SELL BLCO TTT$8/5,FOB$6/3,CIF$5/3

Product Description

BUYER WILL BE GIVEN NNPC ALLOCATION LETTER AND AUTHORIZATION LETTER AS POP FOR BUYERS TO COMFIRM BEFORE THE SPA IS SIGNED.BUT, BUYER NEEDS TO SEND LOI OR ICPO AND NCND BEFORE SPA. THE FOLLOWING IS THE PROCEDURE FOR TTT AND FOB. 1) SELLER & BUYER SIGNS SPA WITH BOTH BANKING CO-ORDINATES AND POP TO CONFIRM. (2) (A) BUYER RELEASES HIS VESSEL CPA WITH A B/G OF $**0.**0.*0 FOR PROGRAMMINY IN HIS NAME TO BE CONFIRM ON SHELL SCREEN AND LLYODS LONDON, UPON CONFIRMATION, BUYER PAYS PROGRAMMING FEE OF $**0.**0.*0.(B) SELLER NOMINATES A VESSEL IN BUYER'S NAME AND GIVES THE CPA TO BUYER TO SIGN AND RETURN TO US. (3) UPON SIGNING THE CPA AND RETURN, THE SHIPPING AGENT IN NIGERIA WILL THEN SEND IT TO THE HOME OFFICE OF THE VESSEL OWNER FOR BUYER'S CONFIRMATION. (4) BUYER CONFIRMS THE VESSEL CHARTERED IN HIS NAME AND GIVES B/G OF $**0.**0.*0 FOR PROGRAMMING THE VESSEL IN HIS NAME TO BE REFLECTED ON SHELL SCREEN AND LLYODS LONDON. (5) AFTER CONFIRMATION OF THE PROGRAMMING IN HIS NAME ON SHELL SCREEN AND LLYODE LONDON, BUYER PAYS THE PROGRAMMING FEE OF $**0.**0.*0 AND PLACES L / C FOR THE WHOLE PRODUCT. (6) SELLER LOADS BUYER'S PROGRAMMED VESSEL AND ALL DOCUMENTATIONS GIVEN TO BUYER FOR IMMEDIATE PAYMENT. (7) PAYMENT IS MADE AND BUYER'S LOADED VESSEL SAILS TO IT'S DESTINATION.