Ref: Exodus TTO 2
To: Buyer
Dear Sir, Madam,
We are Exodus Energy Group LTD LLC companies registered in the UK and USA, with a strong database to resell petroleum products, operating in good standing with our governments and Refinery allocations. We confirm that Exodus is ready, able and willing to re-route the refined petroleum product at any safe Port via Tank Take Over as per below:
COMMODITY: DIESEL GAS OIL EN590 (10 PPM Specification: “As per Exhibit-1, Attached”
Commodity: DIESEL GAS OIL EN590 (10 PPM)
Origin: Non-Sanction Countries
Specification: Standard En590-10 PPM (Attached)
Annual Quantity: 100,000 MT Monthly
Duration of Contract:12-month Contract, Shipping Schedule: as per “Exhibit-2”, attached
Shipping Terms: Tanker Take Over (TTO)
Packaging: In Bulk
Price: Fix Price $540 USD or Minus 60 USD NWE Platt
Commission: seller side (closed), $5 USD buyer side (open)
Inspection: SGS or Equivalent
Payment Method: By MT103 SWIFT upon successful SGS Inspection at the Vessel in the nearest Safe Port
TTO TRANSACTION PROCEDURES TERMS & CONDITIONS
- The Buyer issues an official ICPO with their banking details and Certificate of Company Registration. And Buyer’s Passport Copy.
- The Seller issues a Draft Contract SPA (Sales and Purchase Agreement), Addendum Agreement and CI (commercial Invoice), along with the Seller’s KYC /CIS, and both parties are to sign within 48 hours. Buyer signs and returns it along with a POF (BCL/RWA) bank-to-bank for the contractual agreement within 48 hours.
- The Seller provides the Product’s Proof of Product Documents (POP) in the Seller’s company name as listed below:
– Product Passport
– Certificate of Origin
– Product Specification Sheet (Spec Sheet)
– Vessel IMO Number
– Export License
– Commitment to Supply
– Q88
– ATSC.
- The Seller issues an Authority to Board (ATB) and Verification Authorization, granting the Buyer or the Buyer’s appointed third-party inspector access to board and inspect the vessel within 48-72 hours. Buyer, at own cost, engages a recognized third-party inspection company (e.g., SGS, Saybolt, or Intertek) to conduct Quality & Quantity (Q&Q) verification at high sea, at the nearest safe location to the vessel within 24 hours.
- Upon successful Q&Q verification and confirmation of product conformity, Buyer remits payment via MT103 (SWIFT wire transfer) to Seller’s designated bank account as per SPA terms within 48-72 hours.
- Upon confirmed receipt of payment, the Seller issues: – Final Title Transfer, transferring full ownership of the product and all associated rights to the Buyer within 24-48 hours.
- Seller executes the 8. Seller’s Intermediaries and Buyer’s Mandates are compensated according to (IMFPA) lodged and acknowledged with the SPA within 72 hours after payment has been received by the seller.
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Seller bank: Bank of America
Address: 222 Broadway, New York
SWIFT Code: BOFAUS3N
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PLEASE TAKE NOTE:
If you accept the procedure and price, please download the SCO, sign it and issue the ICPO and send me with your CIS and company profile to:
Exodus ٍEnergy Groups LTD LLC
Attn: Sales Manager
Email:
Ryan@exodus-groups.com
