Looking to buy EN590 25,000 to 50,000.Incoterm is TTO. The Buyer shall direct its bankers Kasikorn, and Siam Commercial Bank, Thailand to issue a claimable Letter of Credit representing One percent (1%) of the TotalShipment Value to the Seller. The said Letter of Credit official release clause isautomatically Show More...
Looking to buy EN590 25,000 to 50,000.Incoterm is TTO. The Buyer shall direct its bankers Kasikorn, and Siam Commercial Bank, Thailand to issue a claimable representing One percent (1%) of the TotalShipment Value to the Seller. The said official release clause isautomatically triggered when the vessel – Oil Products Tanker – starts approaching the Myanmar Sea Area. Joint account, escrow also a considerable solutions. The balance of the invoiced amount will be paid via MT103 TT by the Buyer once the vessel arrives at Myanmar port and the SGS Q&Q test on the cargo paid for by the buyer yields a satisfactory report. Within 48 hours before the cargo - fuel will be discharged into storage tanks.