BONNY LIGHT CRUDE OIL --BLCO By NIMAKI IMPORT,EXPORT AGENCIES, Kenya
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BONNY LIGHT CRUDE OIL --BLCO

BONNY LIGHT CRUDE OIL --BLCO

( Negotiable )

|

Minimum Order

Localité:

-

Prix de commande minimale:

-

Commande minimale:

2000000 Barrel

Packaging Detail:

CARGO

Delivery Time:

30 DAYS

Supplying Ability:

100000000 Barrel per Month

Payment Type:

T/T, L/C, D/P, Other

Contacter maintenant
Membre gratuit

Personne à contacter Mr. Patrick kimani

HARAMBEE, NAIROBI, Other

Contacter maintenant

Description


 we are direct to the seller and we have officials in china to work with our customers and to translate please feel free to ask any questions , these are our procedures

patrick
skype:nimaki3

(OD)Procedures
:

1. Buyer sends Official Letter of Intent (LOI) on Letterhead of Company

2. SELLER ISSUES FCO+DRAFT CONTRACT


a. Buyer and Seller sign and seal this Contract including banking coordinates and exchange the signed and sealed copy by electronic mail. The electronic signed and sealed copy by all Parties is considered legally binding and enforceable and must not be changed.

 

The executed SPA is lodged in their respective banks. In the meantime. Buyer provides also their receiving facility details (POD) to enable seller`s loaded captain to establish communication. Seller appoints a Fiduciary Agent (FA) for receipt of payments

 

b. Buyer and Seller lodge the signed and seal contracts into their respective banks.

 

c. ThereafterBuyers Bank sends MT**9 to Sellers bank, advising their readiness and willingness to issue MT**0 for the transaction and requesting for Sellers Banks confirmation of their readiness to give 2% Performance Bond on behalf of Seller upon issuance of the MT**0 in the accepted verbiage; along with confirmable documents authenticating Sellers product allocation from NNPC.

 

d.      Upon receipt of positive response from Sellers banker, Buyers Bank thereafter issues a non- active SBLC/MT**0 Financial Instrument in favour of Seller for the entire value of the Product for the shipment. Seller activates the SBLC/MT**0 with a 2% PB.

 

e.      Within a maximum of ****2 hours of activating the MT**0, Seller provides all required documents of Loaded Vessel (complete Cargo Documents) in Buyers name, to be verified by Buyer including Authorization to Sell (ATS) and Vessel Sends Marine NOR/ ETA to Buyers POD for Master Confirmation which together shall constitute Proof of Product (POP) offered for sale to Buyer.
f.      At the port of discharge, Inspectors are invited to come on Board via ATB issued by Vessel Captain, CIQ is conducted and after successful CIQ inspection, final discharge of product is allowed into Buyers storage tanks.

 g.     Upon successful conclusion of the above, Seller transfers all original shipping/cargo documents to the Buyer and hand-over same to the Buyers Bank for Negotiation of the Instrument.

1)  1 original & 3 copies of Commercial Invoice

2)          Full set of 3 original and non-negotiable copies of Bill of Lading.

3)          1 original and 3 copies of certificate of quantity. (at discharge port)

4)  1 original and 3 copies of certificate of quality. (at discharge port)

5)  1 original and 3 copies of certificate of origin.

6)  1 original and 3 copies of masters receipt of samples.

7)1 original and 3 copies for masters receipt of each one copy-document

8)  1 original ullage report issued at loading terminal.

.9)  1 original and 3 copies of customs clearance certificate.

*0)       1 Original and 3 copies of cleanliness report at loading port.
*1)    1 Certificate of Ownership.

*2)    Copy of Charter Party Agreement (CPA)

 *3)    1 Original and Copies of Warranty of Title

h.      Final Payments are now released by MT**3/TT (SWIFT Transfer) into nominated bank accounts of the Seller and Agents against title transfer


j.     Buyer takes over the cargo of Two (2) million barrels (+/- 5%) with the ownership and warranty of title as the consignee by full set of the original shipping documents.

 

k.     Seller shall procure for the cargo, a policy with a first class marine insurance company, to cover **0% value of the cargo. The insurance policy must cover all risk of loss and damages to the cargo, including war, hijacking, explosion etc, until the cargo has been taken over by the buyer as per this contract.

 

 

Send a direct inquiry to this supplier

To:

Mr. Patrick kimani < NIMAKI IMPORT,EXPORT AGENCIES >

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