Dear PRINCE KOUOH RAPHAEL,
Whether has an opportunity your seller BLCO, to
work on procedure of the buyer. (Below)
Please
send us your contact details (email-address).
We
in a position: Buyer Facilitator.
With best
regards,
Valery
E-mail:
E-mail:vales62@mail.ru
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For those who feel they
have docs, then after SPA, they issue ATB in favor of buyer, buyer goes
on board and conducts Q AND Q after which he releases receiving tanker
details and opens DLC.
PURCHASE PROCEDURE BLCO TTT:
1. The Buyer and
the Seller sign the contract, with banking coordinate of both parties
2. Buyer and Seller agrees to who carries the
Terminal charges on ATB, Clearance Fee, Security Fee.(Note that ATB,
Clearance & Sec Fees are deductible from the Cargo payment by the
Paymaster of the Transaction)
Any cargo that is
for sale , MUST be free and clea for sale , by that we mean that seller
MUST have taken care of all logistics before offering any cargo for
sale. We dont do payments for ATB as this is fraudulent.
3. After this agreement,..ATB is issued on Buyer
s Company s Name and addressed to Buyer s appointed INSPECTORS.
4. Buyer s appointed Inspectors are given
Clearance to board Vessel and Conduct Q depending on who agrees to pay
Clearance Fee as stated in 2 above.
5. After Q report is submitted by Buyer s
appointed Inspectors, Security Fee is released to enable Seller issue
Cargo Documents verifiable through NNPC Group offices in Nigeria.
6. Buyer makes arrangements with the Vessel
Managers and places charter on loaded vessel.
Buyer places a Confirmable, Transferrable and Divisible BG in favour of
Seller to cover the cost of Cargo, Brokerag
Procedures: (Non-negotiable) For TTT, sellers that dont have any form of
docs
1. The Buyer and
the Seller sign the contract.
2. The Seller by
wire transfer cash guarantee usd 100,000 to Buyers designated account
for access demurrage charges as to the mother vessel and to insure the
sellers feeder vessel arrives for ttt.
3. The
Seller provides the Buyer with the call sign, captain s name and other
relevant coordinates of his feeder tanker as well as SGS certification
for the cargo verified by buyer. .
4. THE BUYER
INSTRUCTS HIS BANK TO OPEN THE DOCUMENTARY LETTER OF CREDIT IN FAVOR OF
SELLER THIS DLC WILL CONTAIN FEEDER VESSEL NAME, CALL SIGN AND CAPTAINS
NAME.
5. Within 12/48 hours, Buyer responds with
his mother vessel establishing direct communication link with the Seller
s feeder vessel and is guided through to a safe and secured discharge
point.
6. The Buyer s mother vessel is at the
discharge point and meets the feeder tankers.
7.
The tanker-to-tanker transfer would take place.
8. An independent SGS inspector appointed by the Buyer monitors the
transfer of cargo, ascertains the quality and quantity and reports back
the same to the Buyer and the Seller.
9. Crude
oil as per Q report and other documents as per the documentary letter of
credit will be paid at the counters of the buyers bank in full within 72
hours of the transfer of the cargo into the Buyer s vessel.
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For CIF, Seller must
show POP in his name, CPA in his name for buyer to open DLC in his
favor. POPs MUST not be bulk allocation references numbers which are not
acceptable POP.
After SPA and these docs are
verified, DLC is open in favor of seller.
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