Message : 430009022521

Reference/Ver : 0002024041000198-00
Message Type : MT700 Issue of a Documentary Credit
Priority : Normal 04
Status Of Msg : Delivered To/By Intra-Group (IFM) at 16:35 10/04/2024
Header : 16:35 10/04/2024 BBRUCHGTXXX 022521
00:00 INGBSGSGXXX
DESTINATION : ING BANK NV
HEX-12-01 GUOCO TOWER
1 WALLICH STREET
SINGAPORE 078881 SINGAPORE
27 : Sequence Of Total
1
2
40A : Form Of Documentary Credit
IRREVOCABLE(The documentary credit is irrevocable)
20 : Documentary Credit Number
DOC-711892-T4
31C : Date Of Issue
10/04/2024
40E : Applicable Rules
UCPURR LATEST VERSION(The documentary credit is subject to the
version of the ICC Uniform Customs and Practice for Documentary
Credits and the version of the Uniform Rules for Bank-to-Bank
Reimbursements under documentary credits, International Chamber of
Commerce, Paris, France, which are in effect on the date of issue.)
31D : Date And Place Of Expiry
24/05/2024
INDONESIA
50 : Applicant
STEEL MONT TRADING DWC-LLC
OFFICE 467, BUILDING E, BUS. PARK
DUBAI WORLD CENTRAL, PO BOX 103865D
UAE
59 : Beneficiary
PT GUNUNG KAWI FERTILIZER
DHARMAHUSADA MAS VIII AC-31,
KOTA SURABAYA JAWA TIMUR,
60115, INDONESIA
32B : Currency code, amount
USD 2.675.000,
39A : Percentage + / - Credit Amount Tolerance
10
10
41A : Available With By
BRIN-ID-JA
* PT BANK RAKYAT INDONESIA PERSERO TB
* GEDUNG BRI 1
* JL JEND.SUDIRMAN KAV 44-46
* JAKARTA 10210 INDONESIA
BY NEGOTIATION(The Credit Is Available By Negotiation)
42C : Drafts At
AT SIGHT
42A : Drawee
BBRU-CH-GT
* ING BANK NV AMSTERDAM
* LANCY/GENEVA BRANCH
* AVENUE DES MORGINES 10
* CH 1213 PETIT-LANCY GENEVE
43P : Partial Shipments
 NOT ALLOWED(Not Allowed)
43T : Transhipment
NOT ALLOWED(Not Allowed)
44E : Port of Loading/Airport of Departure
TABONEO, SOUTH KALIMANTAN
44F : Port of Discharge/Airport of Destination
ANY PORT IN WEST COAST OF INDIA
44C : Latest Date Of Shipment
10/05/2024
45A : Description Of Goods And/or Services
COAL IN BULK, INDEONESIAN ORIGIN
QUANTITY: 50,000WMT (+/-10PCT)
PACKING: IN BULK
UNIT PRICE: USD 53.5/ MT
INCOTERMS: FOB TABONEO, SOUTH KALIMANTAN AS PER INCOTERMS 2020
PRODUCT SPECIFICATIONS
INDONESIAN COAL SPECIFICATION
.
DESCRIPTION VALUE BASIS GUARANTEED REJECTION
NET CALORIFIC KCAL/KG AS RECEIVED 4000 < 3800
TOTAL MOISTURE % AS RECEIVED 37 N/A
INHERENT MOISTURE % AS DRIED BASIS 15 N/A
VOLATILE MATTER % AS DRIED BASIS > 30 N/A
ASH % AS DRIED BASIS <8 > 10
SULPHUR % AS DRIED BASIS 0.5 > 1
FIXED CARBON % AS DRIED BASIS BY DIFFERENCE
SIZE OF PARTICLES
0-50MM /0-70 MM (AIMING) % 90 MINIMUM
HARDGROVE GRINDABILITY INDEX (HGI)
GUARANTEED > 45 REJECTION: N/A
46A : Documents Required
1. SELLER'S INVOICE IN 3 (THREE) ORIGINALS, INDICATING THE VALUE
OF GOODS SHIPPED, THE CONTRACT NUMBER, L/C NUMBER, B/L NUMBER,
AND THE NAME OF CARRYING VESSEL.
.
2. FULL SET 3 (THREE) ORIGINALS AND 3 (THREE) NON-NEGOTIABLE
COPIES OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT TO ORDER
AND BLANK ENDORSED, MARKED 'FREIGHT PAYABLE AS PER CHARTER
PARTY' AND NOTIFYING 'TO ORDER'.
.
3. CERTIFICATE OF ORIGIN IN 1 (ONE) ORIGINAL AND 3 (THREE)
COPIES ISSUED BY SGS INDONESIA AT LOADING PORT.
.
4. CERTIFICATE OF SAMPLING AND ANALYSIS ISSUED BY SGS INDONESIA
AT LOADING PORT IN 1 (ONE) ORIGINAL AND 3 (THREE) COPIES.
.
5. CERTIFICATE OF WEIGHT ISSUED BY SGS INDONESIA AND AT LOADING
PORT IN 1 (ONE) ORIGINAL AND 3 (THREE) COPIES.
.
6. CERTIFICATE OF DRAFT SURVEY ISSUED BY SGS INDONESIA AND AT
LOADING PORT IN 1 (ONE) ORIGINAL AND 3 (THREE) COPIES.
.
7. BENEFICIARY'S CERTIFICATE THAT COPIES OF ALL SHIPPING
DOCUMENTS SHALL BE SENT TO THE BUYER WITHIN 3-5 (THREE TO FIVE)
WORKING DAYS AFTER THE BILL OF LADING DATE BY E-MAIL TO EMAIL
ID: RAJENDER@STEELMONT.AE.
.
8. CERTIFICATE OF HOLD CLEANLINES BY SGS INDONESIA IN 1 (ONE)
ORIGINAL AND 3 (THREE) COPIES
49 : Confirmation Instructions
 MAY ADD(The Requested Confirmation Party May Add Its Confirmation
To The Credit)
58A : Requested Confirmation Party
BRIN-ID-JA
* PT BANK RAKYAT INDONESIA PERSERO TB
* GEDUNG BRI 1
* JL JEND.SUDIRMAN KAV 44-46
* JAKARTA 10210 INDONESIA
78 : Instructions To The Paying/accepting/negotiating Bank
UPON RECEIPT AT OUR COUNTERS IN GENEVA OF A COMPLYING
PRESENTATION, WE UNDERTAKE TO HONOUR BY PAYING THE NEGOTIATING
BANK AS INSTRUCTED VALUE 5 NEW YORK AND GENEVA BANKDING DAYS
.
DOCUMENTS TO BE SENT IN ONE LOT BY SPECIAL COURIER TO
ING BANK NV, AMSTERDAM, LANCY/GENEVA BRANCH
10 AVENUE DES MORGINES 1213 PETIT-LANCY GENEVA SWITZERLAND
ATTN. DOC CREDIT DEPT. DOC-711892-T4
.
NEGOTIATING BANK MUST CERTIFY HAVING ENDORSED ORIGINAL CREDIT
INSTRUMENT FOR THE DOC.AMOUNT NEGOTIATED
57A : Advise Through Bank
BRIN-ID-JA
* PT BANK RAKYAT INDONESIA PERSERO TB
* GEDUNG BRI 1
* JL JEND.SUDIRMAN KAV 44-46
* JAKARTA 10210 INDONESIA
Message : 430009022522
Reference/Ver : 0002024041000199-00
Message Type : MT701 Issue of a Documentary Credit
Priority : Normal 04
Status Of Msg : Delivered To/By Intra-Group (IFM) at 17:09 10/04/2024
Header : 17:09 10/04/2024 BBRUCHGTXXX 022522
00:00 INGBSGSGXXX
DESTINATION : ING BANK NV
HEX-12-01 GUOCO TOWER
1 WALLICH STREET
SINGAPORE 078881 SINGAPORE
27 : Sequence Of Total
2
2
20 : Documentary Credit Number
DOC-711892-T4
47A : Additional Conditions
1. 10 PCT MORE OR LESS IN QUANTITY AND AMOUNT ARE ALLOWED.
.
2. THIRD PARTY DOCUMENTS ARE ACCEPTABLE EXCEPT INVOICE AND
DRAFT.
.
3. LC ISSUING BANK CHARGES ON APPLICANT'S ACCOUNT,
BENEFICIARY'S
BANK CHARGES ON BENEFICIARY'S ACCOUNT INCLUDING LC CONFIRMATION
CHARGES, REIMBURSEING CHARGES AND DISCREPANCY FEES.
.
4. ALL THE DOCUMENTS MUST BE ISSUED IN ENGLISH, DATED AND
SIGNED.
5. UNLESS OTHERWISE SPECIFIED, ALL DOCUMENTS EXCEPT
DRAFTS (IF
ANY), INVOICE AND BENEFICIARY'S CERTIFICATE MUST NOT SHOW ANY
L/C NO. AND L/C DATE, CONTRACT NO. AND CONTRACT DATE, PO NO.
AND PO
DATE, ORDER NO. AND ORDER DATE, INVOICE NO. AND INVOICE DATE,
PROFORMA INVOICE NO. AND DATE, INCOTERMS, TRADE TERM, UNIT
PRICE, PRICE TERM, INVOICE VALUE/AMOUNT, PAYMENT TERMS OF
GOODS, PAYMENT TERMS OF THIS CREDIT, PERCENTAGE OF DRAWING,
TENOR IF LC,
SHIPMENT VALUE AND VALUE OF GOODS, NAME OF RECEIVER/CONSIGNEE,
NAME AND ADDRESS OF LC APPLICANT, ANY WORDS OF 'APPLICANT'/'LC
APPLICANT' , 'BENEFICIARY'/'LC BENEFICIARY', 'BUYER' AND
SELLER', NAME OF L/C ISSUING BANK, NAME, STAMP AND ADDRESS OF
ANY BANK,
ANY BANK REFERENCE AND /OR STAMPS NOR ANY REFERENCE RELATED TO
THIS CREDIT, ANY REMARKS OF ANY BANK AND MUST NOT IDENTIFY ANY
PARTY AS 'BUYER', 'SELLER', 'APPLICANT' AND 'BENEFICIARY'.
.
6. TT REIMBURSEMENT IS NOT ALLOWED.
.
7. ALL DOCUMENTS FOR PAYMENT MUST BE PRESENTED TO NEGOTIATING
BANK WITHIN 14 DAYS FROM THE SHIPMENT DATE BUT WITHIN THE
VALIDITY OF THIS CREDIT.
.
8. PRICE AND WEIGHT ADJUSTMENT CLAUSE:
.
A. ASH CONTENT (AS DELIVERED BASIS) IS GUARANTEED AT <8
PCT/REJECTION GREATER THAN 10 PCT
IF THE ACTUAL ASH CONTENT IS ABOVE 8 PCT, FOR EVERY 1 PCT
INCREASE IS A REDUCTION OF USD 0.20.
IF THE ASH CONTENT IS MORE THAN 10 PCT, BOTH PARTIES AGREE TO
RE-NEGOTIATE THE SETTLEMENT PRICE.
.
B. VOLATILE MATTER (AS DELIVERED BASIS) IS GUARANTEED AT >30
PCT / NO REJECTION
.
C. SULPHUR (AS DELIVERED BASIS) IS GUARANTEED AT 0.8 PCT /
REJECTION GREATER THAN 1 PCT
IF THE TOTAL SULFUR CONTENT SUPPLIED IS ABOVE 0.8 PCT AS STATED
IN THE SURVEYOR'S CERTIFICATE, THEN THERE WILL BE A PENALTY OF
USD
0.20 PER MT FOR EVERY INCREASE IN 0.1 PCT OF SULPHUR.
IF THE TOTAL SULFUR CONTENT IS ABOVE 1 PCT, THE BUYER HAS THE
RIGHT TO REJECT THE CONTRACT PRODUCT.
.
D. GROSS CALORIFIC VALUE (AS RECEIVED BASIS) IS GUARANTEED AT
4,000/KCAL/KG REJECTION LOWER THAN 3,800 KCAL/KG.
IF THE ACTUAL GROSS CALORIFIC VALUE GAR (ARB) BE ABOVE 4000
KCAL/KG, THEN FOR EVERY 100KCAL/KG INCREASES, ADDITIONAL
USD0.20/MT IS ADDED. ANY VALUE ABOVE 200KCAL/KG SHALL NOT HAVE
ANY FURTHER PREMIUM. PRORATA ADJUSTMENT FOR ANY VARIATION BELOW
4000KCAL/KG.
IF THE ACTUAL GROSS CALORIFIC VALUE GAR (ARB) BE BELOW 4000
KCAL/KG BUT MORE THAN OR EQUAL TO 3800 KCAL/KG, THEN FOR EVERY
100KCAL/KG REDUCTION, USD IS DEDUCTED ON PRO-RATA. PRORATA
ADJUSTMENT FOR ANY VARIATION BELOW 4000KCAL/KG.
.
E. HARD GROVE INDEX (HGI) - IS GUARANTEED AT 45-50 PCT /
REJECTION NA
.
F. SIZE 0-70 MM (AIMING): IS GUARANTEED AT 90 PCT MINIMUM / NO
REJECTION.