Hello all,
I have a serios buyer with his procedure below.if you know you can meet with his requirement(s),you can call me on 07088221865 or send me a mail; lala_xlawdream@yahoo.com
Tnx

GENERAL PROCEDURES
1. Seller issues FCO & POP for
verification at NNPC Tower/COMD.
2. Seller and Buyer review SPA, sign,
seal and lodge the signed contract with their
respective banks.
3. Buyer Places MT799 (Blocked/Reserved)
& provides Seller with complete particulars
of the nominated lifting vessel, including: Valid
CPA, Q88, invoice for payment
of charter, Authority to Load. Buyer
instructs vessel Master to respond with an
Expected Time of Arrival (ETA) upon
receipt of Terminal NOR.
4. Seller programs loading and obtain
LAYCAN with Buyer’s vessel details.
5. 5. Buyer issues irrevocable, confirmed,
transferable Standby Letter of Credit by MT760
from a Top-World Bank via swift
to Seller’s Bank for the full value of cargo. This
verbiage must replace that in Bold & Green
below…
6. Buyer issues irrevocable, confirmed, non-
transferable DLC
from a Top-World Bank via swift to Seller’s Bank for
the full value of cargo
and logistics cost Seller,
through the Terminal, calls in Buyer’s nominated
vessel to Loading Bay position
of the FOB Cargo. Seller’s shall be responsible for
all costs related to marine
clearance and programming fee.
7. Vessel loading begins. Upon completion and
physical confirmation of
loading of the Cargo by the Buyer’s Vessel Master,
Vessel Master shall invite
buyer-nominated Inspectors, such as Saybolt or
SGS to conduct Q&Q. Upon issuance and
confirmation of the Q&Q
Report, Seller shall issue ALL relevant Shipping and
Loading documents in
Buyer’s name to Buyer.
8. Buyer’s bank upon confirmation and
verification of the loading documents shall, within
48 hours, release payment
by swift MT 103/TT cash wire transfer for the cargo
and the commissions payable
to all agents and intermediaries.
9. Seller, at its own cost, shall clear
Buyer’s vessel to international waters and Buyer
takes over the vessel and the
vessel will then proceed to the Discharge Port.
10. Next shipment commences upon issuance
of a LAYCAN