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      You are in ::  Home > Fuel Oil > Read
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ULSD 10PPM from ITALY on FOB/CIF basis 2017-01-08
 
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
- INCOTERMS: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

PROCEDURE

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


Rakesh
rocky733@gmail.com
 
 Contact Information
Name   Mr. Rakesh Mukkamala 
Company   Member : Marketing Consultant 
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Tel   +919985152428 
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