BLCO Loaded Vessel Available Today Must Move Fast , Last Cargo Sold Yesterday
BLCO Loaded Vessel Available Now 1mbbls , Buyers bank is ready to issue MT799 blocked funds after receipt of vessel captain attestation. No exceptions, no SBLC, LC, pricing negotiated with buyer and seller only. no brokers. Please note all docs are available for loaded vessels, bill of lading, cargo manifest,certificate of authenticity, certificate of quantity, certificate of origin, ulllage reports,master receipt for sample, masters receipt for document, and SPA,
TRANSACTION PROCEDURE:
1. Seller issues contract (SPA)
2. Buyer and Seller sign and seal contract (SPA) including banking coordinates and buyer shall return the said contract within 48hrs. The electronic signed copy by both parties is considered legally binding and enforceable and must not be changed. The executed SPA is lodged in their respective banks. Buyer returns SPA with ATB/NOR format as the case may be.
3. Within 48hrs of signing of the SPA by Buyer and Seller, seller issues POP. Buyer's bank issues via SWIFT an Irrevocable, Unconditional, Confirmable, Standby Letter of Credit (MT760/SBLC) to be followed by seller’s 2% performance bond from a first class Western European, Asia or American bank to the Seller’s bank.
4. Within 48hrs after cross verification of buyers SBLC and seller’s 2% PB, Seller loads vessel in buyers name and issues all cargo documents in buyer’s name. OR Buyer issues MT799 blocked fund for minimum of 90 days ( seller gives no PB in case of MT799).
5. Seller will instruct vessel’s captain to issue NOR/ETA to the Buyer’s POD. The Harbor Master shall acknowledge the receipt of the NOR/ETA from Captain of the seller’s vessel. The harbor Master shall send a confirmed POD to the vessel Captain, vessel sails to POD.
6. The Seller shall establish full communication and control between the Buyer and the Captain of the vessel.
7. Upon arrival at POD, buyer’s Inspectors shall carry out a Q&Q/SGS inspection of cargo and issue the report to the Seller, Buyer, Captain, Seller’s Bank and Buyer’s Bank.
8. The Seller shall collect all stipulated cargo / marine documents, Invoice and forward same to Buyer /Buyer’s Bank for payment. Buyer’s Bank shall within two (2) banking days after receipt of all the transaction documents as enumerated in the SPA, make SWIFT MT 103 cash payments for cargo and commissions.
9. Seller will make title transfer of cargo to buyer.
10. Same process is repeated for the next cargo.
NNPC TECHNICAL:
SPETTOIC GRAVITY: 0.8398
API AT 60 DEG. F: Min 35.0 – Max 37.00 +/- 5% (ASTM D-1298)
WATER CONTENT BY DISTILLATION: 0.2% (ASTM D-4006)
POUR POINT DEGREES F: BELOW 40 (ASTM D-97)
SULFUR WEIGHT %: 0.14 (ASTM D-139)
SALT CONTENT PARTS PER BILLION: 3.0 (ASTM D-526)
REID VAPOR PRESSURE (P.S.I.G.): 6.52 (ASTM D-529)
KINEMATIC VISCOSITY @ 30 DEG. C: 2.2 (ASTM D-523)
DISTILLATION INITIAL BOILING POINT (IBP): 35 DEG. C (ASTM D-86)
DISTILL TO 75 DEG. C VOL.%: 7.0
DISTILL TO 175 DEG. C VOL.%: 35.5
DISTILL TO 250 DEG. C VOL.%: 51.5
DISTILL TO 300 DEG. C VOL%: 60.5
COLOUR Dark Brown
-
- Publisher: Luxe International
- Company Name: LUXE INC
- Country: USA
Important information
- Avoid scams and never pay with Western Union, Moneygram or any other payment services
- We are not responsible for any decisions you make to contact any company. We are not associated with any company listed here.
Contact this Company
You need to login/register to contact this company