50,000MTS AGO available for Transhipment. Price; 500 less 2 AGO TTT DELIVERY PROCEDURE

 50,000MTS AGO available for Transhipment.

Price; 500 less 2

AGO TTT DELIVERY PROCEDURE

1. SELLER ISSUES CONTRACT TO BUYER.

2. BUYER SIGNS AND RETURNS THE CONTRACT ALONG  WITH, ATB/NOR FORMAT , SUPERCARGO AND INSPECTOR DETAILS. THE ELECTRONICALLY SIGNED DOCUMENTS BEAR THE SAME FORCE AND FUNCTIONS AS THE ORIGINAL AND IS LEGALLY BIDING.

3. BUYER ISSUE BANK DRAFT FOR  #20 MILLION NAIRA, AND TRANSMIT BANK TO BANK.

4. UPON SELLER'S CONFIRMATION OF THE BANK DRAFT, SELLER INSTRUCT HIS CAPTAIN TO ISSUE MATB AND CLEARANCE. AND TAKES BUYER'S SUPERCARGO AND INSPECTOR ON BOARD AT LAGOS WATERS.

5. UPON CONFIRMATION OF PRODUCT, INSPECTOR COMES DOWN WITH SAMPLE WHILE SUPERCARGO REMAINS ON BOARD AND CAPTAIN ISSUES ATTESTATION DULY ENDORSED BY SUPERCARGO.

6. BUYER'S #20MILLION BANK DRAFT IS PAID TO SELLER'S FIDUCIARY ACCOUNT. BUYER RELEASE HIS VALID VESSEL DETAILS, Q88, CPA AND ATL WITHIN 48 HOURS TO SELLER.

7. WITHiN 24 HOURS AFTER DISEMBARKING, INSPECTOR ISSUES Q&Q TEST REPORT TO BOTH PARTIES .

8. SELLER’S CAPTAIN ISSUES MARINE NOTIFICATION OF READINESS (NOR/ETA) TO BUYER'S VESSEL.

9. BUYER’S VESSEL CAPTAIN ACKNOWLEDGES RECEIVE OF THE NOR/ETA, AND BOTH VESSEL OPEN COMMUNICATION, LONGSIDE AND TIE.

10. BUYER PAYS 40% OF THE TOTAL CARGO TO SELLER'S ACCOUNT WITH 24HOURS.

11.SELLER INSTRUCTS HIS CAPTAIN TO COMMENCE TRANSHIPPING INTO BUYER'S VESSEL.

12. UPON COMPLETE TRANSHIPMENT INTO BUYER'S VESSEL.

13. BUYER MAKES BALANCE PAYMENT OF 60% VIA MT 103/ WIRE TRANSFER TO SELLER AND ALL FACILITATORS, LESS ALL LOGISTICS PAID, WITHIN 48HOURS AFTER DISCHARGE.

14. SELLER ISSUES CARGO DOCUMENTS IN BUYER'S NAME.

15 NEXT SHIPMENT.