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TTO

 1. Buyer issues the following documents. - ICPO with seller working commercial procedure - Buyer’s company registration certificate. - Buyer's passport copy 2. Seller issues sales purchase agreement (SPA) to Buyer, Buyer reviews, amends (if necessary), signs and return the sales purchase agreement (SPA) to seller for countersigning along with customer information sheet (CIS). 3. Seller gives Partial proof of products (PPOP) documents to buyer. - Pipeline Shipment Bill of Lading (Trackable) showing present location of product. - Product Quality and Quantity report issued by the Pipeline Company to affirm reception of product quality/quantity at the Pipeline facility. - Product Quality and Quantity Analysis report issued from the Refinery Laboratory. - Commitment to Supply and Statement of availability of product - Commercial invoice of 3% commitment guarantee (USD, RMB, HK Dollar payment options available) 4. Within 5 banking days, Buyer pays invoice of 3% security guarantee to s...

TANKER TAKE OVER TRANSACTION PROCEDURE

1. Buyer issues ICPO according to the seller’s working procedure along with buyer’s company certificate of registration or profile with copy of buyer’s passport. 2. Seller issues the Title Take-Over Contract (TTO/MOU) addendum for review and endorsement by all parties. 3. Seller issues Proof of Product and Shipping documents as listed below; A Product Passport (Quantity & Quality Dip Test Analysis Report) B Certificate of Origin C Bill of Lading D Tanker Vessel Q88 Document E Vessel (N.O.R) Notice of Readiness F Ullage Report G Cargo Manifest H Invoice for title transfer 4. Upon the receipt of the documents, buyer verifies the availability of the product on high sea and immediately make $350,000USDMT103 security guarantee payment of the total cost of the product which serves as a Title Take- Over Fee/title transfer fee, which shall be deducted from the total value of product at discharge port 5. Upon receiving the title take over deposit Seller change the title document from initia...

EN590

  FUEL TRADING:     We engage in the buying and selling of various types of fuel including EN590, crude oil, gasoline, diesel, natural gas, and other petroleum products.     Our activities involve sourcing fuel from reputable suppliers, managing logistics, and distributing products to our clients worldwide.     We closely monitor market trends, pricing fluctuations, and geopolitical factors to make informed trading decisions.