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Virgin D6 Needed......USA ORIGIN

  • USA USA  
  • Last Updated:
    Posted on: 09 Oct 2024

  • Buying Frequency: Other
  • Payment Terms: Other

RFQ Details

PRODUCT SUMMARY

1. PRODUCT: D6
2. QUANTITY: 200,000,000 GALLONS FIRST LIFT THEN UP TO 800,000,000 GALLONS
PER WEEK FOR 52 WEEKS
3. PRICE: $1.20/$1.15
4. SOURCE/PORT: Houston
PROCESS SUMMARY
1. BUYER ISSUES ICPO AND CORPORATE PROFILE
2. SELLER ISSUES COMMERCIAL INVOICE
3. BUYER ISSUES BCL VIA MT 199
4. SELLER RECEIVE POF VERIFICATION RESULTS AND ISSUE DIP TEST AUTHORIZATION
LETTER (DTA), FRESH SGS, TANK RECEIPT AND TRANSACTION PASSPORT
5. BUYER CONDUCT DIP TEST ON THE PRODUCT AT PORT AND SELLER TRANSFER
PRODUCT T BUYER TANK OR SHIP. ALL OWNERSHIP DOCUMENTS BANK TO BANK
6. BUYER PAYS MT 103 AFTER VESSEL IS LOADED (AFTER DIP TEST) THEN PLACE LC
FOR CONTRACT
7. SELLER AND BUYER PAY COMMISSIONS TO ALL PARTIES PER IMFPA.

COMMODITY DETAILS
Commodity Name:
VIRGIN D 6 FUEL OIL
Commodity Specification:
STANDARD SPECIFICATIONS
Weekly/monthly Contract Quantity (FOB/CIF):
200,000,000 GALLONS INITIAL LIFT WITH UP TO 800,000,000 GALLONS PER WEEK
for a period of 52 WEEKS up to 5 Year Contract with Rollovers & Extensions
PRICE:$1.20/$1.15 PER GALLON

Commission:$.05 TO BE SPLT 50/50 BETWEEN THE BUY SIDE ($.025) open AND SELL
SIDE AGENTS ($.025) closed
Contract Duration :Up to 5 Year Option with ROLLOVERS AND EXTENSIONS FOB
Delivery PORT: HOUSTON TEXAS USA