D2 Gas Oil

COMMODITY                : D2. DIESEL [FROM RUSSIA]

MONTHLY SHIPMENT : 100,000MT X 12 MONTH. CONTRACTS ONLY

TOTAL QUANTITY       : 1,200,000 MT IN ONE YEAR. + ROLLS and EXTENSIONS

SPECIFICATION          : AS PER ATTACHED SPEC.

DELIVERY METHOD   : BULK SHIPMENT.

DELIVERY TERMS      : CIF ASWP

LOADING PORT           : RUSSIA.

INSPECTION                : BY SGS

PRICE                           : USD 850MT NET / 860MT GROSS CIF ASWP (SELLER SIDE CLOSED)                                            

PAYMENT TERMS       :   RDLC FROM TOP 50 WORLD PRIME  BANK. 

DELIVERY TIME          : 30 DAYS AFTER ACTIVATION OF PAYMENT INSTRUMENT.

COMMISION                 : SELLER PAYS COMMISSION

Procedure after LOI received.

1. Seller/Assigned Mandate issues FCO.

2. Buyer signs, seal FCO and email to seller directly.

3. Seller issues the Draft Contract open for possible amendment.

4. Buyer will review the contract, sign and then return a copy to seller within 2 working days.

5. Both parties lodge signed contract into their respective banks. [Partial POP will be provided

     After the Contract is signed – Bank to Bank]

6. Buyer’s send Pre-adviced DLC with in 7 days.

7. Seller issues full POP + 2% PB to the buyers bank Via Swift.

8. Seller charter vessels and the charter agreement will include endorsement starting and include Buyer's name with assigned quantities. Seller load the cargo and get ready with all documentation.

9. Deliver within 30 dyas or sooner.

Trung Quach

PH: + 1- 263-862-7839

Cell: +1 206-418-9409

Skype: trung-quach

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