La description
CRUDE OIL (API
*0.4)
Vessel Take Over Transaction Procedure for CRUDE OIL: 1. Buyer
issues Irrevocable Corporate Purchase Order (ICPO) for the first
spot shipment and monthly quantity, along with buyers company
registration, signatorys passport copy, corporate profile, POF, and
CIS. 2. Seller issues Sales and Purchase Agreement (SPA) for first
spot plus monthly quantity. Buyer reviews, amends (if necessary),
signs and returns the (Draft Contract) SPA in WORD format to
Seller. Then Seller counter signstheSPA, andtheSPAisloggedwith
relevant banks. 3. Buyer send his representative to the loading
port to verify product and attend loading
4. With the presence of Buyers Representative, Seller will issue
the SGS report and provide Buyers Representative with the SGS
report for the product in the sellers tank, and the Commercial
Invoice for the first shipment. 5. Within 3 Banking Days, Buyers
pays *0% of the first shipments Value to the Seller via MT**3 to
the Sellers Bank account. 6. Seller starts loading the vessel, then
Seller provides Buyer with the following POP documents: a) Vessels
IMO. b) Certificate of origin. c) Vessel Q*8. d) Copy of Bill of
Loading with the Buyers name as a Consignee. e) UDTA with vessels
coordinates. f) Authority to Board (ATB). g) (UATV) Unconditional
Authority to verify all documents. h) Vessels Captain contact
details (Name, Telephone, Email address). 6. Within 2 working days
of receiving the above documents, Buyers will contact the vessels
Captain and Shipping Company to verify all documents, then send the
Inspector out to the vessel at Khor Al Zubair to execute CIQ, SGS
or equivalent inspection to ascertain quality and quantity.
7.Within 2 Banking days of issuing the inspection report, Buyer
makes payment with the remaining *0% of the shipment value via
MT**3/wire transfer for liftable quantity to Sellers designated
Account. Then Seller endorses the BL to Buyer and Buyer takes over
the vessel in KhorAl Zubair. 8.Within 5 Banking days of executing
the first spot shipment, in accordance of the Sellers acceptable
verbiage, Buyers Bank issues an Irrevocable, Transferable, and
Confirmed SBLC with ONE shipments value as payment guarantee, with
full bank responsibility via swift MT**0to the sellers bank, and
provides Seller with swift copy. 9.Second and succeeding shipments
continue through repeating the same above steps for each shipment
as per the signed contract
| Pays: |
UAE |
| N ° de modèle: |
-
|
| Prix FOB: |
(Negotiable)
Obtenir le dernier prix
|
| Localité: |
IRAQ |
| Prix de commande minimale: |
- |
| Commande minimale: |
1000000 Barrel |
| Packaging Detail: |
As per requirements |
| Heure de livraison: |
- |
| Capacité de Fournir: |
4000000 Barrel per Month |
| Payment Type: |
T/T, L/C |
| Groupe de produits : |
- |
![ULTRA LOW SULPHUR DIESEL [ULSD] EN590 10PPM](https://imgusr.tradekey.com/p-13734015-20240220033648/ultra-low-sulphur-diesel-ulsd-en590-10ppm.png "ULTRA LOW SULPHUR DIESEL [ULSD] EN590 10PPM")
![ULTRA LOW SULPHUR DIESEL [ULSD] EN590 10PPM](https://imgusr.tradekey.com/p-B13734015-20240220033648/ultra-low-sulphur-diesel-ulsd-en590-10ppm.png "ULTRA LOW SULPHUR DIESEL [ULSD] EN590 10PPM")
