Looking for Buyers | Sellers | BLCO.org 

Looking for Buyers



Sellers Published date: October 18, 2017



We have BLCO with simple procedures delivered to China or Europe. Port of your choice. No up front cash. 10/6 discount. $1.50 open on the buyers side.

I. BUYER SIGNS AND SEALS THE CONTRACT AND RETURNS BACK TO SELLER ELECTRONICALLY. THE SIGNED CONTRACT COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE.

II. SELLER FURNISHES ATS, BILL OF LADING AND ALL SHIPPING DOCUMENTS TO BUYER FOR VERIFICATION.

III. UPON SUCCESSFUL VERIFICATION, BUYER SENDS STORAGE FACILITY/NOR FORMAT WITH ATB FORMAT, SUPERCARGO/INSPECTORS PASSPORT DETAILS.

IV. BUYER’S BANK SWIFTS CONFIRMED BANK POF (MT799) TO SELLER (SEE ATTACHED FORMAT).

V. NNPC/SELLER ISSUES MATB TO THE BUYER TO BOARD THE VESSEL FOR DIP TEST.

VI. AFTER SUCCESSFUL DIP TEST, BUYER MAKES PAYMENT BY MT103.

VII. SELLER ENSURES THAT THE CARGO IS DOCUMENTED, REGISTERED AND OBTAIN CERTIFICATE OF OWNERSHIP/TITLE OF WARRANTY.

VIII. VESSEL SAILS TO BUYER’S STORAGE LOCATION FOR DISCHARGE.

IX. BUYER CONDUCTS INSPECTION ON VESSEL UPON ARRIVAL AND GET CIQ REPORT.

X. WITHIN 72 HOURS AFTER DISCHARGE OF CRUDE OIL AT BUYER’S PORT OF DESTINATION./.STORAGE, THE BUYER PAYS FOR THE CRUDE OIL AS PER THE FINAL CIQ REPORT ISSUED BY INDEPENDENT INSPECTOR AT THE PORT OF DISCHARGE.

PAYMENTS ARE MADE BY MT103/SWIFT WIRE TRANSFER DIRECTLY TO THE SELLER’S AUTHORIZED BENEFICIARY NOMINATED BANK ACCOUNTS AND COMMISSION AGENTS AS STIPULATED IN THE IMFPA IN THIS CONTRACT WITHIN 72 HOURS AFTER PRODUCT DELIVERY TO BUYER’S NOMINATED
PORT OF DISCHARGE AGAINST PRESENTATION OF STATED SHIPPING DOCUMENTS, CIQ REPORTS, COMMERCIAL INVOICE ETC (NON-NEGOTIABLE COPIES) AT BUYER’S BANK.



  • Publisher: Oceanelle LLC
  • Company Name: Oceanelle Investments Corp.
  • Country: Canada

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