Description

 Shipment & Procedure:
  I.   Seller/ Buyer Sign Seal the Contract and Exchange the Signed Copy by Electronic Mail. The Electronic Signed Copy By Both Parties Is Considered Legally Binding And Enforceable.
(2)buyer write pre advice letter and his bank endorst that imidiatly sellers bank  give buyers bank PB that 
Buyer will place full instrument (MT**3/*3, MT**9 or DLC), then Seller issues Marine ATB and NNPC and NAVAL Clearance to the Buyer to board the vessel for confirmation and position Vessel as agreed,  the vessel move to any point of  conducting his Q&Q.

ii b. Buyer shall within *2 hours after receipt Q&Q report, Payment's is made by swift to seller’s bank, agents, facilitators.  Payment Instruments MT**3 covering cargo per out-turn barrel quantity value as per the Q & Q conducted.
  iii.      Full payment by SWIFT/KTT shall be released to all the nominated accounts in the contract by the buyer as re-chartering of the loaded vessel is concluded in the buyer’s name.
iV.    All the cargo documents in the buyer’s name is concluded and delivered to the buyer’ bank.
V      Electronic copies of all documents sent to buyer / buyer’s bank.
V*1.      Original documents handed over to buyer’s bank.
      V1I.     Vessel sails to destination por