Ref: Max – ORA

Price minus  %7 NWE Platt for Trail & Minus %10 NWE Platt for a contract 

TANK TO VESSEL PRUCEDEUR
PROCEDURE (FOB) ROTTERDAM PORT, NETHERLANDS:
1) Buyer submits ICPO, CPA, on receipt of Seller Full Corporate offer.

2) Seller releases Commercial Invoice (CI), buyer signs and returns back to the seller along with IMFPA/NCNDA.

3) Seller issue DTA to be endorsed by the buyer and buyer’s Vessel or TTVIA (Buyer financially responsibility to get endorsement by their logistic company on DTA/TTVIA) Without the logistic endorsement the buyer shall be blacklisted. 

4) Seller within Three days upon receipt of the endorsed DTA releases the following POP’s:
a. Tank Storage Receipt (TSR) with full info including Terminal, Barcode & GPS
b. Injection report.
c. Fresh SGS Report less than 48 hours
d. Unconditional DTA on buyer’s name
e. Authorization to verify (ATV)
f. Authorization to Sell and Collect fund (ATSC)
g. Commitment to Supply. (CTS)
h. Product passport and analytical report (PP)
i. Certificate of origin (COO)
j. Attestation of allocation (AOA)
k. Legalized commercial invoice.

5) Buyer verifies and confirms POP as above & orders SGS to conduct Dip Test of the product in the seller tanks.

6) Upon successful Dip Test, Seller issues the full injection schedule to the Buyer.

7) Buyer pays total cost of the product via MT 103, against successful Dip Test at seller’s tank, within 72 hours or buyer will be responsible for each day’s tank extension cost.

8) Seller transfers to the Buyer TITLE OF OWNERSHIP CERTIFICATE and all other export documents.

9) Seller pays all the intermediaries involved in the transaction