

4. Seller Issue (3 DAY unconditional Dip Test Authorization (DTA) to be
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Buyerâ??s Company and Buyerâ??s chosen Logistic Company. Upon confirmation
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Dip Test Authorization (DTA) by both parties, Seller programs the
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following documents.
A.FRESH SGS REPORT INSPECTED IN LOADING TERMINAL PORT.
B.TANK STORAGE RECEIPT (TSR) WITH GPS COORDINATES).
C.AUTHORIZATION TO VERIFY (ATV).
D.INJECTION REPORT SHORE TANK.
E.CERTIFICATE OF ORIGIN.
F.AUTHORIZATION TO SELL & COLLECT (ATSC).

5. Buyer upon physical verification of the product and PPOP
confirmation, contracts SGS to conduct the
Dip test in Seller Storage Tank on Buyerâ??s expense.

6. Upon successful Dip Test, Buyer presents the tank storage receipt
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7. Seller commences injection immediately into buyer tank and â??issues
buyer Title of Ownership
Certificate to be followed by all export Documentation.

8. Buyer makes payment by MT103 or TT wire transfer for the total
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CI DIP AND PAY FOB PROCEDURE

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(1) FREE ON-BOARD TRANSACTION PROCEDURE - (TANK TO TANK). Rotterdam, Houston, Fujairah, Jurong, Ningbo-Zhoushan

1. Buyer issues an official ICPO with the seller's procedure, passport copy, banking details along
with their Tank Storage Agreement "TSA".
2. Seller issues their Commercial Invoice "CI" to the buyer, Buyer signs and returns the commercial
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3. Seller verifies the buyer's storage facility and their Tank Storage Agreement (TSA) with the port
authority. (NB: Seller will issue a Tank-to-Tank Injection Agreement (TTIA) to be signed by all
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4. Seller issues all POP documents below to the buyer upon a successful verification and approval
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a. Injection Report.
b. Product Passport.
c. 24 Hours SGS Report.
d. Product Certificate of Origin.
e. Tank Storage Receipt (TSR).
f. Authorization to sell and collect.
g. Unconditional Dip-Test Authorization.
h. Product Title Holder Transfer Agreement.
i. NCNDA/IMFPA.
5. If required buyer may inspect by SGS (Dip Test In Tanks) at buyer's expense.
6. Upon successful verification of POP or Dip Test in the seller's tank, buyer provides Tank Storage
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buyer storage facility and then injects the product into buyer's tanks.
7. Buyer makes the payment for the product via MT103, seller transfers the Title Holder &
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8. After successful Trial Lift (First Lift), Seller issues SPA/Contract for 12 months with R&E to
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9. Seller pays commissions to all intermediaries involved, for the initial lift and all subsequent lifts
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Supplier From Boston, MA, United States

Supplier: Bonny light crude oil (blco), yemen light crude oil, jet fuel, diesel d2, d6, mazut, base oil, gasoline, cocoa bean and powder, petroleum products, coal, diesel, bitumen, petcoke, aluminum, hms, charcoal, wheat, sugar, milk, soybean, corn, beef, chicken, flour, meal, rye, frozen vegetable, okra, french fries, etc.
Services: Procurement, exporter

Supplier Of Cocoa Powder   |   Bitumen, Asphalt   |   Rye   |   Fresh Beef   |   Fresh Lady Finger   |   IQF or Frozen Vegetables   |   Aluminium Scrap   |   Coal   |   Fresh Chicken   |   Sugar   |   Milk & Milk Products   |   Crude Oil   |   Flour   |   Charcoal   |   Soybean   |   Coke   |   Frozen Beef   |   Metal Scraps   |   Petroleum By Products   |   Snacks   |   Diesel

Service Provider Of Manufacturer & Exporter   |   Heavy Melting Scrap (HMS)   |   Frozen Chicken   |   Warehousing   |   Wheat   |   Cocoa Beans

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