Supplier From
Poing,
Bavaria,
Germany
Supplier From
Poing,
Bavaria,
Germany
Product Origin: Kazakstan, European Union- Denmark Origin, Norway, Netherlands And Sweden Origin.
Loading-port: Rotterdam
INSPECTION: SGS or similar any university accepted Q & Q inspection company
FUEL: DIESEL EN590 100,000 MT - 480$ MT price
QTY: MIN 100,000 MT / MAX 500,000 MT
METHOD OF PAYMENT: MT103, TT WIRE, SBLC, DLC upon product arrival
DELIVERY: CIF & FOB ANY SAFE WORLD PORT
PERFORMANCE BOND: NEGOTIABLE
FOB: PROCEDURE TTM (TTT/TTV) - NON-NEGOTIABLE
1. The buyer provides an ICPO along with their Company Registration Certificate or any valid ID and the TSA or CPA for verification and registration by the seller.
2. The seller issues a draft Commercial Invoice (CI), which the buyer signs and returns. Following this, the seller will issue an appointment letter for the TTM,
to be signed by both the buyer and their logistics company, confirming their readiness to facilitate the TTM at the buyerâ??s logistics terminal.
3. Upon confirmation of the TTM by the buyerâ??s logistics company, the meeting takes place at the scheduled time and date, with the agenda including:
a. Verification of identification proofs for all attendees.
b. Buyer presenting Proof of Funds (POF).
c. Seller presenting hard copies of POP and SGS documents for review, no later than 48 hours before inspection.
d. Seller inspecting the buyer's designated tank/vessel to ensure readiness for seamless injection operations.
4. After the successful meeting and initial inspection, the buyer may conduct a dip test in the sellerâ??s tank at the buyerâ??s expense.
5. The buyer completes the payment for the confirmed products as outlined in the CI.
6. The seller proceeds to inject the product into the buyer's tank and transfers ownership of the product as instructed by the buyer. The buyer then lifts the product.
7. The seller disburses payments to all intermediaries involved in the transaction.
Monthly contract shipments continue as per the terms and conditions of the sales and purchase agreement between the buyer and the seller.