10M BBLS OF BLCO FULLY LOADED VESSELS ENROUTE CHINA

Product Details

SPECIAL OFFER: ONE TIME CONCESSION - EXPIRES ONCE THE LAST VESSEL REACHES IT'S POD

10M BBLS OF BLCO FULLY LOADED VESSELS ENROUTE CHINA WITH POP @$10/6NET.

WITH ONLY AN RWA FROM BUYER'S BANK TO SELLER’S BANK EITHER VIA BANK EMAIL OR SWIFT, SELLER SHALL RELEASE CARGO PROOF OF PRODUCT (POP) TO BUYER FOR CONFIRMATION AND TO ENABLE HIM TO ISSUE SELLER'S ACCEPTABLE INSTRUMENTS.

LOADED VESSELS ENROUTE CHINA TO TRACK:

1) MT GENE:9254082

2)MT ARAL: 9732541

3) MT BIRDIE:9297319

4) MT SERIFOS: 9410399

5) MT AQUILA: 9521473

*BUYER SHALL GIVE LOI BEFORE CONTRACT IS RELEASED*

TRANSACTION PROCEDURES:

1. Buyer and Seller sign and seal the Sales Purchase Agreement (SPA), CIS (CLIENT INFORMATION SHEET), CERTIFICATE OF REGISTRATION and return. Signed documents are lodged in their banks. The Electronic signed copy of SPA by both parties is considered legally binding and enforceable and must not be changed without the written consent of the parties.

2. Buyer’s bank sends RWA via swift/ email to seller’s bank. Seller Confirms the RWA and sends Buyer FULL Proof of Product of the Loaded Vessel.

3. Buyer’s Top 50 global Bank (Buyer’s bank MUST BE TOP 50) issues Operative, Irrevocable, Divisible,Transferable* *MT760BG-SBLC/MT760 BLOCKED FUNDS/MT103-72SWIFT (STRICTLY ACCORDING TO SELLER’S VERBIAGE)* covering total cargo valid for 366 days to Seller’s Bank.

4. Seller's Bank confirms Buyer’s instrument then issues 2%PB via MT760 swift for Total Cargo.

5. Seller authorizes Vessel Captain to send MNOR/ETA to Buyer’s Habour Master confirmable by Buyer’s shipping agency and moves cargo to Buyer’s POD in China for CIQ.

6. Vessel announce arrival at Buyer’s destination POD and boards Buyer’s inspectors and Supercargo for Q&Q/CIQ at agreed Location inside Buyer’s Port.

7. After Confirmation of the QNQ, Seller provides invoice on QQ Report conducted at discharge and issues the complete shipping documents to the Buyer’s Bank in the Buyer’s name in exchange for payment to enable the Buyer process the cash payment for the cargo after discharge in the Buyer’s farm tank.

8. Upon Complete Discharge of Cargo, Buyer's bank within 48hrs, pays via wire transfer for the entire cargo to Seller's authorized beneficiary nominated bank accounts & commission agents as stipulated in this contract, which is based on the total out turned barrels presented in the last Q&Q Inspection in buyer’s discharge port.