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      You are in ::  Home > Crude > Read
Crude Oil Read
Sell :: 527
Buy :: 154
News :: 17
Count : 82
BLCO to China, CIF & Free Boarding. 2018-06-14
 


BLCO to China, CIF & Free Boarding. Ref: Hrn Dtl // THE SELLER: FAVOURED PRINCEWILL INTERNATIONAL


Discount is $10/6
Commission: – Paid by seller to both side.
SELLER SIDE $2 - Closed
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
BUYERS SIDE $2.00 ( OPEN ) – THERE, $0,80 – Closed,
and
$1,20 – Free,
Please note, that Procedure, Price/Discount and Commissions are Non-Negotiable
PROCEDURE: CIF

1. Seller and buyer sign and seal the SPA. Both parties deposit copies of SPA in their respective banks.

2. Buyers bank issues RWA/POF via MT199 according to Standard Chinese Banking format.

3. Within 7 to 10 days of buyer issuing swift MT199, seller nominates and loads a vessel in buyers name and sends full POP documents through seller’s bank to buyer’s bank.

4. Vessel sets sail to buyer’s destination. Buyer provides to a seller full details of ATB format with inspectors and super cargoes at the arrival of vessel.

5. Buyers clearing agent provides inward clearing into China waters. Sellers Master/Captain of the vessel issues MATB for buyers agents and CIQ is conducted.

6. Within 5 banking days of confirmation of CIQ, Buyers bank makes payments for full cargo and to all Agents and Facilitators as shown on SPA with MT103/TT.

7. Cargo is discharged into Buyers tank. Buyer issues 12 months Revolving MT760 SBLC to cover the remaining 12 months’ supply.

8. Next cargo



 
 Contact Information
Name   Mr. Mohammed GASMALLAH 
Company   Member : Gasmexport llc 
Email   Log In to See Email 
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Tel   +213-38-538387 
Fax   +213-38-867541 
Mobile   +213 662535279 
Web   gasmexport.bloombiz.com 
IP   105.104.6.192 

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