Product Description

Commodity: Mazut M**0, GOST *******5 Price: US$ **0/**0 Origin: Russian Destination Port:CIF ASWP Contract Type: *2 Months Contract Quantity: **0, **0 M/T x *2 Liftable: 5% Liftable Inspection: Societe General de Surveillance (SGS) nominated by the Seller and Buyer agreement, paid by seller. Other Terms: As per INCOTHERM 2.**0 addition Port Costs: All cost at loading port for the account of Seller and all cost at discharge Port of the account of Buyer. Performance Bond: Two percent (2%) for the value of the payment instrument for each monthly shipment. *Commission paid by the Buyer. *US$.*0.*0 Seller side / US$.*0.*0 Buyer side Procedures: 1. NCND/IMFPA 2. Buyer Issues an ICPO/BCL to the seller. ICPO to be made out to: Industrias Jade 3. Seller Issues draft contract open for amendment 4. Buyer sends draft contract to seller 5. Seller and Buyer exchange “POP” for “POF”-Bank to Bank; TTM can be arranged 6. Buyer issues a MT**3/*3 to pay for product, thereafter an RDLC within *8 Hours (confirmed, Irrevocable, Transferable and Revolving) 7. Seller issues 2% performance bond 8. Seller bank transfers Ownership title 9. Shipment commences **Additionally, within the ICPO, the buyer should include an “RWA” statement as follows; “We, the Buyer, with full corporate responsibility and under penalty of perjury affirm that we are finically ready, willing, and able to purchase the of _______ CIF/FOB_______(amount in word_______) (+/- 5%) of ______(product) at discount of _______ (product) at a discount of _______ plus commission.