Payment Terms:
Irrevocable Documentary Letter of Credit (DLC) MT700 only
Shipping Terms:
CIF
Looking for suppliers from:
Worldwide
Product Description:
The buyer would like to receive quotations for -
Product: ULTRA LOW SULPHUR DIESEL (EN590) 10 PPM
Specifications:
Country of Origin: Must be from non-sanctioned countries (Strictly No Kazakhstan)
Note: We invite serious and established sellers, refineries, or authorized mandates to submit their offers with full corporate terms, product specifications, and readiness to proceed under standard international procedures.
Note : The Seller Must Be Able To Attend The Table Talk Meeting (ttm) At Designated Meeting Place In JB / KL Malaysia
If Seller Is Unable To Do TTM, Do Not Even Bother
FOB STS (Ship To Ship) DIP & Pay Procedure
1. Seller informs *IMO Number & Vessel Name* to Buyer, Buyer issues Irrevocable Corporate Purchase Order (ICPO)
2. Seller issue draft MOU Agreement and Commercial Invoice (CI), NCNDA/IMFPA, & Fresh *SGS or Equivalent Q&Q Analysis Report under actual Seller's co name* to Buyer
3. Buyer along with Intermediary Fill, Sign & Seal the MOU, CI & NCNDA/IMFPA then return it to Seller
4. Seller sends to Buyer the following documents for Buyer's confirmation :
A. Vessel Q88
B. Bill of Lading (Full Set)
C. Estimated Time of Arrival ETA
D. Official Mandate Letter by Refinery (if Seller is a Trading Company)
E. Payment Invoice for title transfer.
F. Cargo Manifest.
G. Statement of Availability of Product
H. Certificate of Origin
I. Ullage Report
5. After Buyer validated and confirmed the Above documents, buyer send to seller a Table Talk Meeting Invitation Letter at Notary Office in Johor Bahru Malaysia for open amendments. During Table Talk Meeting (TTM), after seller confirmed Buyer's POF, Seller gives all the rest Necessary documents including DTA, ATBV, & ATV, at the same time Buyer's vessel docking to Seller's Vessel (alongside / side to side) for Dip Test Preparation.
Quantity Required : 100000 Metric Ton/Metric Tons
Shipping Terms : FOB Ship To Ship (STS) at OPL 10
Destination Port : Other-Not Shown
Payment Terms : NO DLC / SBLC (Payment Will be MT103)
Looking for suppliers from : Singapore, Malaysia, Russian Federation, Kazakhsta
Please quote for the following wholesale product requirement -
Product: EN590 10 PPM Diesel
Specifications:
Ultra low sulfur diesel
Qty: 300,000 - 2,000,000 mt
BUYERS PROCEDURE:
The buyer issues an ICPO without a TSA. The seller then issues a Commercial Invoice and draft SPA. Once the CI is signed, the seller provides full proof of product, including documents such as the SGS report, CPA, etc. After receiving these, the buyer issues an Authorization to Verify (ATV) for logistics confirmation. Following a successful verification and dip test, payment is made via MT103/TT or another agreed method. Title is transferred at this stage, and the product is lifted as per the contract.
Buyer is interested to receive quotations for the following RFQ -
Product: EN590 10 PPM Diesel
Specifications:
Ultra low Sulfur diesel
Qty: 300,000 - 2,000,000 mt
BUYERS PROCEDURE:
The buyer issues an ICPO without a TSA. The seller then issues a Commercial Invoice and draft SPA. Once the CI is signed, the seller provides full proof of product, including documents such as the SGS report, CPA, etc. After receiving these, the buyer issues an Authorization to Verify (ATV) for logistics confirmation. Following a successful verification and dip test, payment is made via MT103/TT or another agreed method. Title is transferred at this stage, and the product is lifted as per the contract.
- if everything is put on the table and shown to each other
- if there is little paperwork
- for mutual inspection
Before, Buyer and seller make a small contract, meet and the deal is closed.
In short, this means that if the seller and owner of the goods or the seller mandate on site in Rotterdam shows the most important proofs, the buyer shows all proofs, the purchase can be finalized.
The buyer is interested in a 12-60 month contract.
