No photo available

Details - Information last confirmed on January 23, 2021

Seeking buyer for 150,000 MT of EN590 fuel. The deal is FOB Singapore 150000mts in Jurong location tanks . Please view below transaction procedures and If you're interested contact me for seller's name for ICPO issuance. I'm on buyer side and buyer side commission is split between 2 intermediaries! Deal is first come...first serve!
The price is USD $430 gross /USD $420 net per mt.

Procedures - FOB Singapore
1. Buyer issues ICPO incorporated with Seller’s transaction procedure along with Company Profile, Passport copy, Company registration and full banking details.

2. The Seller issues the Commercial Invoice ( CI ) of the product in tanks at the port, the Buyer signs, and returns the Commercial Invoice ( CI ) to the Seller.

3. Seller provides TSR at Jurong Tank, SGS report, ATSC, Injection report and ATV for buyer verification.

4. Buyer shows Bank statement Tear sheet to show sufficient fund for the transaction.

5. Seller provides unconditional DTA for immediate dip test.

6. NCNDA/IMFPA to be signed by all Intermediaries involve in the transaction and forward to the Seller for endorsement.

7. Upon successful Dip Test in tanks and the Buyer’s SGS confirmation of Q&Q, the Buyer makes payment for the total cost of product via MT103. The Seller transfer title ownership to the Buyer along with full documentation. The Buyer lifts product into vessel or completely take over seller tanks for further product storage.

8. The Seller pays all Intermediaries involved in the transaction and subsequently Seller / Buyer negotiate terms and conditions of the Commercial Invoice and extension of transaction by issuing 12 months contract, if required.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.