50,000MT of vessel will Arrival in Singapore on April 24

1. Buyer submits initial documents:
ICPO (Irrevocable Corporate Purchase Order)
TSA (Tank Storage Agreement) from a verifiable storage tank company
Certificate of incorporation
Company registration
Passport copy of company representative.

2. Seller reviews and responds:
Upon successful verification and approval of Buyer’s documents,
Seller issues the MOU and CI for Buyer’s review and signing.

3. Seller provides initial POP and shipping documents:
Upon receipt of the signed MOU and CI, Seller issues:
Bill of lading
Cargo manifest
ETA to the destination port
Vessel Q88 form for the loaded cargo.

4. Buyer confirms readiness at destination port:
Buyer provides TSR (at least 1 day with TAC&Hub number)
Buyer coordinates for injection at the destination port/dispatch terminal.

5. Upon vessel arrival, Seller issues full set of documents:
Sales authorization
Certificate of origin
Export license certificate
Maritime vessel arrival notice
Port entry permit notice receipt
Shipping agent power of attorney
Declaration of product ownership
Maritime access to cargo approval
SGS report (conducted at the loading port)
Authorization to Board (ATB)
Maritime registration & declaration report
Vessel entry & clearance declaration permit

6. Buyer inspection (optional):
Buyer, at their own expense, may dispatch SGS or an independent inspection team to conduct a dip test on the vessel tanker and extand another 5 days to his signed tank company.

7. Final payment & product transfer:
Upon successful dip test (SGS), Buyer makes 100% payment via MT103 or TT wire transfer for the total product cost.
Seller immediately commences injection into Buyer’s tank.
Seller transfers the title of ownership to buyer.
Seller pays commissions to all intermediaries involved in the transaction within 48 hours.