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Aditya

Supplier From India
Jun-20-25
Supplier : En 590 Diesel Oil

Established: 2025

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Contact Details:
India
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India


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EN 590 is a Europeangrade diesel fuel specification that defines the physical properties and quality standards of automotive diesel used across Europe and other global markets It complies with strict environmental and performance regulations particularly regarding sulphur content ensuring efficient combustion and reduced emissions

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FOB TTT & TTV ROTTERDAM AND JURONG

1. Buyer issues an Irrevocable Corporate Purchase Order (ICPO), TSA/CPA, and provides complete banking information.
2. Buyer and Seller sign the Sales and Purchase Agreement (SPA) and Proforma Invoice (PI). Within 7 working days, the Buyer issues a Letter of Credit via Swift MT700.
3. Seller allocates the product to the Buyer and provides the following Proof of Product (POP) documents on a periodic basis:
a. Shore Tank Quality and Quantity Report
b. Time Sheet
c. Sample Receipt
d. Commitment Letter to Supply
e. Authorization to Sell & Collect (ATSC)
f. SGS Report or equivalent (issued within 48-72 hours)
g. Product Injection Report
h. Authorization to Sell and Collect Certificate
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j. Certificate of Origin
k. Unconditional Dip Test Authorization, allowing Buyer's chemist or SGS team to verify product quality and quantity in the Seller's leased tanks
l. Proforma Invoice reflecting the total product value
4. Seller issues Authorization with tank location coordinates and terminal access, enabling the Buyer's chemist or inspection team to physically verify and conduct Diptests at the Seller's or refinery's storage tanks at the port.
5. Product injection into the Buyer's designated storage facility begins.
6. Upon completion of the injection, the Buyer makes full payment for the total product value via MT103/Telegraphic Transfer (T/T) within 1-2 banking days. After payment confirmation, the Seller transfers the Title of Ownership and all relevant export documents to the Buyer or the Buyer's bank for record and customs clearance purposes.
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