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#17 How to verify Ship Agent or Tank Broker

Many tank companies are not tank farm, or they may be agent or tank broker..
A Ship Agent or Tank B... Many tank companies are not tank farm, or they may be agent or tank broker..
A Ship Agent or Tank Broker acts as an intermediary, just like a freight forwarder doesnt own the airplanes. However, in the high-stakes world of EN590 and Rotterdam storage, scammers frequently pose as agents to hide the fact that they have no physical access to tanks.

To verify if the tank (or any agent) is legitimate, use this Professional Stress Test of 4 specific questions. A real agent will answer these instantly; a scammer will give you excuses.

1. Ask for their Port Authority Terminal ID
Every terminal in Rotterdam (Vopak, LBC, etc.) has a specific Terminal Code or Berth Number.
The Question: Which specific terminal facility is the sub-lease located in, and what is the Terminal Operators name (e.g., Vopak Banyan or Chane Botlek)?
The Test: If they say Our own private tanks, they are lying (they are registered as a shipping agent, not a terminal). If they give a name, call that terminal directly to ask if Proxima has an active account.

2. Ask for the Port Map Location & Customs Code
Legitimate agents handling fuel must have a Bonded Warehouse License or work through a terminal that does.
The Question: Can you provide the Shed/Tank Number and the Customs Warehouse Code for the VAT-exempt storage of this EN590?
The Test: A real agent will provide a specific coordinate or tank ID (e.g., Tank 402). You can then cross-reference this on Port of Rotterdam Maps.

3. Ask for a TSR with a Verifiable Signature
A Tank Storage Receipt (TSR) is the gold standard.
The Question: Will the TSR be issued by the Terminal Operator (the tank owner) or by you as the agent?
The Test: If the agent says they issue the TSR, it is a scam. Only the physical terminal owner (the VOTOB member) can legally issue a TSR that proves the fuel is in the tank.

4. Check their Professional Liability Insurance
Agents in the Netherlands almost always belong to a professional body like VRC (Vereniging van Rotterdamse Cargadoors / Rotterdam Ship Brokers Association).
The Question: Are you a member of the VRC or do you carry FIATA insurance?
The Test: Check the VRC Member List. If they arent there, they are an unregulated entity, which is extremely dangerous for million-dollar fuel deals.

Final Smell Test for any tank companies.

Since they were registered in 2024, they are a New Player. In Rotterdam, New Players rarely get sub-lease rights from major terminals like Vopak because of strict KYC (Know Your Customer) laws.

Pro-Tip: If they ask for any money (for a Transfer of Ownership or Admin Fee) before you have a signed TSR from the actual Terminal Owner, it is a scam. #158 Read More..

#16 Verify tank in Rotterdam

Rotterdam: Use the Port of Rotterdam digital portal or check the Dutch Chamber of Commerce (KVK) for... Rotterdam: Use the Port of Rotterdam digital portal or check the Dutch Chamber of Commerce (KVK) for a valid registration number.

https://www.portofrotterdam.com/en/services/port-customs

The Port of Rotterdam works with FERM (the ports cyber resilience organization) to track fraudulent storage websites

The Whitelist: Check the Storage Spoofing Whitelist to see if the company is a verified, safe terminal operator.
https://storagespoofing.nl/en/whitelist/

The Blacklist: Search for "Bashar" on the FERM Blacklist. If the name or URL appears here, cease all contact.
https://storagespoofing.nl/en/blacklist/ #156 Read More..

#15 Verify tank storage in Singapore

To verify if a tank storage company in Singapore is registered with the Singapore Civil Defence Forc... To verify if a tank storage company in Singapore is registered with the Singapore Civil Defence Force (SCDF)

1. Use the SCDF Online Status Enquiry
The SCDF provides a public-facing portal called FISOPS (Fire Safety and Shelter Department Internet Payment & Status Enquiry) to check the status of storage licenses.

Access the Portal: Go to the SCDF Status Enquiry Page.
Required Information: You typically need the Reference Number or the Licence Number provided by the company to check its current status.
https://eservices.scdf.gov.sg/fisops/pfm-storage-licence/enquiry

2. Check the GoBusiness Portal

3. Contact SCDF Directly for Verification
If you are dealing with a high-value transaction (like EN590 storage) and want to verify a license number manually:
Email: SCDF_FMS@scdf.gov.sg
Phone: +65 6848 1468 or +65 6848 1428
What to ask: Provide the company name and the license number they gave you. Ask if the license is currently valid for the specific storage of "Class II Petroleum" (which includes EN590/Diesel). #155 Read More..

#14 Storage Spoofing

Any petroleum sales and purchase agreement that requires any upfront payment by so called buyers sho... Any petroleum sales and purchase agreement that requires any upfront payment by so called buyers should be taken with caution. This includes payments like document endorsement, tank farm access fees, tank storage extension fees. Agreements with logistics companies and petroleum sellers that require any payment for Authorization to Verify (ATV) storage capacity, and/or Dip Test Authorization (DTA) including endorsements from the Port of Rotterdam Authority (by request or requirement) should be considered as wrong by definition. These are often used as methods in fake transactions or scams that may put your money at risk.

In addition there should be always copies of an official Quality and Quantity inspection company report. This should be from official inspection companies who work in the port of Rotterdam like SGS or Intertek accompanied with an injection report from the storage company.

If the above documents are not provided then the transaction may not be legal and is a red flag for a potential scam.

Companies that operate in the Port of Rotterdam are assigned a KVK number and chamber of commerce registration. If your purported logistics company does not provide information on their registration documented with these organizations when engaging in a business relationship, then your logistics company is not legally registered to conduct business in Rotterdam.

source link..
https://storagespoofing.nl/en/blacklist/ #153 Read More..

#13 Is it free to get POP or dip test

The matter here it is free or not to get POP or Dip test.. We may share the view on this subject..
... The matter here it is free or not to get POP or Dip test.. We may share the view on this subject..

Point 5, buyer may need to pay fee to the terminal.. buyer access to terminal, do you think it is free? anyone can visit terminal, of course not. If fee is required, buyer shall pay it, as it makes sense.

also at that point, actually buyer will contact the terminal, are you buyer paying to terminal, it is easy to verify.. do you agree ?

the fee, not paying to seller but just pay to terminal, it makes sense.. if this is standard thing to access a terminal or how much fee, if you buyer taking oil TTT, should know it well.

In my view, no procedure is really free to get POP or dip test.. all buyers want it free, but seller worry buyer cant perform after POP, that is a dead lock..

Buyer shall have its good ways to verify things, for example this offer buyer can contact terminal, how to verify terminal or paying to terminal, it is easy.. If just expect everything free, if buyer do proceed just because it is free, it is actually not worth to proceed.. #150 Read More..

#12 Questions to know buyer

Thank you for your inquiry. We like to know more buyer requirements before we make any offer, pls ki... Thank you for your inquiry. We like to know more buyer requirements before we make any offer, pls kindly reply below questions accordingly. 

1. Product name and spec ?
2. Order qty?
3. What trade term you do? fob, cif, TTV, TTV or TTO..
4. Which port buyer can do ? 
5. Your target price ? or what price range will work for buyer ?
6. Where is your buyer ? can you brief something about buyer ?
7. also brief more details or requirements for the transaction if any ? 

We can make offer easy, but make the offer that good match to a buyer that is not easy, that is why we need to know buyer, you reply more details, it is very important that will save time each other.  #146 Read More..

#11 offer Ingot buyer verify stocks

I may explain this..

if Buyer ready, pls send ipco to fugo
then, fugo will do due diligence on b... I may explain this..

if Buyer ready, pls send ipco to fugo
then, fugo will do due diligence on buyer
When ready and proceed we will nominate buyer to seller.

Step 5, 6 and 7 is proof of seller.. also fugo will support additional due diligence on seller if required, but only in case buyer is verified..

SPA and LC will direct with the seller..

So now buyer ask to verify stock it is too early because buyer is not verified yet.  #145 Read More..

#10 extension fee or title upfront for TTO

Thank you for your comment.

You touch the real issues in deal. This offer TTO with 2 procedures ... Thank you for your comment.

You touch the real issues in deal. This offer TTO with 2 procedures it requires extension fee or title upfront, 3 days extension or title are similar amount, just matter it pays to seller tank or direct to seller.

You buyer has no TANK, so you cant take it TTT, right?
Why buyer dont have TANK, if buyer is taking oil, no reason buyer has no tank or TSA, right?
you can image this, how the seller can trust this buyer and release POP ? so that the offer TTO, all offer procedure almost similar, it requires kind of fee before release POP that makes sense.

If you do TTT with TSA, the offer will be no upfront to seller or seller tank, but it still endorsement on UDTA or access terminal permit or something similar, that will also cost to buyer, that will pay to buyer tank or logistic company.

We would say this way, there is no offer procedure that is really free to get POP or dip test. IF any buyer see it free, 100% that buyer is not fully understand the procedure.

My advice, buyer should not expect everything is free, but just consider if the fee it makes sense to buyer or consider if the seller is good one.. if the seller is well known, no upfront direct to seller, but just reasonable fee pay to buyer tank or logistic company, why not ? for example, SGS cost buyer pay it, why you dont argue ? because it make sense, right.

Here is another offer cif ESCROW, you may review it.
Export EN590 CIF ESCROW
https://fugohk.com/pos-1700/Export-EN590-CIF-ESCROW #144 Read More..

#9 We accept or reject call or meeting

Below showing an example, this buyer send the email, details some questions and request the clarific... Below showing an example, this buyer send the email, details some questions and request the clarification about the offer procedure, that means this buyer spend time to review our offer, and questions that make sense, and also tell who buyer he represent. We consider this buyer is serious and professional.

The email, it contains part A for discussion, and Part B, request call or meeting, we expect buyer can brief good details, so we can discuss further by email, then more likely we will accept a call or meeting in needs.

Many buyers, missing the part A discussion, just request call or meeting, we usually will reject it, if you request it, and no reply from us, most likely it is this reason. #142 Read More..

#8 Survey questions

Thank you, we shall discuss further on procedure, I feel you buyer may not really understand it. as ... Thank you, we shall discuss further on procedure, I feel you buyer may not really understand it. as said, when buyer ready, we will conduct some DD works. here some survey questions, pls kindly get official reply from buyer. 

Step 3, The buyer sign and return the CI to seller along with their notice of readiness (NOR) from their shipping company.

1 ) How do you buyer get NOR ? also it will cost, how much it is ?
2) Pls clarify who will make payment in this transaction? NOR, its cost, who will pay to ship company ? Step 9, final payment, who will pay ? 

Pls kindly understand, it is part of DD work, and looking to your official reply..  #125 Read More..

#7 Accept it pls no buyer procedure

Thank you for your reply. 

When we propose offer, pls accept it or tell us why where is problem, ... Thank you for your reply. 

When we propose offer, pls accept it or tell us why where is problem, we may propose other offer.  You buyer shall spend time to review our offer, right.. 

Pls dont need to spend time negotiating anything, no need to send us any buyer procedure, it will never work, as we dont do it for any buyer unknown performance. 

Also, remember this, when buyer ready proceed, we will conduct DD work on buyer, if DD failed, anything negotiation will waste time, pls dont feel it bad, as we can consider this helping you to save time.  #124 Read More..

#6 Reply inquiry supply side

Hello Sir,

Thank you for your inquiry.

Pls kindly send us offer details or SCO, we will review... Hello Sir,

Thank you for your inquiry.

Pls kindly send us offer details or SCO, we will review it and discuss further. #123 Read More..

#5 Reply to doubts

When propose offer, we expect the buyer can show professional comments in oil, but you and buyer now... When propose offer, we expect the buyer can show professional comments in oil, but you and buyer now just showing professional in doubts.

Many buyers say, got many bad experiences, why they got many bad, also because they are not good experienced, you have not presented anything your buyer real, just saying many bad experiences, it doesnt mean you buyer is real, it just mean your buyer is leaning oil on the way that is why many bad experiences.

You buyer are not working with fugo, yes that will get many problem.

have you verified buyer fund, how you know buyer fund ready ? how you know your buyer is real? in my view, usually this kind buyer with many bad experiences are not real.. #122 Read More..

#4 offer EN590 CIF

Hello Sir,

Pls find below offers CIF for your consideration. 

DIESEL FUEL EN 590 10PPM
Origin... Hello Sir,

Pls find below offers CIF for your consideration. 

DIESEL FUEL EN 590 10PPM
Origin: KAZAKHSTAN
Min. Quantity: 50,000 Metric Tons
Max. Quantity: 100,000 Metric Tons per Month
CIF Price: US $400/MT Gross, US $390 /MT Net
Commission: US $10/MT Buyer side 50%, Seller side 50%

Read more..
https://www.fugohk.com/post/614

DIESEL EN 590 10PPM
Origin: Georgian
Quantity: Minimum: 50,000 - 500,000 MTS
CIF Price: $350 GROSS/$340 NET
Commission:$5seller side and $5buyer side

Read more..
https://www.fugohk.com/post/627
this seller geogiera, cif step 3 that needs small fee for Notarization, and Legalization at buyer cost, if do it tank to tank rotterdam or houston, buyer has tsa, this fee is at seller cost, so this make sense, we suggest this offer to you. 

if you have Copy of Import License, you can check this one.https://fugohk.com/pos-540/EN590-Offer-EN590-10PPM-CIF #121 Read More..

#3 offer en590 fob ttv

Hello Sir,

We get your inquiry from whatsapp, here we reply with 2 offers fob ttv as below. 

E... Hello Sir,

We get your inquiry from whatsapp, here we reply with 2 offers fob ttv as below. 

EN590 10 PPM
50,000Mt Spot
100,000Mt x 12 Months
FOB/CIF
USD 550 / USD 540 per MT
Origin: KAZAKHSTAN /TURKEY
Procedure FOB tank to vessel, TTV Fujairah

Read more for procedure
https://www.fugohk.com/post/647

Diesel EN 590 10 PPM
Origin : European
Intercoms : TTV
Minimum Quantity: 50,000 Metric Tons per monthly
Maximum Quantity: 200,000 Metric Tons per monthly
Shipping Terms : Tank to Vessel
Loading Port : ROTTERDAM, HOUSTON, FUJAIRAH

In the European market, EN590 produced by European refineries costs more than $820
Price: We can get a discount ranging from 75 to 150 USD/MT depending on origin

Read more for procedure
https://www.fugohk.com/post/648

Pls kindly review and comments, thank you.. #120 Read More..

#2 General reply to fuels

Thank you for your inquiry.

Pls brief more details for your purchase..

Thank you for your inq... Thank you for your inquiry.

Pls brief more details for your purchase..

Thank you for your inquiry.
What product you need, pls brief more details..
Pls detail your requirements, or pls send a LOI..
Pls advise more detail..

1) we offer en590 cif, pls advise your destination port..
2) your company name? email 
3) buyer company profile or website? #119 Read More..

#1 case Aray and Alen

Jet fuel fob tank to tank..

We come together with a hope, but now it may end the way with sadness... Jet fuel fob tank to tank..

We come together with a hope, but now it may end the way with sadness..

This is not the single case, it happens some times, buyer and seller direct talks, they think direct talk is the best and only, and then end up crashing the deal..

Buyer and seller need to direct talk, yes it needs but it is more important that needs a good balance, sometimes you better talk through my professional..Buyer and seller actually better need someone do as a sponge between them, to avoid hard touch. If you talk through me, it will land smooth touch.. as use the example, 2 stones hit up, that will get fire, avoid the fire, you just need a sponge that provides smooth touch..

I learn to let buyer and seller understand this matter, but you know this thing is hard to say.. If I say it too early you may be not happy, I say it now it is too late..

The proposal I read many times, may be I understand it not sure, seller may not understand completely as well.. if you discuss with me, I think we will get a better considerate proposal, at least I will make sure both sides understand clearly before say yes or no..

The proposal has the problem.. Seller has paid 4 says, that still cant let you trust it real.. Buyer dont agree to pay title, because you dont trust it yet.. but now you ask seller to trust you, release 2 days that is about 140K USD, that is the problem, it protects you 100% but no protect to seller that is not good proposal, if you discussed with me, I would not suggest this kind proposal.. #109 Read More..


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