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8, 000, 00 BARRELS OF BLCO .

  • Nigeria Nigeria  
  • Quantity Required: 8000000 Barrel
  • Annual Purchase Volume: 8000000 Barrel
  • Last Updated:
    Posted on: 30 Apr 2021

  • Time Left: 7M 15D
  • Buying Frequency: Monthly
  • Payment Terms: L/C
  • Shipping Terms: tto
  • Destination Port: europe

RFQ Details

PROCEDURE FOR TTO COTONOU WATERS
1. SELLER SENDS SIGNED SPA AND BUYER SIGNS THE (SPA)-SALES AND PURCHASE AGREEMENT THAT INCLUDES FULL BANKING CO-ORDINATES, AND BOTH PARTIES’ DEPOSITS SIGNED AND SEALED SPA AT THEIR RESPECTIVE BANKS.
2. BUYER THEN RETURNS SIGNED AND SEALED SPA WITH, ETA/NOR/MATB FORMAT, NNPC APPROVED SUPERCARGO/INSPECTOR’S DETAILS.
3. SELLER THEN INSTRUCTS CAPTAIN OF VESSEL TO ISSUE ETA/NOR AND SAIL TO COTONOU WATERS AND MAKE ANNOUNCEMENT FOR ARRIVAL . BASED ON MARINE-ETA/NOR TO COTONOU HABOUR AND SELLER CLEARS VESSEL INTO COTONOU ANCHORAGE WITH NAVAL CLEARANCE AND COORDINATES POSITIONS OF THE VESSEL UNDER THE SECURITY WATCH OF COTONOU NAVAL AND CAPATAIN ISSUE MATB TO BUYER’S SUPERCARGO AND INSPECTION TEAM ON THE SELLER’S PREGNANT VESSEL IN COTONOU WATERS AT *0-12NM OR ANY CONVINIENT POSITION AS DETERMINED BY COTONOU NAVAL OFFICIALS.
4. BUYER PAYS FOR LOGISTICS OF $1,000,000. SELLER ISSUE MATB TO INSPECTION TEAM TO BOARD AND COME DOWN WITH SAMPLE AND CAPTAIN ATTESTATION SUBMITTED TO BUYER\\\\\\\'S BANK. PART OF THE MONEY EARLIER RELEASED WILL SERVE AS LOGISTICS FOR DOCUMENTATION IN THE NAME OF FINAL BUYER.
5. UPON PRESENTATION OF ATTESTATION REPORT ISSUED FROM VESSEL’S CAPTAIN’S EMAIL DOMAIN AND ENDORSED BY BUYER’S SUPERCARGO IN COTONOU WATERS, INSPECTOR TEAM DISEMBARKS WITH SAMPLE FOR CONDUCTING OF Q&Q ANALYSIS, AND BUYERS SUPERCARGO STILL REMAINS ON BOARD SELLER’S LOADED VESSEL.
6. UPON SUCCESSFUL AND POSITIVE Q&Q ANALYSIS RESULTS RELEASED AND SENT OUT TO BOTH SELLER’S BANKERS AND BUYER’S BANKERS, BUYER WITHIN 72HOURS MAKES FULL PAYMENT FOR TOTAL CARGO BY MT103 SWIFT TO SELLER AND SIMULTANEOUSLY PAYS ALL COMMISSIONS TO ALL INTERMEDIARIES JUST AS REFLECTED IN THE SALES AND PURCHASE AGREEMENT. NB. only GENUINE MANDATE/SELLER SHOULD CONTACT ME AS THIS TRANSACTION IS NOT FOR JO