Diesel fuel EN590 10 ppm ( Discount on Price Platts minus -5-10% )

Procedure Tank to Vessel ( Port Fujairah/Rotterdam )

These Is The Procedures for CPA (Tank to Vessel )
Procedures The Non Negotiable
Procedure For Spot FOB Fujairah/Rotterdam

1. Buyer Issue ICPO containing the seller's working procedure with banking details and scanned copy of buyer's passport along with TSA/CPA and buyer company certificate of incorporation.
2. Upon approval of buyer’s documents, Seller issues commercial invoice of the product to buyer to be signed and returned back to seller.
3. After confirming the CI signed by the buyer, The buyer requests a TSR invoice for Six days TSR from the seller in order to DIP TEST PRODUCTS.
4. After the payment of the TSR invoice by the buyer, the seller immediately issues the UDTA to buyer and others DOCUMENTS listed in step 5.
5. Seller Issue to Buyer PPOP document Listed Below:
a) Fresh SGS Report
b) Tank Storage Receipt (TSR)
c) InjectionReport
d) Authorizationto Sell&Collect
e) Authorization to verify the product in the seller's tank (ATV)
f) Products Passport
g) Commitment letter to supply
h) StatementofProductsavailability
6. Buyer inspects by SGS on buyer’s expenses.
7. Upon Successful Dip Test in Tanks, product will immediately be injected into buyer's tanks/Vessel. Buyer makes payment for the product via mt103/TT.
8. Buyer Lifts Product and all Intermediaries are paid. Seller and Buyer consider and signs further contracts after successful transaction.
9. After receiving confirmation of Buyer Payment, the seller immediately transfer the title ownership to the buyer.

NOTE: all of our procedures contains 5 % penalty ( 5% buyer , 5% seller ). An agreement will be drawn up between seller and buyer as a guarantee for the imposition of a five percent (5%) penalty clause, in case of failure in the operation.