Automotive Diesel 50ppm/Diesel Fuel EN590 10ppm (Non-Russia)

Product Details

Product: Automotive Diesel 50ppm/Diesel Fuel EN590 (10 ppm)

Price:580$ NET (ASWP)

Can do CIF, FOB or SPOT DEAL ( ANY SAFE WORLD PORT)

1. Seller issues official soft corporate offer with terms, procedure, price and specification Buyer. Buyer issue ICPO with their full banking details. Seller issues full corporate offer. Buyer sign and return full corporate offer with company letter of acceptance.

2. Seller issues SPA. Buyer review, sign and return the contract to Seller in word format within 3 bank working days. Seller sends to buyer final SPA in PDF format with seller acceptable sblc mt760 verbiage. Buyer confirms final SPA with letter of acceptance to within 48hrs to the seller company approved sblc mt760 verbiage, “both parties present in the final SPA the passports of the signatories of each company.

3. Upon receiving of the acceptance letter from the Buyer company, Seller proceed with issuance of the partial proof of product and send the scan copy of the certified and registered partial proof of product documents via secured e-mail to buyer to include the following; (a) Product passport analysis report (b) Product certificate of origin (c) Commitment to supply (d) Company registration certificate & documents (e) Statement of product availability (f) Commercial invoice (g) Product Storage receipt

4. Buyer’s bank in accordance with seller’s verbiage shall issue sblc mt760 verbiage within Five (5) working days for first shipment’s value to seller’s nominated financial bank to enable seller proceed with the arrangements for the chartered freight with world renowned shipping company for the transportation of the product to buyer designated discharge port, proceeding with the port clearance, inspection and loading of product, all internal routines operations finalization. Failure by buyer to issue sblc mt760 verbiage within Five (5) working days, as an alternative provision buyer makes 5% financial guarantee deposit for the first shipment value of the product via MT103 according to the official invoice from seller as financial guarantee deposit which will be deductible from the final payment of the product.

5. The product final SGS inspection will be conducted at the loading port before product will be loaded into vessel. Seller invites buyer for visitation to witness the final inspection, loading of product at the port and top table meeting for negotiation of future transaction (Optional to Buyer)

6. Seller issue to Buyer 2% Performance Bond, shipping documents and full POP documents to include (a) Bill of lading (b) Vessel tanker q88 (c) Fresh SGS Q&Q inspection report (d) Sealed Charter party agreement (e) Ownership certificate (f) Title transfer affidavit (g) Product allocation certificate (h) Ullage report (i) Cargo manifest notice of readiness (j) Authority to Sell (ATS) (k) Loading injection report. Buyer bank confirms receipt of documents by swift. If Seller fails to supply the cargo of the product to the Buyer this 2% Performance Bond will be paid to the Buyer.

7. Shipment of product commences as schedule. Seller’s ship agent at loading port communicates/email with Buyer’s Cargo Agent and Shipping agent at Discharge Port indicating ETA and cargo confirmed sold to Buyer the Seller shall contact the shipping agent and cargo agent provided by the Buyer. Vessel establishes NOR and ETA to the Buyer’s port via the POD Authorities, details nominated by the Buyer, and sails to discharge port where Q&Q analysis will be conducted by Buyer’s nominated inspection company.

8. Upon Vessel’s arrival and finalization of Q&Q analysis at destination port, Buyer release payment via swift fund transfer (RMB) within 5 to 7 banking days to Seller for total shipment value in favor of seller after discharge of product at destination port and receipt of the entire relevant shipping for immediate negotiation and credited at Buyer’s Bank Account. Seller within 48 hours pays the intermediaries involved according to signed contract & NCNDA.

Specifications: