Carefully read through


PRIOR TO LOADING PROCEDURE

a. Seller and Buyer sign SPA
b. Seller issues a Pro-forma Invoice along with NNPC programming Confirmation Letter Buyer signs Pro-forma invoice.
c. Buyer releases $50,000 USD Cash to Seller’s bank for clearance of the Super cargo
d. On Arrival of the vessel, Seller instructs vessel captain to issue a Notice of Arrival instructing the S/c to come onboard as Pilot
e. Seller take Buyer’s S/c on boards at 13 Nautical mile off Bonny terminal and vessel goes in for loading
f. Upon completion of loading, The Sellers Master Captain shall issue via facsimile or email directly to the Buyer, photocopy of the loading documents of the vessel. These photocopy shall be endorsed by Buyer’s S/c on board
g. Upon receipt and verification of the photocopy of loading receipt, Buyer’s Bank within 48hrs issues MT799 for the total value of cargo
h. Seller issues a Marine ATB to Buyer’s Bank and to Buyer’s Secured Email Bleep@Bleep.com
i. Buyer performs Dip Test and Buyer and to Buyer’s bank receives the following Documents from seller: All Shipping Documents, CI, and Q&Q. The seller introduces the Buyer to Vessel Owner for TTO.
j. Upon the Buyer’s Bank verification of all documents and a satisfactory Dip Test, the Buyer’s Bank pays for the Oil with a MT 103.
k. Buyer takes over the vessel and sails to destination port.



AFTER LOADING PROCEDURE

1. Seller and Buyer sign SPA
2. Seller issues a Pro-forma Invoice along with Cargo manifest – Buyer signs.
3. Buyer releases USD$100,000) to Seller's bank as registration fee
4. Seller provides the Partial POP including: CPA, Q88, Bill of Laden to Buyer’s Bank and to Buyer’s Secured Email Bleep@Bleep.com and moves vessel to 15 nautical miles (Ghana international waters) (Seller WILL NOT EXCEED the marks he has given for Ghana international waters)
5. Seller issues a Marine ATB to Buyer’s Bank and to Buyer’s Secured Email Bleep@Bleep.com
6. Buyer performs Dip Test and Buyer and to Buyer’s bank receives the following Documents from seller: All Shipping Documents, CI, and Q&Q. The seller introduces the Buyer to Vessel Owner for TTO.
7. Upon the Buyer’s Bank verification of all documents and a satisfactory Dip Test, the Buyer’s Bank pays for the Oil with a MT 103.
8. Buyer takes over the vessel and sails to destination port.

For further info contact Abdul at abdul.musa1980@gmail.com