Buyer From
Geyong San,
Geyong Buk,
South Korea (Republic Of Korea)
Quantity Required:
2,000,000 - 5,000,000
Barrels
Payment Terms:
MT 103
Destination:
Not Specified
Looking for suppliers from:
Worldwide
Product Description
The buyer would like to receive quotations for -
Product Name: Jet A1 Fuel
Specifications:
Quantity : 2M barrel~5M barrel monthly monthly
CONTRACT: 2M-5M bbls per month X 12 months with R&E.
TARGET FOBPRICE: Gross $70/bbl Net $54/bbl or Seller Best Price
COMMISSION: $7/bbl Sell-Side and $2/bbl Buy-Side and $7/bbl buyer side mandatory
PROCEDURE(ROTTERDAM):
1. Buyer submits ICPO to Seller together with Buyer Banking Details, Buyer Signatory Passport, Company Registration Certificate and Corporate Profile on receipt/acceptance of seller soft corporate offer (SCO).
2. Upon acceptance of Buyer ICPO, Seller releases Commercial Invoice (CI) to Buyer. Buyer signs and returns back CI to Seller. IMFPA/NCNDA is processed by Seller for Sell-Side Intermediaries and likewise, by Buyer for Buy-Side Intermediaries.
3. Seller within Three days upon receipt of signed CI from Buyer, releases the following POP Docs to Buyer secure email:
a. Tank Storage Receipts (TSR) with full info including terminal, Barcode & GPS coordinates
b. Injection Report
c. Fresh SGS Report less than 48 hours.
d. Unconditional DTA on buyer name
e. Authorization to Verify (ATV)
f. Authorization to Sell and Collect (ATSC)
g. Commitment to Supply. (CTS)
h. Product Passport and analytical report (PP)
i. Certificate of Origin (COO) j. Attestation of allocation (AOA)
k. Legalized commercial invoice.
4. Buyer verifies and confirms POP as above & orders SGS to conduct Dip Test of the product in Seller Tank at Buyer Expense (should he feel necessary). (Note: CPA/Q88/NOR/ATI to be provided by Buyer to Seller immediately after successful Dip Test in Seller� Tanks).
5. Upon Buyer� successful Dip Test, the Seller issues the full injection schedule to the Buyer.
6. Buyer pays total cost of product via MT103/TT, against successful Dip Test at sellers tank, within 48 hours or Buyer will be responsible for each day tank extension cost. (Note: SELLER TO PROCEED TO INJECT PRODUCT TO BUYER� VESSEL AFTER MT103/TT RECEIVED FROM BUYER).
7. Seller transfers to the Buyer TITLE OF OWNERSHIP CERTIFICATE and all other export documents immediately upon receipt of Buyers payment.
8. Seller pays all the intermediaries involved in the transaction on Sell-Side and Buyer likewise pays all buy-side intermediaries as per NCNDA/IMFPA.
9. Seller and Buyer sign a one-year contract. After signing SPA/Contract, Buyer provides SBLC/RDLC to Seller as per SPA/Contract for secure payments for monthly deliveries. DEFAULT/PENALTY CLAUSE: To further enhance Procedures, Seller and Buyer agree to a Default / Penalty Clause be included in Procedures as follows: Failure of either party, Seller or Buyer to not perform successfully and close this transaction will have serious legal consequences and pay Penalty of 1% of Transaction Value, hence no need for Seller verification of Buyer Logistics (TSA or CPA) since Buyer is fully responsible for his Logistics (Tanks or Vessels) being available when needed and subject to penalty.
Our worldwide Suppliers would be delighted to send you Quotations by posting your requirements on our website.
Please quote for the following wholesale product requirement -
Product Name: Aviation Kerosene, Jet A1
Specifications :
Quantity: 1 Million Barrels For Trial, And 3 Million Min Barrels Per Month For 36 Months With Possible Extensions And Rollovers
Procedures; They Prefer Vopak To Vopak Procedure With Real Seller, But TTO/TTT/TTV Are Also Acceptable Under The Condition:
No upfront TSA or TSR, Because Vopak Doesn't Issue It.
CPA for TTV Is Available After The Product On The Vessel Is Verified By PPOP That It Is Under Title Holder
Deposit for TTO Is Available Only After Title Is Confirmed And Receiving Account Of Deposit Must Be US Escrow Account
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
Quantity Required : 1000000 Barrel/Barrels
Shipping Terms : FOB
Destination Port : Fob Tank To Tank & Tank To Vessel Rotterdam,
Payment Terms : MT103/TT wire transfer for value of the goods
Payment Terms:
50% T/T upfront and 50% on Shipping Documents.
Destination:
South Korea (Republic Of Korea)
Looking for suppliers from:
Worldwide
Product Description
Please provide a quotation to the following requirement from importer -
Product - Jet Fuel A1
Specifications:
Quantity - 2,000,000 Barrels/month X 12 Months
Note:-
Hope To Get Seller’s Offers and NCNDA+IMFPA signed
by the seller and seller’s past proof of inspection
report
Or
If seller can meet to sale any one or more among the
1.2.3.4
Hope to get seller’s offers and NCNDA+IMFPA signed
by the seller
And seller’s past proof of Inspection report
Quantity Required : 2000000 Barrel/Barrels
Shipping Terms : FOB
Destination Port : South Korea (Republic Of Korea)
Payment Terms : 50% T/T upfront and 50% on Shipping Documents.
