Bonny Light Crude Oil

CIF CHINA TRANSACTION PROCEDURE VIA MT760 OR MT799 BLOCKED FUNDS. PRICE:$9/$5/$4. 1. Seller issue contract and Buyer sign, seal contract and return with completed CIS Form and details of the discharge port for the issuance of Notice of Readiness (NOR) and marine Authority to Board (ATB) details, as contract is deposited with banks. 2. Buyer’s bank shall within days issue to Seller; copy the Seller for the Seller’s nominated Fiduciary Bank RWA/Bank Confirmation Letter (see attached sample: Annex A1), followed by MT760 or MT799 (Block Fund) for the entire cargo- Annex B. 3. Within 3-days of validation and confirmation of Buyer’s MT760 or MT799 (Block Fund), Seller’s Fiduciary Bank shall issue 2% Bank Performance Bond (PB) on behalf of the Seller. Seller shall then nominate and load vessel in Buyer’s name. 4. Seller nominated vessel issue a Marine NOR/ETA and their INTERTANKO Q88 via e-mail to the Buyer for confirmation within 5-days of issuance of the 2% PB. 5. After confirmation of the NOR by the Buyer, the Seller shall release the following partial in Buyer’s name to Buyer before vessel arrives the discharge port, : Customs Outward Clearance, Tank Ullage Report, Bill of Laden, Vessel Q88,Master’s Receipt, Cargo Manifest, Certificates of Quality & Quantity, N.N.P.C Certificate of Authenticity/Warranty of Title, Marine ATB. All outstanding documents shall be issued after Q & Q analysis at the discharge port. 6. Vessel sails to Buyer Port of Discharge (POD), upon arrival announces to Harbor Master on behalf of Buyer. 7. Buyer's nominated shipping agent/company obtains all necessary clearance documents from the port authority to the captain of the vessel for anchorage. 8. Captain onboard drops anchorage on the agreed (NAUTICAL MILES) and issue marine ATB from captain's desk stating her exact Longitude/Latitude with VHF channel and opens communication for Buyer’s SGS/Supercargo boarding. Within 12 hours of the receipt of marine ATB, Buyer’s Inspectors/Supercargo shall board and take samples and inspection report for generation of Commercial Invoice (CI) which is issued to both Buyer and Seller. 9. Within 48 hours of presentation of Seller's Commercial Invoice Buyer shall Swift MT103 covering the cargo value to the Seller’s nominated Fiduciary bank in favor of the Seller as per the approved verbiage and send a courtesy copy of the MT103/23 to the Seller by e-mail for confirmation. 10. Upon Seller’s confirmation of Buyer’s MT103 in place; Seller shall authorize the Captain to proceed with discharge of cargo into the Buyer’s Tank Farm. 11. Seller will re-assign the Vessel/Cargo documents issued to the order of the Buyer as “CONSIGNEE” and hard copy delivered to Buyer’s Bank. 12. Buyer to make full Payment via Swift KTT for total cargo to Seller’s nominated bank account within 48 hours of receiving final shipping and cargo document s. And Buyer shall simultaneously pay all commissions to Agents and Facilitators NOTE: THE SIGNATURES ON THIS CONTRACT BY THE BUYER AND BY SELLER MEANS BOTH ACCEPT ALL THE CONTENT AS FOR QUANTITY, DISCOUNT AND PROCEDURES. 13. Lay time and Demurrage 1) TIME ALLOWED FOR DISCHARGING: The time allowed for discharge of the vessel shall be 36 running hours. Lay-time shall begin to run six (6) hours after N. O.R. when the vessel is fast at berth, whichever occurs first, and notice has been tendered by the master of the vessel. Except that, Sundays and holidays, unless used, would not count nor would weather prevented discharging delay count as time during which discharge could not be executed, owing to technical and other conditions depending on the tanker, and such events or occurrences are not to be included in the laytime. 2) Discharge shall be deemed to be completed upon disconnection of hoses and certification of as agreed to above as the quantity and quality. Which inspection shall be completed in no more than twelve (12) hours from the time of berthing of the vessel and commencement of discharge at the Buyer's designated shore tanks. *** Buyers from other countries can offer different procedure and also Port of Discharge can be changed. I'm looking for world wide buyers. Will be waiting for your response. My is and also on/p>