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Nairaland Forum / Nairaland / General / Business / Business To Business / BLCO Urgently Needed On TTO (1642 Views)
Blco Urgently Needed..please See Buyers Procedures / Loaded Vessel Of One Million Barrels Of BLCO Urgently Needed / Allocation Papers For Lpfo,ago And Blco Urgently Needed For Purchase (2) (3) (4)
BLCO Urgently Needed On TTO by onyeka205(m): 10:00pm On Jun 20, 2013 |
We do have Buyers Waiting to Close BLCO (TTO) Transaction Based on the Below Procedures: GENERAL PROCEDURE # 1 1: a) BUYER and SELLER Execute this Contract and Deposit with their Respective Banks b) The SELLER nominates a vessel, loads it in the name of the NNPC JV OPERATOR, and presents the BUYER and SELLER'S AGENT with the SELLER'S letter of authentication from NNPC demonstrating the SELLER has received the power of attorney from NNPC JV OPERATIONS over the cargo along with the loading documents. The Bill of Lading (BOL) and initial loading documents can be issued in the [in the SELLER'S name or NNPC JV OPERATIONS. c) The SELLER shall arrange for the NNPC’s local Vessel Manager to introduce the BUYER to the ship- owner’ s Commercial Operator to confirm a one way voyage Charter Party Agreement (“CPA”) in favor of the BUYER. The CPA, which shall originate from the date title of the Product transfers at the designated TTO location, is to be executed by BUYER, with expenses also to be incurred by the BUYER. d) Within forty-eight (48) hours of confirming the one-way Voyage charter in favor of the BUYER, and receipt of BOL, the BUYER shall issue two separate irrevocable and confirmable Letters’ of Credit (“L/C”) via MT103/23 or MT760. The first L/C shall be issued to the ship owner or despondent owner as confirmed by the Commercial Operator for the freight to Las Palmas Canary Islands. The second L/C shall be irrevocable, confirmable; one time transferable and divisible in favor of SELLER for the full value of the cargo, less the gross discount, with the SELLER’S bank and the divisible portion shall be for the discount in favor of ******************** bank at HSBC in Singapore. The second L/C shall allow for $150,000 drawdown for documentation after the CPA has been executed by the BUYER, the BUYER’S Supercargo has boarded the vessel and the BUYER’S Inspector has boarded the vessel and confirmed that the vessel is loaded with the quality and quantity of the specified Product under contract. e) Upon confirmation from the SELLER’s bank the receipt of the L/C, the SELLER will authorize NNPC JV OPERATOR to reassign all of the shipping documents in the name of the BUYER. f) The SELLER shall issue an NOR & ETA to BUYER and the loaded Vessel shall proceed to the designated inspection/transfer location in International waters’ offshore TEMA, Ghana. g) SELLER instructs the vessel Master to issue an ATB to the BUYER’S Inspector and Supercargo. The BUYER’S inspector and supercargo shall board the loaded vessel for Q&Q inspection. The results of the final inspection report will be released to both BUYER and SELLER. h) All original documents, including Warranty of Title shall be released to the BUYER’S Bank and the BUYER shall release payment within 72 hours via SWIFT wire transfer to SELLER’S bank for the total cargo, including commissions/fees as stipulated in Appendix II to the SELLER’S AGENT’S bank. Tanker Take Over occurs and BUYER’S vessel shall sail to its designated port of discharge. GENERAL PROCEDURE #2 (MT799 blocked funds): a) BUYER and SELLER execute this contract and deposit with their respective banks b) The SELLER nominate a vessel, load it and issue bill of laden (BOL), Cargo Manifest, Power of Attorney to sell cargo and Letter of introduction to Vessel Commercial Operators. c) The buyer within 24 hours of receiving the initial loading documents issues confirmable POF via MT799 blocked funds for 45 days in favor of seller. d) The SELLER shall issue an NOR & ETA to BUYER and the loaded Vessel shall proceed to the designated inspection/transfer location in International waters’ offshore TEMA in Ghana. e) SELLER instructs the vessel Master to issue an ATB to the BUYER’S Inspector and Supercargo. The BUYER’S inspector and supercargo shall board to the loaded vessel for Q&Q inspection. The results of the final inspection report released to both BUYER and SELLER. f) All original documents, including Warranty of Title shall be released to the BUYER’S Bank and the BUYER shall release payment within 72 hours via SWIFT wire transfer to SELLER’S bank for the total cargo, including commissions/fees as stipulated in Appendix II to the SELLER’S AGENT’S bank. g) The SELLER shall arrange for the NNPC’s local Vessel Manager to introduce the BUYER to the ship-owner’ s Commercial Operator to confirm a one way voyage Charter Party Agreement (“CPA”) in favor of the BUYER. The CPA, which shall originate from the date title of the Product transfers at the designated TTO location, is to be executed by BUYER, with expenses to be incurred by the BUYER. h) Within Twenty Four (24) hours of confirming the one-way Voyage charter in favor of the BUYER, and receipt of Bill of Lading, Payment for the entire cargo is therefore and Coordinators, as in the Master Fee Protection agreement in the SPA/CONTRACT, within 72 Hours of successful Q & Q. Tanker Take Over occurs and BUYER’S vessel shall sail to its designated port of discharge. NOTE: The Buyer will not Accept any Bait and switch on his Procedures from any Authorized and Verifiable NNPC Seller’s of Records or/and Fiduciary Sellers. All the above stated Buyer Procedures are Non-Negotiable (Very Important) payments are made by KTT/SWIFT Wire upon The Fully Funded earlier MT 799, Swift Proof of Funds (POF), Blocked and Reserved and upon the out-turn Barrels in the Q & Q Report, directly into the Seller’s Nominated Bank Account, and the Accounts of the Agents and Mandates, Facilitators and Intermediaries, Consultants. Contact me on 08035426409 or campbell205@yahoo.com |
Re: BLCO Urgently Needed On TTO by Markachi666(m): 11:12pm On Jun 21, 2013 |
If you're dee Cambell I used to know (@FUTO) I greet you with love and wish you goodluck in your biz. |
Re: BLCO Urgently Needed On TTO by onyeka205(m): 6:15am On Jun 22, 2013 |
Markachi666: If you're dee Cambell I used to know (@FUTO) I greet you with love and wish you goodluck in your biz. I miss Umuaga... from Iyana ipaja Lagos.. Hello, yes I am Dr Campbell, could you tell me who you are? You sound like my relation from umuaga. |
Re: BLCO Urgently Needed On TTO by Markachi666(m): 8:50am On Jun 23, 2013 |
.... |
Re: BLCO Urgently Needed On TTO by wealthyk: 11:42am On Jun 26, 2013 |
is this deal still on? if yes mail this details at wealth4lifeinc@yahoo.com, wealthykcash@gmail.com or 08089728944, 08055453269 |
Re: BLCO Urgently Needed On TTO by onyeka205(m): 3:07pm On Jun 29, 2013 |
Deal still on |
Re: BLCO Urgently Needed On TTO by onyeka205(m): 5:51am On Jul 03, 2013 |
OFFER STILL AVAILABLE |
Re: BLCO Urgently Needed On TTO by jhayluz: 7:00am On Jul 03, 2013 |
Good day bro, am a mandate to sellers, I feel this procedures are not really good for any seller to work with... ??These two points: The SELLER nominates a vessel, loads it in the name of the NNPC JV OPERATOR, and presents the BUYER and SELLER'S AGENT with the SELLER'S letter of authentication from NNPC demonstrating the SELLER has received the power of attorney from NNPC JV OPERATIONS over the cargo along with the loading documents. The Bill of Lading (BOL) and initial loading documents can be issued in the [in the SELLER'S name or NNPC JV OPERATIONS. c) The SELLER shall arrange for the NNPC |
Re: BLCO Urgently Needed On TTO by jhayluz: 7:01am On Jul 03, 2013 |
Good day bro, am a mandate to sellers, I feel this procedures are not really good for any seller to work with... ??These two points: The SELLER nominates a vessel, loads it in the name of the NNPC JV OPERATOR, and presents the BUYER and SELLER'S AGENT with the SELLER'S letter of authentication from NNPC demonstrating the SELLER has received the power of attorney from NNPC JV OPERATIONS over the cargo along with the loading documents. The Bill of Lading (BOL) and initial loading documents can be issued in the [in the SELLER'S name or NNPC JV OPERATIONS. c) The SELLER shall arrange for the NNPC |
Re: BLCO Urgently Needed On TTO by onyeka205(m): 10:07pm On Jul 05, 2013 |
still available |
Re: BLCO Urgently Needed On TTO by chidi47: 5:01pm On Sep 11, 2013 |
SERIOUS BLCO BUYER NEEDED. Currently a loaded 2mbbls BLCO is ready for take over for any interested & capable buyer and the procedure is quite simple. Procedure - TTO 1. Buyer & seller sign off SPA and deposit with respective banks which becomes legally binding. 2. Seller releases pop and other related docs for buyer's review & confirmation and gives a 20M naira performance bond in buyer's favour. 3. Buyer, equallly raises a coporate cheque in of same value of 20M and send scan copy to seller. 3. SELLER, thereafter furnishes buyer/final offtaker with marine ATB & CLEARANCE to enable buyer board vessel and confirms cargo. 4. Buyer's agent boards and confirms cargo while logistics BG DROPS, LOADED. VESSEL is then moved to agreed location with Nigeria waters for Q & Q. 5. BUYER conducts Q & Q, after a successful Q & Q, BUYER PLACE FULL CARGO INSTRUMENT for ENTIRE CARGO. THIS IN THE SUMMARY OF WHAT THE PROCEDURE WILL ENTAIL FOR THE 2M. PRICE IS - (N84 LESS 4.) N1.50. To \Seller's side and N1.50 To Buyer's side respectively. Note: Seller will send P.O.P first for confirmation before Buyer's P.O.F kicks in. Phone: 08077959844 e-Mail: chidi_tt@yahoo.com |
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