Light Crude Oil Buyers Published date: June 12, 2018

WORKABLE PROCEDURE

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TO BEGIN WITH, THE STORAGE FACILITY " VISHAL STAR" IS NOT ONSHORE; IT IS IN A 48HOURS VOYAGE DISTANCE TO AN ONSHORE LOCATION OF YOUR CHOICE. AND BECAUSE OF THE FACT THAT THE CARGO IS PRESENTLY OFFSHORE; THE PROCEDURE TO CONSUMATE THIS PROJECT WILL READ AS FOLLOWS:

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A) SELLER AND BUYER SIGNS SPA
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B) SELLER PROVIDES POP - ALL STORAGE DOCUMENTS, MATERIAL/PRODUCT SPECIFICATIONS, CERTIFICATE OF ORIGIN,
> TSR- TANK STORAGE RECEIPT. ( ALL THESE CAN BE VERIFIED THROUGH STORAGE TANK MASTER AND HANDLER.)

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C) BUYER VERIFIES POP WITH MASTER OF STORAGE EITHER THROUGH TELEPHONE OR EMAIL , AND ALSO THE
> STORAGE HANDLER. AND SIGNIFY DESIRE TO PURCHASE CARGO.

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D) SELLER SECURES SHUTTLE VESSEL FOR CARGO TRANSPORTATION FROM OFFSHORE TO ONSHORE FOR BUYER
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E) BUYER ISSUE BANK INSTRUMENT (MT760/MT799BF) FOR CARGO VALUE TO SELLER'S BANK
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F) SELLER PROVIDES SHUTTLE VESSEL SERVICES; BUNKERING, AND OTHER PROVISIONS FOR THE CREW MEMBERS
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G) SHUTTLE VESSEL OPEN COMMUNICATIONS WITH BUYER AFTER RECEIVING SERVICES.
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H) SHUTTLE VESSEL SAILS TO BUYER'S DISCHARGE PORT
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I) SELLER SECURES (WOT) WARRANTY OF TITLE, AND CARGO RE-ASSIGNED DOCUMENTS IN BUYER'S NAME
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J) SELLER FORWARD ALL CARGO RE-ASSIGNED DOCUMENTS TO BUYER'S AGENT TO BEGIN ALL CUSTOM CLEARANCE
> PROCEDURE

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K) VESSEL IS TOWED IN TO ONSHORE FOR DIP- TEST AND Q/Q
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L) Q QND Q, DISCHARGE AND BUYER PAY VIA MT 103

contact us at.info@ueconsultants.com

• Company Name: U&E Consultants.e.U.
• Country: Austria

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