Selling Ad
N°715295:
agent Customer search petroleum gas 04/05/2026 10:20:09 BLCO
operational procedure (cif rotterdam 100% at sight
discount $ 8 net buyer)
1. contract & logistics: both parties sign the spa. a duly licensed fiduciary is appointed as paymaster. seller mobilizes the vessel (transmits cpa, q88, and eta to bonny).
2. financial guarantee (dlc): upon receipt of vessel documents, buyer issues a 100% irrevocable, confirmed dlc to the fiduciary’s bank.
3. loading & transit: seller provides ppop. vessel loads, issues the bill of lading (bl), and sails to rotterdam. seller provides regular eta updates.
4. arrival & final settlement (100%): vessel arrives at rotterdam. a final and binding q&q inspection is conducted by sgs/saybolt. upon presentation of the final shipping documents and successful q&q, buyer releases 100% of the dlc value at sight. the fiduciary distributes all funds, commissions, and transfers the title of ownership
nb : do not confuse the opening of the dlc with its payment.
the dlc must be opened/issued by their bank as soon as the ship’s documents (q88) and the ats are provided, prior to the ship’s departure. this is our guarantee for crossing the ocean. we don’t sail without a safety net.
however, the dlc will be paid/settled in full upon presentation after arrival in rotterdam, upon presentation of the b/l and the final q&q.
Packaging : CIF AWSP
Quantity : 2 000 000 BBL
