Ref: Maxwell /  AA

Product Name:                    DIESEL FUEL EN590 <10 PPM.
Product Origin:                   No Sanctioned Source: Kazakhstan Azerbaijan, Georgia, Poland or Qatar

Product Specifications:       Standard Specs Diesel EN590 < 10 PPM

Reference Code:                 FCO: A&A-ECO/EB/EN590-100KMT/FOB-HOUSTON/06162025

Quantify First Lift:             100,000 Metric Tons+/- 5%

Contract:                             200-800,000 Metric Tons +/- 5% per Month for One Year (12 Months) with Rollover and Extensions

Delivery:                             FOB: HOUSTON, ROTTERDAM.

Contract Duration:              One Year (12 Months) with Rollover and Extensions.

Price:                                   PRICE MINUS USD $60.00 / MINUS USD $50.00 Per Metric Ton

Seller pays commission:     50% Seller side – Closed / 50% Buyer Side

Inspection:                          SGS/ Intertek or Camin Cargo Control or equivalent inside the port.

Payment Terms:                 Upon successful Q&Q including Dip Test, Buyer pays for product by Wire Transfer / Swift MT-103 into the Seller’s account. Seller releases full POP documents in Buyer’s name and Trans-loading commences.

TRANSACTION FOB TANK TO TANK: HOUSTON, ROTTERDAM.

1. 1. The Buyer sends ICPO with:
      ▪ Client Information Sheet (CIS)
      ▪ Company Profile
      ▪ Company Registration Certificate
      ▪ Tank Storage Agreement
   2. Seller issues commercial invoice of the product in tanks at the port, buyer signs and returns commercial invoice along with an acceptance letter.
   3. Seller issues a copy of SGS report strictly to buyer tank farm Company only *(AFTER TANK FARM SIGN LETTER OF CONFIDENTIALITY) *, to verify SGS report in their office.
      a. Refinery Commitment to Supply
      b. Certificate of Origin
      c. Statement of availability of product
      d. Product quality passport (Analysis test Report) 
   4. Upon confirmation of a successful verification of SGS report by buyer tank farm Company, buyers provide his tank storage receipt (TSR) from his tank farm company.
   5. Seller issues following POP documents to buyer, buyer conducts Dip Test on the Product.
      a. Q&Q Report Injection Report.
      b. Unconditional Dip Test authorization letter (DTA) Authorization to Sell
      c. Fresh Update SGS Report
      d. Authorization to Verify Physically the Product in Seller’s Tank (ATV)
      e. Copy of the change in certificate of origin (If required)
      f. Copy of export license Injection Report at Rotterdam/Fujairah Allocation Certificate
      g. Authority to Sell and Collect (ASTC) 
   6. Following the completion of the Dip Test, seller injects the fuel into buyer leased Storage tank and seller
   7. Buyer makes 100% payment by MT103 TT wire transfer OR SBLC MT 760 for the total Product and seller pays commission to all his intermediaries not included in the Gross and Net price within 24hours after confirmation of the buyer’s payment. 
   8. After first successful delivery of fuel, the Seller and the Buyer agree go to Spa Annual Contract with Rollover and extensions and the Buyer agrees to place a financial instrument SBLC MT760 for the value of one month of fuel delivery as guarantee payment for the Spa Annual Contract. The deliveries begin according to the schedule agreed between the Seller and the Buyer.

      NOTE:
      – The above procedure must be accepted & incorporated on the ICPO.
      – No Bill of Ladings, Warranties, SGS Reports, or past fulfilled Contracts will be presented as “Past Performance,” sanitized or not, for the following reasons: Against Trade Regulations, against stated SGS Policy and Violates formal Contract confidentiality between Buyer and Seller.
      – The ICPO/LOI must be in buyer´s letterhead with authorized signatory and stamp. It is mandatory that the document carries the Buyer´s bank and bank officers contact information.
      – The names and positions of the Company representative signing the LOI/ICPO must be clearly indicated.
      Otherwise, the document has no legal value; the documents must be fresh (recent date – the most 1-3 days old max.)
      – The letterhead of the Company requesting the commodity must correspond to the Bank Account Holder on the banking information provided.
      – The ICPO must be addressed to the seller “Maxwell CTSE”, while Seller will respond with CI to the buyers secured Email as Seller representative and must carry the Seller´s approved procedures as shown above. If your documents do not pass these verification points, please comment with us to be corrected.
      – This will save time in our process.
      – We look forward to a successful business relationship with your esteemed company.

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