Vopak to Vopak deals prices EN590 10 ppm US$ 540/MT, Jet fuel A1 is $82/bbl
Procedure as follows:
*VOPAK TO VOPAK*
*ROTTERDAM ð??³ð??± HOUSTON ð??ºð??¸*
ð??¢ï¸? *EN590 10PPM*
NON SANCTIONED
*PRE QUALIFICATION STEPS*
1. Buyer to provide CIS
2. Upon acceptance, Seller details will be provided for issuance of ICPO
*PROCEDURE*
1. BUYER to issue ICPO addressed to SELLER for verification and approval
2. SELLER to issue CI. BUYER signs and returns CI within 24 hours
3. SELLER to issue Authorization to BUYER for BUYER's Vopak Terminal Manager to communicate with SELLER's Vopak Terminal Manager to verify the existence of the products.This is to allow BUYER to verify fuel is real
4. After confirmation from BUYER's Vopak Terminal Manager, BUYER's Vopak Terminal Manager submits below documents to SELLER's Vopak Terminal Manager:
* Vopak Terminal Agreement or Vopak Reference Code
* Vopak Barcode
5. BUYER finalizes the Vopak Terminal Protocols
6. SELLER to issue Full POP documents to BUYER's Vopak Terminal Manager and injection begins
7. Upon completing the injection, BUYER makes full payment via MT103 TT and SELLER transfers title to BUYER
8. SELLER pays commission to its own intermediaries until the Contract is complete along with all rolls and extensions.
EN590 10ppm & Jet Fuel A1 available .Tank to Tank procedure :
TRANSACTION PROCEDURES FOR FOB â??TTTâ??
(TANK-TO-TANK)
1. Buyer issues ICPO together with tank storage agreement (TSA) for
seller approval.
2. Seller issues Commercial Invoice (CI), ICC WARNING LETTER for the
available product quantity in the
storage tank in the terminal port.
3. Buyer signs and then returns the commercial invoice with NCNDA/IMFPA
signed by all buyer Groups
with commission structures.
4. Seller Issue (3 DAY unconditional Dip Test Authorization (DTA) to be
endorsed by Sellerâ??s Company,
Buyerâ??s Company and Buyerâ??s chosen Logistic Company. Upon confirmation
of the signed unconditional
Dip Test Authorization (DTA) by both parties, Seller programs the
injection and then issues buyer the
following documents.
A.FRESH SGS REPORT INSPECTED IN LOADING TERMINAL PORT.
B.TANK STORAGE RECEIPT (TSR) WITH GPS COORDINATES).
C.AUTHORIZATION TO VERIFY (ATV).
D.INJECTION REPORT SHORE TANK.
E.CERTIFICATE OF ORIGIN.
F.AUTHORIZATION TO SELL & COLLECT (ATSC).
5. Buyer upon physical verification of the product and PPOP
confirmation, contracts SGS to conduct the
Dip test in Seller Storage Tank on Buyerâ??s expense.
6. Upon successful Dip Test, Buyer presents the tank storage receipt
(TSR).
7. Seller commences injection immediately into buyer tank and â??issues
buyer Title of Ownership
Certificate to be followed by all export Documentation.
8. Buyer makes payment by MT103 or TT wire transfer for the total
product and lifts the product, andseller pays all
intermediary involved in the transaction
1. Buyer issues an official ICPO with the seller's procedure, passport copy, banking details along
with their Tank Storage Agreement "TSA".
2. Seller issues their Commercial Invoice "CI" to the buyer, Buyer signs and returns the commercial
invoice to the seller along with an Acceptance Letter of the sales and purchase procedure.
3. Seller verifies the buyer's storage facility and their Tank Storage Agreement (TSA) with the port
authority. (NB: Seller will issue a Tank-to-Tank Injection Agreement (TTIA) to be signed by all
parties only if buyer's TSA is engaged, not active or cannot be verified with the local port
authority).
4. Seller issues all POP documents below to the buyer upon a successful verification and approval
of the buyer TSA or after receiving the TTIA fully signed by all parties:
a. Injection Report.
b. Product Passport.
c. 24 Hours SGS Report.
d. Product Certificate of Origin.
e. Tank Storage Receipt (TSR).
f. Authorization to sell and collect.
g. Unconditional Dip-Test Authorization.
h. Product Title Holder Transfer Agreement.
i. NCNDA/IMFPA.
5. If required buyer may inspect by SGS (Dip Test In Tanks) at buyer's expense.
6. Upon successful verification of POP or Dip Test in the seller's tank, buyer provides Tank Storage
Receipt (TSR) to seller in order to issue the scheduled Injection Programming (IP) to be signed by
buyer storage facility and then injects the product into buyer's tanks.
7. Buyer makes the payment for the product via MT103, seller transfers the Title Holder &
Ownership of the product to the Buyer.
8. After successful Trial Lift (First Lift), Seller issues SPA/Contract for 12 months with R&E to
Buyer for processing.
9. Seller pays commissions to all intermediaries involved, for the initial lift and all subsequent lifts
according to the signed NCNDA/IMFPA.
New catalog of products we start to work with new refinery from yesterday, we have urea,ammonia,methanol, olefins like propylene and others, aromatics like benzene and others, check catalog, and send us a loi for quotations. Can buy FOB or CIF, payment by LC 100%.
Sulphur FOB offer available: Granular Sulphur 99.6% Bulk $170/MT JUMBO BAGS $177/MT Lc100% payment after SGS Oman origin Loaded jebel ali port Fob jebel ali CIF price only by request, tell us the destination port for quotation
1. Buyer sends ICPO with CIS, Trade License, Passport Copy
2. Seller provides verbiage for ATV, which will require VTTI/Vopak Contract Reference number, Tank Manager Details, Account name, and Barcode. Buyer provides signed verbiage. Seller will pursue diligence with their tank manager and Buyer Tank Manager.
2. The seller issues the commercial invoice for his product. In the tanks of the delivery port, the buyer will sign and return the commercial invoice, together with the letter of acceptance to the seller.
3. The seller will issue a copy (after the original) of the fresh SGS report of the product, strictly only, to the buyer storage facility company, along with the Confidentiality agreement for Buyer Storage to sign and return to check the fresh SGS report in their storage logistics office.
4. Upon confirmation of the successful verification of the SGS report by the buyer Storage, they shall immediately notify the buyer of the result of the inspection. The buyer will provide the seller with the tank storage voucher (TSR) from his tank company.
5. Upon Seller confirmation of Buyer tank storage voucher (TSR), Seller issues the following POP documents to the buyer, while the Buyer will perform the Dip Test on the product, in Seller storage:-
a. Injection report
b. Product availability statement.
c. Dip Test Authorization (DTA)
d. Recent SGS report update
e. Certificate of Origin
6. After completion of the Dip Test, the seller injects the fuel into the storage tank rented by the buyer, and the seller sends the complete hard copies POP to the buyer.
7. The buyer makes a payment of 100% by bank transfer MT103 TT for the total product.
**Requirements for Proceeding:**
- Buyer to issue Irrevocable Corporate Purchase Order (ICPO) along with company Certificate
- Buyer must have TSR
**Storage Information:**
- Fuel is stored at Vopak and Kinder Morgan, renowned Tier 1 Tank Storage Facilities in Rotterdam, Houston, Fujairah, Duqum, and Qatar.
.
TTT Procedure for FOB Dip and Pay, Rotterdam Port (E-tank / Non-negotiable)
1. Initial Steps: The buyer issues an Irrevocable Corporate Purchase Order (ICPO), company registration certificate, data page of the buyer's passport and an Authorization to Verify (ATV) the Tank Storage Agreement with the E-Tank provider. (Proof of funds will be waived if the ATV is successful.)
2. TSA Verification, CI and DTA: The seller verifies the TSA and upon successful verification, issues the Commercial Invoice (C.I). The buyer signs and returns the CI to the seller within 48 hours. The seller will also issue a DTA ( Dip Test Authorization) to be endorsed by the buyer and buyer's tank farm.
3. Proof of Product and Injection Schedule
a. Injection Schedule: The seller releases the injection schedule to the buyer and
the buyer's tank farm company. The buyer and their tank farm must sign and
return these documents to the seller within 48 hours.
b. Proof of Product (POP) Documents: Concurrently, the seller issues the
following documents to the buyer: (a) Fresh SGS report
(b) Product Passport
(c) Injection Report
(d) Unconditional DTA
(e) Authorization to Sell and Collect (ATSC) (f) AuthorizationtoVerify(ATV)
Option A �¢?? seller injects fuel into the buyer�¢??s tank.
4. Tank Storage Receipt: The buyer�¢??s tank storage company will issue a TSR for at least 5 days. The Lessee�¢??s name will include both the Buyer and the Seller. The refinery�¢??s name will also be included.
5. Injection of product into Buyer�¢??s tanks: Upon Buyer�¢??s confirmation of the POP documents in clause 5, Seller will commence injection of product into the Buyer�¢??s tank.
6. Dip Test: The Buyer is responsible for ordering SGS to conduct a dip test of the product in the Buyer�¢??s tank at the Buyer's expense.
7. Payment and Delivery: Following a successful SGS dip test, the Buyer must make a 100% payment via MT103/TT wire transfer for the total product within forty-eight (48) hours. The Seller will pay commissions to all intermediaries involved in the transaction within forty-eight (48) banking hours after confirmation of the Buyer's payment.
Products: EN590 10PPM, Jet A1/54 Fuel, D6, Mazut. The prices are NEGOTIABLE. We at MEORK Marketing Corp., are looking for long-term partners to provide high-quality Petroleum products. We have direct contacts to various refineries to provide your needs.
For years, we have been operating in international markets with reputable and reliable shipping companies, storage tank farms, refineries and sellers, I find it reasonable to extend salutations and suggest we discuss how we can work together to better serve our networking goals. At â??SEIâ??, we provide commodities directly from the title holder.
The current available product right now is EN590, JET A1 & JP54, SCO with title holders FOB & CIF Non-negotiable procedures will be provided upon request.
