BLCO RWA OFFER TO MOVE VESSEL TO GHANA WATERS
BLCO RWA OFFER TO MOVE VESSEL TO GHANA WATERS
Price: 12/4$ 8 Net to buyer
$2 Seller side closed.
$2 buyer side open.
PROCEDURE:
1. SELLER SENDS SPA TO BUYER, BUYER RETURNS SIGNED SPA WITH NOR/ETA, ANNOUNCEMENT AND MATB FORMAT, SUPERCARGO AND INSPECTOR DETAILS AND SWIFTS $1M RWA FOR Logistics To SELLER'S BANK.
2. SELLER CONFIRMS DOCUMENTS AND RWA, IF SATISFIED, ISSUES NOR/ETA AND MOVE CARGO TO GHANA WATERS.
3. UPON ARRIVAL AT GHANA WATERS SELLER MAKES ANNOUNCEMENT ON BUYER'S NAME AS CONTAINED IN THE FORMAT. HARBOR MASTER VERIFIES ANNOUNCEMENT AND BUYER'S SHIPPING AGENT CLEARS IN THE VESSEL BETWEEN 1O TO 12 NAUTICAL MILES.
4. SELLER'S CAPTAIN INVITES THE BUYER'S INSPECTION TEAM ON BOARD HIS VESSEL FOR PRODUCT CONFIRMATION. INSPECTOR TAKES SAMPLE AND COMES DOWN FOR Q&Q WHILE SUPERCARGO REMAINS ON BOARD THE VESSEL AND TOGETHER WITH THE CAPTAIN RELEASES ATTESTATION.
5. UPON SATISFACTORY Q&Q RESULTS , BUYER PAYS $1M LOGISTICS TO SELLER AND RAISES MT103 FOR THE ENTIRE CARGO LESS MONEY PAID FOR LOGISTICS.
6. SELLER INTRODUCES BUYER TO VESSEL OWNER AND MANAGERS FOR RECHARTER AND TAKE OVER.MT103 TURNS TO CASH VIA SWIFT PAYMENT, ALL AGENTS AND FACILITATORS ARE PAID. SELLER CONFIRMS PAYMENT AND HANDS OVER ALL RELEVANT DOCUMENTS OF THE CARGO TO BUYER.
7. BUYER TAKES OVER THE VESSEL AND SAIL TO HIS PORT OF DISCHARGE.
8. END OF TRANSACTION.
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