[Seller] Selling EN590 10 PPM FOB TTV Jurong/Rotterdam/Shanghai only

Ref: EN/JUR/OL/SM/00120
Date of Request: 21/07/2024
Request by: Seller Mandate

Product: EN 590 10 PPM
Quantity: 100,000-500,000 MT
Target Price: USD 530/- per MT
Destination Port: Jurong/Rotterdam/Shanghai
Origin: KAZAKHSTAN
Delivery Terms: TTV
Payment Term: As below
Remarks: CPA must be in Buyer's name. NO third party or JV CPA. CPA copy to be passed for Refinery's ok first before submitting ICPO

PROCEDURE

1. Buyer issues ICPO containing Seller's procedure with banking details, scanned copy of Buyer's passport along with Charter Party Agreement (CPA) from a verifiable shipping company, signed by the Buyer and his shipping company for Seller's verification and approval.

2. After successful verification/approval, Seller issues Commercial Invoice (CI) for the available product quantity in the Seller’s tank at the port for Buyer’s review/endorsement and returns to Seller for moving forward.

3. Seller sends to Buyer Tank To Vessel Injection Agreement (TTVIA) to be signed/endorsed by both Buyer/Buyer's approved shipping company by Seller and Seller/Seller storage tank company where the product is stored.

4. Upon receipt of the signed/endorsed TTVIA as approved, Seller issues to Buyer the following Partial Proof Of Product (PPOP) documents:
* Fresh SGS Report (48 hours old)
* Injection Report
* Export License
* Certificate Of Origin
* Tank Storage Receipt (TSR)
* Authorization To Verify (ATV)
* Commitment Letter To Supply
* Statement Of Product Allocation
* Authorization To Sell And Collect (ATSC)
* Unconditional Dip Test Authorization (UDTA)

5. Buyer verifies the availability of the product and conducts dip test on the product in the Seller's tank by SGS inspection team.

6. After successful dip test and satisfactory SGS report, Seller will issue to Buyer, the official Notice Of Readiness (NOR) to inject the product into the Buyer’s vessel.

7. Buyer pays for the total cost of product value by TT/MT103 transfer and makes available the vessel for injection process, issues vessel Q88 and injection commences as scheduled.

8. After successful completion of product injection into the Buyer’s vessel, Seller releases to Buyer the full Proof Of Product and export documents. Seller transfers the title ownership of the product to Buyer company name.


If you can match the above, please email to enquiry@rexxan-group.com.