Hello, we have offer from a reliable seller on BLCO and below is his Procedure. No long chains on this 1. Buyer and Seller sign and seal this Contract including banking coordinates. The electronic signed copy by both Parties is considered legally binding and enforceable which should be lodged with their respective banks. 2. Buyer SWIFT MT 799 (POF) to seller’s bank. 3. Seller gives ETA to buyers agree point for boarding. 4. Vessel moves to 10 to 15 nautical miles Nigeria, Cotonou or Ghana waters and give ATB/CLEARANCE for buyer’s Inspection team to board vessel for Q&Q analysis. 5. Q&Q Report sent to both Buyer and Seller. 6. Seller provides information about tanker owner to buyer to facilitate the conclusion of Charter agreement with Buyer. Buyer concludes charter agreement. 7. Appropriate cargo documents in buyer’s name. 8. Payment is effected by SWIFT transfer within 48 hours of the terms of the Bank Guarantee being met, to seller and ALL intermediaries. 9. Buyer’s vessel is granted clearance to depart from point of anchor immediately after payment of fee. $12/4 for 2Million Barrels. N84-4 for 1million Barrels NOTE: Buyer to issue LOI in acceptance of the procedure.
Posted on: Mon, 11 Aug 2014 13:58:13 +0000
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