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    TTT EN590 FOB Rotterdam

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    cooljenny26

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    © All Rights Reserved
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    TTT EN590 FOB Rotterdam

    Uploaded by

    cooljenny26
    2 views2 pages

    Original Title

    20240222 TTT EN590 FOB Rotterdam

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2 views2 pages

    TTT EN590 FOB Rotterdam

    Uploaded by

    cooljenny26

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    EN590 10PPM, FOB Rotterdam

    Quantity: Min 200,000 MT and 900,000 MT X 12 MONTH (TBD)


    FOB PRICE USD 610/MT Net
    Origin: Kazakhstan/USA/Turkmenistan/Non-Russian
    Inspection: SGS at loading port on buyer expense

    FOB ROTTERDAM TANK TO TANK PROCEDURE - TSA

    1. Seller oXicially issues Soft Corporate OXer and Buyer sends ICPO, Company
    Registration Certificate, and Tank Storage Agreement (TSA).
    2. Seller verifies and issues Commercial Invoice (CI) for available quantity in the
    storage tank to the buyer upon receiving signed Commercial Invoice.
    3. The seller issues the below POP documents to allow the buyer dip test in the
    seller’s tank.
    a) Unconditional Dip Test Authorization (DTA)
    b) Authorization to Sell & Collect (ATSC)
    c) Valid Tank Storage Receipt (TSR)
    d) Commitment Letter to Supply
    e) Statement of Product Availability
    f) Letter of Guarantee
    g) Authorization to Verify

    4. Upon successful verification of the above documents, the buyer contacts the
    seller’s tank storage company to request for SGS application form the buyer fills
    out and reverts to the storage company to submit to the SGS oXice in the
    Spijkenisse Rotterdam.
    5. Upon the receipt of the SGS form submitted by the storage company, SGS
    contacts the buyer directly to confirm the received form. Upon successful
    verification of the availability of the product by SGS. SGS issues an Invoice
    directly to the buyer to make payment to the SGS account in the Netherlands.
    Upon confirmation of payments SGS proceeds by collecting the sample of the
    product in the seller’s ex-shore tanks and provide (SGS Analysis report not less
    than 48 hours)
    6. The seller provides to the buyer the following documents:
    a. Bill of lading
    b. Certificate of Origin
    c. Certificate of Ownership
    d. Q88
    e. Title of Holder Certificate
    f. Loading port Injection Report (Issued by Transnet)
    g. Product Passport

    7. The buyer makes remaining 100% payment by MT103 TT wire transfer for the total
    cost of the product. Seller pays commission to all seller intermediaries involved
    in the transaction and buyer pays commission to all buyer intermediaries
    involved in the transaction within 48 hours after confirmation of the buyer’s
    payment.
    8. The subsequent delivery shall commerce according to the terms and conditions
    of the sales and purchase agreement, and mandates/ intermediaries receive
    their commissions according to monthly deliveries.

    **End of procedure**

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