FREE-BOARDING(MATB-CLEARANCE)
*0,**0MT OF A.G.O ON (T.T.O/T.T.T-OFFICIAL)- LAGOS-NIGERIAN
WATERS[NAIRA-DEAL FOR SALE.
FULL:COMPLETE
PROCEDURE FOR FREE-BOARDING(MATB-CLEARANCE) *0,**0MT OF A.G.O ON
(T.T.O/T.T.T-OFFICIAL)- LAGOS-NIGERIAN
WATERS[NAIRA-DEAL] FOR SALE.
PRICE OF
T.T.O/T.T.T(OFFICIAL):CURRENT/LATEST-MARKET-PRICE.
PROCEDURE:
1. Seller and Buyer
sign and seal SPA and deposit the same with their respective
banks.
2. Buyer returns
signed SPA to Seller along with ATB format and tugboat
details.
3. Buyer ask his
Account Officer to write Payment Notification to Seller\'s Account
Officer(AO) that upon receipt of ATTESTATION,Buyer will pay Three
Hundred Million Naira(N**0,**0,**0)-Cash-Transfer for Logistics and
Documentation as follows: Two Hundred Million Naira
(N**0,**0,**0)-Cash Transfer in favour of Seller and One Hundred
Million Naira (N**0,**0,**0)-Cash-Transfer in favour of Seller\'s
Fiduciary Account - To be sent after Boarding and Attestation for
Documentation and Logistics.
4. Seller confirms
the Payment-Notification- Letter and Buyer\'s Tug-Boat and
instructs his Captain to issue MATB/Clearance and instruct his
Captain to open communication with Buyer\'s Tug-boat for
Boarding.
5. Seller\'s
Captain Boards Buyer\'s Supercargo and Inspector unto pregnant
Vessel for Product Confirmation/Sample Collection.While Supercargo
remains on board, inspection collects sample and disembark for
Q-&-Q analysis. After Attestation report countersigned by
Buyer\'s Supercargo and Seller\'s Captain, Buyer\'s bank pays Three
Hundred Million Naira(N**0,**0,**0)-Cash to Seller\'s bank covering
Boarding, Logistics & Documentations.
6. Upon Result,
Seller issues Soft-Copies of Documents in Buyer\'s Name and Buyer
issues MT**3 for entire Cargo and pays all including commissions to
all Mandates, Facilitators and Intermediaries for entire
cargo.
7. Seller
introduces Buyer to Vessel Handler or Owner for re-chartering.Buyer
Re-charters Vessel and instructs Captain forth
with.
8. Vessel sails to
Buyer\'s final Port of Discharge (P.O.D).
9. Rollover and
Extension is as per Buyer\'s Monthly or Annual Consumption based on
their Bank Instrument.
SELLER\'S SIDE
COMMISSION IS FULLY/COMPLETELY CLOSED(OCCUPIED).
LET BUYER:OFF-TAKER
SEND/FORWARD A VOICE-NOTE MENTIONING/CALLING HIS NAME AND COMPANY
AND FULLY:COMPLETELY ACCEPTING THE PROCEDURE AND PRICE.
