we are urgent look seller with vessel in sea | Buyers | BLCO.org 

we are urgent look seller with vessel in sea



Buyers Published date: October 7, 2018



Really the website has no adequate seller for this procedure, which has no risk for the seller?

For sea freight buyer needs to have contact details of seller's shipping agent who does or did the customs clearance for the cargo, and buyer needs to verify with the shipping agent and the customs before buyer can do any further. I know this is a very unreasonable request from buyer, but BLCO is considered a fraud and crime no longer any real business. Unless you can find a real seller who can meet buyer's request, please don't need to waste your time.


Nominations, Shipment & Procedures for vessel in sea

1. Buyer and Seller sign SPA and lodge the SPA at their respective banks.
The electronic transmitted copy signed by both parties shall be considered legally binding and enforceable until hard copy originals are executed and exchanged.


2. Seller gives a loaded vessel details on the way to China to the Buyer with the ATS and BOL to confirm before issuing payment instrument.

3. Seller instructs Captain to send NOR / ETA ( not from NNPC) to the Buyer according to the Buyer’s Format. Seller will instruct the Captain on board the loaded vessel to open communication with the Buyer, the harbor master and the shipping agent of buyer in POD, name and contacts seller agent in POD.


4. Buyer’s bank issues MT799 fund block for the entire cargo in favor of the Seller after successful verification of the Marine Clearance which is issued by the China Harbor Authority.

The Sellers shipping agent handling the Marine Clearance will be instructed and validated that the Buyer will be the consignee after the Seller’s bank receive and verify the MT799.

5. Seller delivers documents clearance after confirming instrument MT799.

6. Seller instructs vessel captain to issue MATB and buyer arranges CIQ to initiate the Q&Q.

7. Buyer makes full payment for the entire cargo to Seller’s nominated bank account and simultaneously pays commissions to facilitators via MT103/TT after the successful Q&Q test report is done.

8. Title documents transfer to Buyer in Buyer’s name.

9. Contract commences.



  • Publisher: Alex
  • Company Name: ABC
  • Country: China

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