« Prev Product
1
2
3
Next Product »
You can use the keys "←", "→" on your keyboard to turn pages
Detailed Product Description
I have Bonny Light Crude Oil on FOB for $5 discount
and CIF with $9 to Rotterdam.
product Info:
1) Product: Nigerian Bonny Light Crude Oil of Standard Export Grade
2) Quantity: Two (2) Million Barrels
3) Destination: ASWP Any Safe World Port
4) Inspection: SGS or Saybolt
5) Delivery: CIF& FOB
6) Payment : Documentary Letter of Credit (DLC)
7) Contract Period For FOB: ($5 dicount on top of platt)12 Months with Possible Rolls & Extensions
8) Payment For CIF: ($9 discount on top of platt) Revolving Documentary Letter of Credit (RDLC)
9) Procedures:
A) Seller shall issue Sales & Purchase Agreement with Seller's Full Banking Co-ordinates.
B) Buyer and Seller sign and seal this Contract including banking coordinates and exchange the signed copy by electronic mail. The electronic signed copy by both Parties is considered legally binding and enforceable.
C) Within seven (7) banking days of a above, Buyers Bank shall issue a Revolving Documentary Letter of Credit (RDLC) value for one-month cargo shipment to the Seller that activates the Sellers Performance Bond (PB).
D) Within five (5) banking days of c above, Seller shall provide The Charter Party Agreement (CPA) for the designated vessel marked "Freight Prepaid" to Buyers destination. Failure of Seller to do so shall be a default
E) Within two (2) banking days of d above, the Seller will give the Buyer verifiable Vessel name, call letters, and Captains name of the Vessel that is to load for CIF delivery and Buyer signs a copy of the Charter Party Agreement with the Shipping Agency.
F) After the vessel has discharged its cargo at Buyers destination port and Buyer has received the Post Discharge Q & Q Report from SGS and after all documents are presented by the Seller after the time of cargo delivery as required by the DLC, Buyer shall make payment by Swift Transfer to Sellers Bank Account for oil and by separate DLC to Seller.
G) Payments are made by swift wire transfer directly to the Sellers bank account as stipulated in the SPA contract within three (3) international banking days after product delivery to Buyers nominated port of discharge against presentation of stated shipping documents (non-negotiable copies) at Buyers Bank.
Regards
Contact Fatou at
Tel; UK 0044 7949 365 084
