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Fuel Oil Mazut M100 Gost 10585_75

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A&I Trading and Consulting Sdn. Bhd.
[Malaysia]

Address
10-B, Jl. Kota Raja E27/E, Hicom Town Center,  Shah Alam Selangor
Phone
60-3-62013385
Contact name
Daniel Won-taek Kim

Quick Information

  • Place of Origin: Russia

Description

Detailed Product Description


HEAVY FUEL OIL MAZUT M 100

Our company works with Russian allocation holder.

 

  - Buyer will not bear any cost before signing contract.

  - After sign the Contract, Seller will provide full POP to buyer.

  - Seller will invite buyer to Russia refinery for viewing allocation / loading Buyer's option.

  - Both parties are bound once contract signed. Any attempt to breach is subject to legal consequences.

 

 

If you are a buyer or serious middleman with real/capable buyer, please send us the inquiry/LOI with your detail requirements (i.e. quantity, port of loading/depot, terms & conditions, etc.).

 

We will serve you for making deal together.

 

PROCEDURE

 

1. Buyer issues ICPO in company letterhead with full bankinginformation(BCL/MT799).

  - Buyer must not be sanitized and should be supported by a copy of signature page of Passport of ICPO Signatory

  - Buyer must confirm Seller's procedure in ICPO.

  - No exception is Seller's procedures will be accepted.

 

2. Seller issues FCO and a Draft Contract open for necessary amendments after evaluation of ICPO and documents.

 

3. Buyer and Seller endorses the final Draft Contract with mutual understanding to proceed.

   - Both parties are bound once the final Draft Contract is signed.

   - Any attempt to breach, neglect or refuse to comply with the agreed procedures is subject to legal consequences.

 

4. Seller provides to the buyer a Notarised and registered Affidavit of Transfer of Ownership Title to be endorsed by the buyer and Buyer's Bank.

 

5. Buyer secures the negotiated Allocation with the Seller.

 

6. Seller registers the contract and bears full financial responsibility of registereing and legalizing the contract with Ministeries involved and also pays for the Passport of Transaction including the logistic charges for storage/transporting the product from refinery to the Loading port.

 

7. Seller sends to the buyer via currier thehard copies of the registered Contract, transfers title to buyer's name and sends via swift Bank to Bank the full sets of Proof of Product (POP).

 

8. Buyer's Bank issues via Swift to Seller's Bank an IRREVOCABLE, DIVISIBLE, REVOLVING, TRANSFERABLE DOCUMENTARY LETTER OF CREDIT to Seller.

  - Seller will issue 1.5% Perfomance Bond to the Buyer.

 

9. Seller invite buyer to Russia within 14 days after Contract signed for a Top Table Meeting (TTM) and view allocation / loading Buyer's option.

 

10. Delivery commences as per contract and the shipment should arrive at Buyer's discharge port within 25-30 days after the receipt and confirmation of the LC.

 

11. The SGS inspection Charges will be born by the seller at loading seaport and buyer for the unloading seaport.

 

12. Seller is to remunerate Both Mandates and all the intermediaries for their Consultant Services via TT Wire Transfer for each lift as per ececuted signed NCNDA & IMFPA within 24 hours after the products discharge the sea port.


Packaging & Delivery

  • Minimum Order : 100,000 metric ton per month

Product Image

  • Fuel Oil Mazut  M100 Gost 10585_75 image

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