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      You are in ::  Home > AGO/Gasoline > Read
  AGO/Gasoline Oil Read  
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Count : 273
AGO AND JET FUEL(JET A-1): AVAILABLE TO BUYERS WITH VESSELS 2019-03-10
 
TRANSACTION PROCEDURE FOB - AGO AND JET FUEL (JET A-1)
1. Buyer issues CP, copy Passport CEO and Irrevocable Corporate Purchase Order (ICPO) To: Seller, with seller procedures along Vessel ***, CPA ( Charter Party Agreement ) or Certificate of Property of Vessel , Authorization for charge and transport of AGO.
2. Seller verifies and approves Buyers Vessel ***, CPA ( Charter Party Agreement ) or Certificate of Property of Vessel, Authorization for charge and transport of AGO. Seller issues Commercial Invoice. Buyer sign and return, and Seller signs the NCNDA/IMFPA with Buyer signed (Notarized) and all intermediaries.
3. Seller provides following PPOP documents to Buyer.
a. Authorization/Authority to Sell (ATS&C)
b. Commitment to Supply
c. Legalized and Notarized Commercial Invoice d.- Statement of Product Availability
4. Buyer provides Authority to Seller from their storage facility (Vessel) confirming buyers vessel tanks readyness to receive after Dip Test.
5. Upon receipt of buyers (A.T.I.), Seller issue to buyer PPOP listed below:
a. GPS Coordinate-Tank Storage Receipt (TSR)
b. Injection Report
c. Dip test authorization letter (DTA)
d. SGS Report.
e. Copy of the Certificate of Origin
f. Copy of Export License
g. Allocation Certificate
6. Upon successful Dip Test in seller's tanks, product will immediately be injected into Buyer's Vessel tanks. Buyer makes Payment for the product and Seller transfers Title Ownership to Buyer.
7. Seller issues the following document to all intermediaries involve in the Transaction and to buyer :*****. Buyer / Seller pay all intermediaries respectively .
8. The Subsequent delivery shall commence according to the terms / conditions of the Contract
Please note that after issuing ICPO, second step will be NOTARIZATION of CEO's signature on NCNDA/IMFPA.
Only after this, procedure will start with C.I. as from point 2 of same. Without NOTARIZED NCNDA/IMFPA deal will not proceed.

 
 Contact Information
Name   Mr. Chime Umesi 
Company   Member : Cresgnock International LLC 
Email   Log In to See Email 
   Inquire Now 
Tel   +16783922929 
Fax   +14697788028 
Mobile   +2348129555772 
Web   www.cresgnock.com 
IP   47.184.176.90 

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