Petroleum products, maritime vessels, logistics, non-perishable food items, chemicals.We are the procurement and logistics arm of supply solutions limited
TANK TO TANK & TANK TO VESSEL
COMMODITY: EN 590 10 PPM
TRIAL QTY: 100,000 MT OR 200,000 MT (Up to Buyer's requirement)
CONTRACT QTY: 400,000 METRIC TONS ROLLS & EXTENSIONS
PRICE: $520/$530 PER MT
DELIVERY: FOB, ROTTERDAM, NETHERLANDS AND HOUSTON
PAYMENT: SBLC/MT103
1. Buyer issues ICPO in line with Sellerâ??s procedure and Tank Storage Agreement (TSA) / Charter Party Agreement (CPA) as proof of storage Tank or Storage Vessel availability or Buyer extends Sellerâ??s tanks.
2. Seller reviews Buyerâ??s ICPO/TSA/CPA and if accepted, Seller issuesâ??
a) Commercial Invoice;
b) Commitment Letter to Supply;
c) Statement of Product Availability;
d) Product Passport (Q&Q report) of the product in Tanks at the
port;
e) Buyer and Buyerâ??s Logistics sign the Commercial Invoice or Buyer extends Sellerâ??s tanks.
3. Upon receipt of the endorsed Commercial Invoice, Seller issues the below PPOP documents:
a) Unconditional Dip Test Authorization (D.T.A);
b) Fresh SGS Report (Not older than 72 hours);
c) Loading Port Injection Report (P.I.R);
d) Certificate of Origin;
e) Tank Storage Receipt (TSR);
f) ATSC.
4. Upon successful verification of the Full POP documents, Buyer orders His/her SGS/Intertek or its equivalent team to conduct Dip Test on the product in Sellerâ??s tank at Buyerâ??s expense.
5. Following the completion of the Dip Test, Buyer provides His/her storage receipt (TSR) / (Q88 to Seller, injection commences into Buyerâ??s leased storage tanks or vessel and upon completion of
injection, issues to Buyer FULL Injection Report.
6. Seller issues and endorses NCNDA/IMFPA duly signed by all Parties and Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller pays commission to all intermediaries involved in the transaction within 24 hours upon confirmation of Buyer's payment.
7. Seller issues Draft Sales Purchase Agreement (SPA) to buyer to review for R&E monthly deliveries (Optional).
8. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-transferable, auto revolving for 12 monthly shipment value documentary letter of credit for length of contract and for each lift per schedule. Buyer pays after dip test by MT103 Wire transfer on each monthly quantity.
9. The subsequent delivery shall commence according to the terms and conditions of the contract.
Please note that no third party Tank Storage Accounts will be accepted the account must be in the name of the contractual party OR if the TSA/CPA is in a third party name we require the Joint Venture Agreement between the parties for acceptance. We need Approval from third-party Storage facilitator, whether it is a vessel (CPA) or a tank (TSA).
We trust the above is in order.
Canola oil is a widely used, versatile vegetable oil. It is used as a salad and cooking oil and for other liquid oil preparations such as salad dressings and mayonnaise.
Canola oil is a versatile and widely used vegetable oil. It is widely used as a salad and cooking oil and for other liquid oil preparations such as salad dressings and mayonnaise.
Corn oil is a type of vegetable oil that is extracted from the germ of corn (maize) kernels. It is a widely used cooking oil due to its mild flavor, high smoke point, and versatility.
Corn oil is a type of vegetable oil that is extracted from the germ of corn (maize) kernels. It is a widely used cooking oil due to its mild flavor, high smoke point, and versatility
Our refined sunflower oil is a perfectly clean oil, which preserves all the nutrients during the production process. Its is commonly used in food preparation, and in cosmetic formulation as an emollient.
