DIP AND PAY PROCEDURES FOR FOB - Non-Negotiable) - KAZ Origin - Code: HT025
* ICPO - CI
* Seller issues POP : TSR, STAT. OF PRODUCT AVALIBILITY, ATV, DTA.
* Buyer extends Seller's Tank and makes arrangement for Dip Test Schedule.
*Buyer Conducts Dip Test on Seller's Tank at Buyer's expenses & Buyer makes 100% payment for the first trial lift via TT wiring and Seller transfer title ownership of the product to the buyer. Buyer lift product into Vessel or completely take over seller's tanks for further product storage.
* Seller issues final agreement to Buyer to review contract on R&E Monthly Deliveries,
* Buyer reviews and approves contract and issued SBLC/ DLC Irrevocable, Non-Transferable, Auto Revolving for 12 months shipment value, Documentary Letter of Credit for length of Contract and for each lifting as schedule
* Buyer pays after successful Dip Test by MT103 wire transfer on each Monthly delivery.
* The Subsequent delivery shall commence according to the terms and conditions of the Contract and Seller pays
For petroleum products, we can put you in touch with our friend end-sellers or title holders who can provide dependable and sincere offers for express work with non-sanctioned origins.
Please contact us only if you are the real end buyer or his direct mandate.
We offer Jet A-1 aviation turbine fuel for commercial airlines and cargo operators. Our product meets international ASTM D1655 and DEF STAN 91-91 specifications, ensuring high thermal stability and performance. Sourced from certified refineries and terminals, available on CIF or FOB basis from major ports including Rotterdam, Houston, and Fujairah. Minimum order: 2,000,000 barrels. Full documentation and SGS inspection provided.
Request pricing, Soft Corporate Offer (SCO), and procedures today.
Product is available on FOB TTV at Rotterdam Port. First shipment is min 100k MT, thereafter 200K MT per month x 12 months.
Procedures: (Non Negotiable)
Buyer issues ICPO with full banking details, buyer's passport and Charter Party Agreement (CPA)
Seller issues (CI) Commercial Invoice Buyer countersigns and returns to Seller with Buyer's request for a 1-day invoice for tank storage extension and dip test in seller's tank
Upon receipt of Buyer's POF, Seller issues PPOP documents: Authorization to Sell and Collect
Buyer signs and returns Authorization to Sell and Collect to Seller.
Seller opens communication with Tank Farm Management for product transfer and registration. Upon the complete product transfer registration with Port Authority by Tank Farm, Seller then issues POP documents:
Tank Storage Receipt (TSR)
Product Passport/Analysis
Certificate of Origin
Injection Report
24 Hrs SGS Report
Unconditional Dip Test Authorization
Upon Buyer's successful verification of POP and Dip Test in Seller's tank, Seller issues the Tank to Vessel Injection Agreement (TVIA) and Tanker Injection Program (TIP)
Product injection begins into the Buyer's vessel. (Buyer may completely take over Seller's tanks for further product storage)
After Product Transfer and Injection into buyer's vessel has been completed, Buyer makes Payment via MT103.
Seller transfers the Title Holder and Ownership of the product to the Buyer
After successful trial lift Seller issues SPA for 12 months with R&E to the Buyer.
I am Christopher Stuart Director with Global Energy Trade.
I have onboarding information as well as an SCO for you.
Please add my Whats App if you would like our pricing and procedure. Please see our website for pricing and procedures as well. Note different suppliers can have different procedures and yes we have Volpak to Volpak and TTMs available. CALL FOR QUOTE . latest was 91 USD BBL
