FOB TANK TO TANK PROCEDURE [NON-NEGOTIABLE]
1. Buyer issues ICPO containing the seller's procedure with Buyer’s CIS including banking
details and scanned copy of buyer's passport copy.
2. Seller issues Commercial invoice (C.I), for buyer’s review to sign and return along with (TSA)
issued by the buyer's tank farm.
3. Seller issues to buyer
a. Company Registration Certificate.
b. Product Quality Passport.
c. Statement of Product Availability.
d. Sanitized SGS Report from loading port.
e. Injection Report for product injection into tank farm.
f. Authorization to Verify the Product in Seller's Tank (ATV).
g. Tank storage Receipt (TSR)
4. TSA Verification; The seller will conduct due diligence on TSA from buyer’s chosen tank farm.
If everything is approved, seller will pay the first lease fee of 2 days to the tank provider. Once
the logistics company confirms receipt, the buyer will also pay his lease fee of 3 days, and
both parties will receive a joint TSR.
5. Seller confirms availability of storage space to issue Unconditional / Conditional DTA — This
depends on the response from the Buyer's Tank Farm, and to release full POP documents as
follow:
a. Certificate of origin
b. Commitment to supply
Destination Port : Fob Tank To Tank & Tank To Vessel Rotterdam,
Please provide a quotation to the following requirement from importer -
Product : Diesel EN590
Specifications:
Quantity Required : 100,000 MT or more x 12
We want the terms that contain no upfront. NO TSA and NO TSR will be provided until complete verification of product. Seller Shall provide SGS, Injection Report, TSR and Coordinate and shall allow Physical verification.
ONLY after physical verification of the product, TSA & TSR will be provided.
ONLY Send us your inquiry when you are able to do compliance with the above set terms.
Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm
Specifications :
Quantity: Trial Order:50,000MT & 200,000MT Per Month X 12 Months With R & E. Total Quantity 2.4 Million Tons Per Year
The Seller Needs To Provide 3% Performance Bond To Activate The International Letter of Credit (LC)Issued By Vietnam
From The Second Shipment Onwards Only 2% Performance Bond Is Required
This Is The Operating Procedure Of The Vietnamese Buyer Side Requested
If Seller/refinery Accept It, Buyer & Seller Can Move Forward, Seller Provide FCO To Buyer Reference Asap
Payment Terms:
Full Payment MT-103 Buyer's own Tank Vopak or other
Destination:
Fujairah, United Arab Emirates
Looking for suppliers from:
Worldwide
Product Description
Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm And JET Fuel A1
Specifications :
Quantity: Initial Lift 200,000 MT Rolled Into Contract Of Up To 400,000 MT/Month
Absolutely No Seller’s Tank Take Over Or Payment Of Same, No Prepayments Of Any Kind
Quantity Required : 200000 Metric Ton/Metric Tons
Shipping Terms : FOB
Destination Port : Fujairah, United Arab Emirates
Payment Terms : Full Payment MT-103 Buyer's own Tank Vopak or other
Payment Terms:
Full Payment MT-103 Buyer's own Tank Vopack or other
Destination:
Rotterdam, Netherlands
Looking for suppliers from:
Worldwide
Product Description
Please quote for the following wholesale product requirement -
Product Name: Diesel EN590 10ppm And JET Fuel A1
Specifications :
Quantity: Initial Lift 200,000 MT Rolled Into Contract Of Up To 400,000 MT/Month
Absolutely No Seller’s Tank Take Over Or Payment Of Same, No Prepayments Of Any Kind
Quantity Required : 200000 Metric Ton/Metric Tons
Shipping Terms : FOB
Destination Port : Rotterdam, Netherlands
Payment Terms : Full Payment MT-103 Buyer's own Tank Vopack or other
