1. BUYER ISSUES ~ICPO + CP~
2. SELLER & BUYER EXECUTE PRO-FORMA INVOICE AND LODGE WITH THEIR RESPECTIVE BANKS
3. SELLER PROVIDES LISTED PPOP DOCUMENTS OF PRODUCT & VESSEL:
- BILL OF LADING
- PRODUCT PASSPORT
- CERTIFICATE OF ORIGIN
- EXPORT LICENSE
- VESSEL CARGO MANIFEST
- VESSEL ULAGE REPORT
- VESSEL ~Q88~
- AUTHORITY TO SELL AND COLLECT UPON ~Q&Q~ INSPECITON CONDUCTED BY BUYER.
4. BUYER ON VERIFICATION OF PPOP DOCUMENTS, PROVIDES:
- ATV WITH ON-SHORE SHIPPING AGENT – WHEREBY THE ~ATV~ WOULD PERMIT SELLER/REFINERY TO OBTAIN CONFIRMATION
OF AVAILABILITY OF TANKS (~TSR~) BEFORE THEY ISSUE MATB & ~DTA~ FOR DIP ON BOARD THE VESSEL.
- STORAGE TANK INCHARGE DETAILS (NAME, TITLE, TEL & EMAIL) WHO WILL CONFIRM TO THE REFINERY/SELLER AVAILABILITY
AND RELEASE OF TANKS (KOOLE TANKS AT BOTLEK TERMINAL)
- THE CONFIRMATION SELLER/REFINERY WILL RECEIVE IS:
“TANKS READY AND AVAILABLE FOR DISCHARGE ON RECEIPT OF BUREAU VERITAS Q&Q REPORT”
NOTE:
THE DISCHARGE OF THE FUEL SHALL BE GRANTED AFTER TAKING QUALITY SAMPLES ON BOARD UPON ARRIVAL – IN ORDER TO MEET
THE QAULITY DEMANS OF KOOLE TANKFARM – WHEREBY TRNAS-LOADING COMMENCES AT THAT POINT.
5. BUYER ADVISES SELLER/TITLE HOLDER TERMINAL DETAILS FOR VESSEL TO BERTH AT OIL TERMINAL
6. VESSEL BERTHS AT OIL TERMINAL NOMINATED BY BUYER, VESSEL MASTER ISSUES
- ~MATB~
- UNCONDITIONAL ~DTA~ SIGNED BY MASTER OF THE VESSEL.
7. BUYER CONDUCTS DIP TEST / Q&Q ANALYSIS OF PRODUCT ON BOARD SELLER/TITLE HOLDER´S VESSEL BY BUREAU VERITAS &
PROVIDES COPY OF REPORT TO:
- SELLER/TITLE HOLDER
- THE TANK FARM – IN ORDER TO RELEASE THE ATI UPON PASSING QUALITY REPORT OF PRODUCT PRIOR INJECITON.
8. UPON SUCCESSFUL DIP TEST / Q&Q ANALYSIS SELLER/TITLE HOLDER ISSUES FINAL COMMERCIAL INVOICE PER QUANTITY
DETERMINED IN THE Q&Q REPORT
9. BUYER AFFECTS PAYMENT OF SELLER/TITLE HOLDER´S FINAL CI BY~~ MT 103~~
10. SELLER/TITLE HOLDER DISCHARGES PRODUCT NOMINATED TANKS AND TRANSFERS TITLE OF OWNERSHIP TO BUYER
11. AFTER SUCCESSFUL TRIAL SELLER/TITLE HOLDER AND BUYER CONCLUDE SPA FOR MONTHLY DELIVERIES.
UPON SUCCESS OF THIS DEAL
➢ BUYER WILL ENGAGE SELLER FOR FOUR EXTRA CONTRACTS
➢ BUYER IS ALREADY HAVING TANKS – ON SAME ABOVE PROCEDURE AND REQUIRE MORE SUPPLY TO HIS FOLLOWING CLIENT
LOCATIONS AND LOOKING FORWARD TO DEVELOP THE DEALING WITH OUR SELLER:
1. Beira
2. Maputo
3. Namibia
4. Tanzania
5. Durban
Glossary:
CPO/CP >> irrevocable Corporate offer / Corporate offer
Q88 >> questionnaire 88
Q&Q >> quality and quantity
ATV >> Average transaction value
TSR >> Tank Storage receipt
DTA >> Dip test authorisation
MT 103 >> Bank Standard swift payment message used to make international payments (Direct payment order to a beneficiary’s bank)
MATB. Montanans Against Toxic Burning