hello, we have 4 floating vessels of 25000 mt of icumsa 45 sugar close to african territorial waters (10 days maximum).
price: 570$ per tonne including 10$ commission.

procedures for selling brazilian sugar (floating vessel).

1. the icpo issued by the buyer to the seller contains the buyer's full bank details and proof of bank funds + cis as well as a copy of the buyer's passport and commercial register, plus expressly a letter from his bank to the seller's bank by mt199.

2. the seller will present the imo number and the name of the vessel.

3. the seller will present the draft contract containing the imo number for acceptance by the buyer.

4. the buyer returns the draft contract by fax or e mail attachment, duly signed and sealed, within 48 hours, the draft contract will be deemed legal.

5. the seller issues the p/i (invoice) containing the imo number.

6. after signing the contract, the seller sends clean colour copies of the sms, insurance certificate, master's manifest and bill of lading for verification by the buyer.

7. once the buyer has carried out all the necessary checks on the sgs, the insurance certificate, the master's manifest and the bill of lading; both parties deposit the signed contract and the p/i as well as the clean colour copies of the sgs and the invoice with their banks.

8. the selling bank's agent sends copies of the sgs, insurance certificate, master's manifest and bill of lading to the buying bank's agent by post.

9. after receiving approval from the buyer's bank, the buyer's bank issues an mt799 block fund for the entire cargo to the seller's bank.

10. once the seller's bank has received and accepted the block fund mt799 from the buyer's bank, the seller's bank changes the documents to the buyer's name and sends all shipping documents from bank to bank and diverts the vessel to the buyer's port.

11. the buyer, after checking quality and quantity, issues payment by mt103/tt.
Tariff conditions : 570$

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