Trade Lead Description:
I am direct to a BLCO seller and he sells on a TTT basis, his procedure are these:
1. MOU signed between Seller and Buyer.
2. Buyer give her vessel details, and a promisary note from their bank to seller,
3. Seller issues NOR to buyer
4. The two vessels long side and tie
5. Seller issues ATB to buyer
6. Q & Q is done by buyers nominated inspector while they sign the SPA
7. A banking instrument by buyer is put in place after supercargo is put on board
8. Transhipment is done.
9. Payment by buyer follows
10. Documentation is done and Vessel particulars are released to buyer.
price is discount $8 below for a 2million barrel and $9 below for a 1million/100,000mt
So if you know that your buyers can work with my seller on these terms contact me ASAP.
Regards
Efi.
| Type of Offer: |
Offer to Sell |
| Quantity: |
2,000,000 |
| Packaging: |
barrels |
| Price / Incoterms Conditions: |
$8 below |
Posted from Nigeria - Lagos on 17 May, 2011
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Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Crude Oil -> Bonny Light Crude Oil (TTT) Direct to Seller
