This is an urgent order for immediate purchase transaction,
PRODUCT : Fuel Oil CST 180
Quantity : 40,000 MT
Destination : Port Sudan / Sudan
Delivery : CIF - or FOB Rotterdam accepted.
Payment : LC 100% at sight (confirmed)
Density at (15 oC), kg/m3 ........................ Max. 990 ..... ASTM D97
Kinematic viscosity at 50 oC, mm2/s ....... Max. 180 ..... ASTM D445
Pour Point (upper) (2) oC ......................... Max. 21 ...... ASTM D97
Flash Point, oC PMcc ............................... Min. 62 ....... ASTM D93
Sulphur, % mass ...................................... Max. 3.0 ...... ASTM D4294
Heat of combustion, MJ/kg ....................... Min. 41.9 .... ASTM D240
Sediment, % mass ................................... Max. 0.15 .... ASTM D473
Water, % (V) ............................................. Max. 0.75 .... ASTM D95
Strong Acid Number, mg/KOH/g .............. NIL .............. ASTM D974
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WORKING PROCEDURE :
1). Seller submits offer with draft contract open for amendment,
2). Buyer review/adjust (if needed) and return to the seller,
3). Buyers representatives team travel to meet the seller, inspect the product and confirm accordingly,
4). Seller and buyer sign the final hard copy of contract, register, endorse and legalize the contract with the relevant authorities,
5). Sellers bank issues 2% performance bond to the buyers bank,
6). Buyers bank issues SBLC to the sellers bank,
7). Seller starts loading, upon completion the shipment to be 100% fully loaded and inspected by SGS or equivalent, seller provides the full set of required documents (copies) to the buyer’s bank via his bank, to verify the navigation of the vessel.
8). Buyer’s bank releases the full amount of SBLC to the seller’s bank in exchange of the full set of documents (original) - bank to bank transaction.
IF this clear, send the draft contract for review,
IF YOU CANT MEET OUR PROCEDURE REQUIREMENTS,
DO NOT WASTE YOUR TIME POINTLESSLY,
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