EN590 FOB TTV Seller Procedure
Origin : Kazakhstan
Loading port: Singapore port
UNIT PRICE : USD 490/MT
PAYMENT TERMS : MT103
TRANSACTION TERM : FOB
1. Buyer accepts seller working procedure and issue ICPO
2. Seller's issues commercial invoice (CI), Buyer signs and returns back commercial invoice.
3. Seller issue TSR with GPS coordinate to Buyer Company,
4. Buyer contacts the Seller's storage facility for tank extension to enable Buyer approval to gain access to the facility and execute the Quality & Quantity Inspection in Seller Tank Farm for FRESH Analytical Report/Result by SGS. ( Note* One day extension fee is 78,000 usd and will be deduct when buyer is paying total amount )
5. After successful DIP test, (NCNDA/IMFPA) will be signed by all parties.
6. Seller injects product into Buyer's vessel or injects into Buyer's tanks Buyer or buyer take over the storage tanks, within maximum 48 hours Buyer pays via MT 103/TT for the spot transaction and seller issues all export documents to buyer.
7. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction and proceeds with the signing of contract with Buyer.
Greetings, we trust this message finds you well. We are reaching out to express our warmest regards and extend an invitation for potential collaboration.
In order to better understand your requirements, we kindly request you to share the requested quantity for EN590 10PPM. This information will allow us to tailor our offer to meet your specific needs effectively.
With authorized access to reputable refineries, we take pride in ensuring the delivery of high-quality products, providing exceptional service and buyer friendly procedures.
Our commitment is to foster a mutually beneficial business relationship that goes beyond expectations.
Looking forward to your prompt response and the opportunity to discuss further details.
Origin : Kazakhstan / Russia
Diesel EN590 (10PPM) Offer
To Whom It May Concern,
We,AHA! CREATE LLC, a producer of responsible industrial commodities, is capable of supplying the following product under the specified terms and procedures:
Incoterm:�?� FOB or CIF
Performance Bond (PB):�?� To be discussed
Trade Terms
FOB: Tank to Tank (TTT)
FOB: Tank to Tank (Dip and Pay)
FOB: Tank to Vessel (TTV)
FOB: Tanker Takeover (TTO)
CIF: Shipping to Discharge Port
Transaction Procedure
(The procedure may change caused by the trade terms.)
NDA:�?� Buyer and Seller side sign a Non-Disclosure Agreement (NDA).
SCO:�?� Seller issues a Soft Corporate Offer (SCO) outlining basic terms and incoterms.
ICPO:�?� Buyer issues an Irrevocable Corporate Purchase Order (ICPO) addressed to the Seller Refinery, along with:
Company profile
Vessel Charter Party Agreement (CPA)
Buyer's passport copy
Stamp & Signature on each page
SPA: Seller issues a Draft Sales & Purchase Agreement (SPA), open for amendments. Once both parties sign and seal the contract, copies are exchanged electronically.
Contract Registration:� Seller registers and legalizes the contract with appropriate authorities to secure approval for Transfer of Ownership Title/Allocation in the buyer's company name at the seller's expense.
POP Documents:� Seller provides a notarized and insured copy of the legalized contract along with Partial Proof of Product (POP) documents:
Certificate of Origin
Statement of Product Availability
Product Quality Passport
Refinery Guarantee to Supply Letter
Refinery Legalized Draft Contract
Freight Cost Invoice:� Buyer requests an invoice from their nominated Shipping and Logistics company for the chartered freight cost, to be equally shared between Buyer and Seller.
Freight Payment: � Seller and Buyer make the agreed payments for the chartered freight cost to ensure logistics availability and port authorization. Seller's portion of the freight cost will be deducted from the total product payment at the discharge port after final CIQ/SGS testing.
POP & Shipping Documents� Seller releases copies of the following documents to the Buyer:
Charter Party Agreement for product transport
Shipping Schedule Document
Product Analysis Report
Certificate of Origin
Bill of Lading
Tank Receipt
Vessel QM8
Certificate of Product
Payment: Buyer's bank issues an Irrevocable Documentary Letter of Credit (IRDLC) for the full value of the first month's shipment.
EN 590 Gas Oil is a 10 ppm (parts per million) sulphur content gas oil. It has a higher cetane number than A2 Class Gas Oil (another 10ppm sulphur content class of red diesel), making it better suited to internal combustion engines in off-road vehicles. Its parameters include density at 15C (typically at this temperature it will have a density of 0.856kg/m3 with a minimum of 0.82kg/m3 required), a typical 0.1% carbon residue value (where the maximum permitted for this grade is 0.3%). The minimum flashpoint (the lowest temperature at which the fuel produces vapour that is an ignitable mixture in air near the surface of the liquid) is 56C.
Origin: Kazakhstan and Georgia. Avaliable for CIF AWSP and FOB Rotterdam and Houston.
EN590 10 ppm is a specific type of diesel fuel that is commonly used in various industries and transportation sectors. It is a premium grade diesel fuel with low sulfur content, making it more environmentally friendly compared to traditional diesel fuels.
The "EN" in EN590 stands for "European Norm," indicating that this fuel conforms to the standards set by the European Union for diesel fuel quality. The number "590" refers to the specification number for diesel fuels in the EN standard.
The "10 ppm" in EN590 10 ppm refers to the maximum allowable sulfur content in the fuel, which is 10 parts per million (ppm).
