TANKER TAKE OVER (TTO) PROCDURES:
1. Buyer issues official ICPO with banking details and company
registration certificate.
2. Seller issues Draft contract for both parties to sign, within *4
hours buyer signs and send back with guarantee letter and proof of
funds to fulfil the contractual agreement.
3. Seller issues the Proof of Product documents in buyer company's
name as listed below;
**1. Certificate of Origin.
**2. Product quality passport (Analysis Test Report) By Russian
standard Gost R.
**3. Commitment to Supply.
**4. Bill of Lading.
**5. Cargo Manifest.
**6. Vessel Q*8.
4. Upon receipt of the POP documents, the buyer provides their
shipping agent contact information for the ship owner to open
communication, issue a Notice of Readiness (NOR) and Power of
Attorney to buyers shipping agent entrusting them to perform all
needed shipping agency and freight forwarding services in the
discharge port.
5. Buyer visit seller's escrow agent office and deposit *0% of
total first shipment value in an Escrow Account with the seller to
secure the procurement of the allocated product and quantity., the
seller will instruct the vessel master to re-route the vessel
tanker final destination to the buyers discharge port, upon
confirmation of the deposit made to the escrow account.
5. (a) The *0% deposit held in the escrow account will only be
released to the seller upon successful completion of the
transaction between the buyer and seller, subject to the buyer's
official approval for the release of the deposit to the seller.
5. (b) The Buyer, Seller, and Escrow Firm will physically sign an
escrow agreement in China. Additionally, the Seller will provide a
refund deposit guarantee letter to the Buyer.
6. Seller and Buyer signs the title transfer affidavit and the
title ownership certificate is issued in the buyers company
name.
7. Seller instruct vessel master to countersign the shipping agent
Power of Attorney and proceed to send the complete set of maritime
and shipping documents to enable the buyer shipping agent file for
maritime report and make all preparation to receive the vessel
tanker at the destination port terminal.
8. Upon arrival of the vessel tanker at the destination port and
completion of CIQ Inspection, buyer pays for full cargo value via
MT**3/TT Wire within *8Hours
9.Seller pays the intermediaries involved within *2 hours after
receipt of payment of the product from the buyer.
国家: | Others1 |
型号: | - |
离岸价格: | 310 ~ 300 / Barrel ( Negotiable ) 获取最新报价 |
位置: | Kazahkstan |
最小订单价格: | 310 per Barrel |
最小订单: | 50000 Barrel |
包装细节: | Vessel |
交货时间: | Within 15 Days |
供应能力: | 100000 Barrel per Month |
付款方式: | T/T, L/C |
產品組 : | - |