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      You are in ::  Home > MGO/Bunker Oil > Read
  MGO/Bunker Oil Read  
Sell :: 165
Buy :: 48
News :: 10
Count : 150
D6 FOB DELIVERY BASIS ROTTERDAM 2018-12-25
 
Hello,

We are pleased to offer Residual Fuel Oil D6 from one of the Sellers that we work with under FOB Rotterdam delivery basis.

PLEASE NOTE THAT THIS OFFER IS ONLY FOR FOB DELIVERY BASIS
THERE ARE NO UPFRONT PAYMENTS


Commodity: D6

Quantity: 200,000,000 gallons first lift;
400 million to 800 million gallons per month X 12 months contract.

Delivery: FOB Rotterdam

Price: US$1.00 per gallon to Buyer / $0.95 per gallon to Seller

Commission: $0.05 per gallon shared 50:50 Buy side (Open) / Sell side (Closed).



PROCEDURES OF TRANSACTION

TRIAL PHASE:
1. Buyer issues, LOI, company profile and Bank Comfort Letter (BCL).
2. Seller issues FCO to Buyer.
3. Buyer accepts FCO and Seller issues commercial invoice.
4. Buyer signs commercial invoice and returns to Seller bank to bank.
5. Seller issues SGS from fresh Q and Q.
6. Buyer verifies SGS and POP and pays via MT 103.
7. Seller pays commission to all Intermediaries

CONTRACT PHASE:
8. Seller issues SPA for the 12 months contract to the Buyer. Buyer signs SPA and returns to the Seller bank to bank.
9. Buyer issues SBLC MT760.
10. Seller acknowledges receipt of SBLC MT760 and commences with monthly shipment of the product to Rotterdam.
11. Buyer carries out SGS inspection at his own cost in Rotterdam and pays via MT103.
12. Seller pays commission to all Intermediaries.

This offer is made on a first come first served basis. We are unable to hold the sale of the product for a particular Buyer so please if interested kindly respond with the LOI & CP to this mail
 
 Contact Information
Name   Mr. Global March 
Company   Member : Global March Fund Ltd 
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IP   23.17.113.178 

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