December 20th, 2012

12/20/2012

PRICE: $117/115
4MM BBL LIFTABLE

CONTRACT PROCEDURES

1.       The Buyer sends ICPO.

2.       Then Seller gives FCO with full seller company information. The Buyer signs, seals and sends back the FCO to the     Seller within max 72 hours.

3.       The Seller issues 12-36 months Contract and Commercial Invoice (CI) for the first lift to the Buyer.

4.       The Buyer returns signed and stamped Contract and CI to the Seller, and buyer’s bank swift RWA for total amount of the USD 460,000,000 to the seller’s bank.

5.       The Seller issues Dip Test Authorization (DTA), SGS Report & Tank Storage Receipts.

6.       Buyer performs Dip Test on quantity & quality and upon successful, will make payment via MT103/23.

7.       Transfer of Title and Shipment commences within 48 hours.

8.       Buyer shall open RDLC for the remaining of the 36 months.

9.       Seller will send the full set of the POP for the contract.

imoh jones tim link

12/23/2012 07:32:11 pm

Sir,
Do you have a Supplier or can you deal?
My client has an urgent need as per below,
Product MAZUT M100-75
Quantity 50,000 MT
Contract period SPOT WITH OPEN EXTENSION
Specifications sulfur < 0.5%
Origin Russian
Target Price USD $420 gross; $410 net
Destination Port Tianjin, CHINA
Payment Term DLC + TT
Inspection SGS, CIQ or similar by Seller.
Packing Required Bulk
Loading Inspection By SGS or CIQ at the loading port and all Cost at the port of loading for the
account of the Seller.
Discharge All cost at the port of discharge for the account of the Buyer.
Special Conditions This I.C.P.O. is subject to final approval and agreement by the seller. The
subsequent Contract of Sale including any amendments or variations thereof, all of which has to be produced in writing and signed by both parties (Seller/Buyer) hereto.

PROCEDURES
. Buyer issues ICPO
2. Seller issues FCO
3. Buyer signs FCO with acceptance letter of seller's procedure.
4. Seller issues draft contract open for amendments
5. Buyer signs and seals draft contract and return to seller on pdf format
6. Buyer's Bank request by Swift/Fax confirmation of Full POP Documents from seller's bank.
7. Seller's Bank responds to the Buyer's Bank by Swift/Fax confirmation that, they are in Possession of Full POP Documents and also that the Full POP Documents has been lodged with the bank, Including the Tank Receipt, Dip Test authorization/SGS that is available in the bank, and all this POP Documents will be released to Buyer's Bank on first request.
8. Buyer lodges RDLC into Seller Bank after receiving all the POP documents.
9. Seller pays 2% performance bond.
10. Delivery commences as scheduled - seller loads vessel and produces shipping documents for Buyer's bank
CONTACT ME AT: giwmenltd@gmail.com

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December 20th, 2012

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