ULSD 10PPM from ITALY
Loading Port: Caligari, Italy or Other as agreed
LOI with Bank details only will be accepted.
- PRODUCT: ULSD-10 ppm
- SPECIFICATION: As per certificate.
- ORIGIN: As per seller
- QUALITY: To be supplied by Seller
- QUANTITY: Up to 50 000 M/T a month, x 12
- TERM: 1 year
- DELIVERY: CIF/FOB
- PRICE: As per Platt’s marked wire for 3 dates around Bill of Lading date.
- PAYMENT: By an Irrevocable, Confirmed DL/C issued by a First Class bank, for each shipment value.
- SPECIAL CONDITIONS: First shipment to be loaded on to the vessel not later than 15 days from the date from receipt, by Buyers bank, of DLC issued by Seller’s bank.
- DISCOUNT: none
- INSPECTION: SGS or Similar independent company at the loading Port. The Cost of that is to account of the parties to the contract, 50/50.
- PERFORMANCE BOND: 2% to be issued from the Seller’s Bank in favour of the buyer based on the of shipment value
valid for the life of the contract according to the procedure below.
- VALIDITY of LOI: 10 (Ten) days
1-Buyer sends LOI signed and sealed.
2-Seller sends FCO.
3- Buyer sends ICPO with full banking coordinates.
4- Seller sends Draft Contract.
5- Contract is signed & sealed by Buyer and Seller.
6- Seller issues Non operative 2% PB after receiving a commitment from Buyers bank.
7- Buyer opens an operative RDLC that automatically activates Sellers PB.
8- Delivery starts.
Send your Enquiry to my email, I will provide Seller details for Issuing LOI