Product: Diesel Gasoil EN590 (10PPM)
Quantity: 25,000 Metric Tons (Spot)
Delivery Terms: CIF Port of Odessa, Ukraine (Vessel delivery)
Inspection: SGS or equivalent at the port of loading/discharge
PAYMENT TERMS (Strictly):
Payment via SEPA Direct Debit Business-to-Business (SDD B2B) Mandate.
Payment Trigger: Funds are released immediately upon the issuance/opening of the Bill of Lading (B/L) in the Buyer’s name.
Security: This is a non-refundable B2B mandate. Buyer provides a valid Interbank Mandate and Proof of Funds (POF) via Bank-to-Bank communication.
Speed: This procedure ensures near-upfront payment once the cargo is loaded and title documents are issued.
REQUIREMENTS FOR SELLER:
Full Proof of Product (POP) availability.
Ability to charter a vessel with valid insurance coverage for the Black Sea region (Odessa).
Standard procedure: ICPO -> FCO -> Contract -> SPA.
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