Procedures as below:

1. Buyer issues Purchase Order with their valid CPA Agreement/ TSA Agreement for verification.

2. Seller issues MOU with Commercial Invoice for buyers review and signing.

3. Seller issues the Proof of Product documents in Buyer Company’s name as listed below.
• Certificate of Origin.
• Product quality passport (Analysis test Report)
• Commitment to Supply.
• Bill of Lading.
• Cargo Manifest.
• Vessel Q88.

4. Upon receipt of the POP documents, Buyer sends back to seller Valid chartered vessel Q88 or valid tank storage receipt, upon acceptance of the Valid chartered vessel Q88 or valid tank storage receipt the seller will instruct the vessel master to re-route the vessel tanker final destination to the buyer’s STS location or Storage.

5. Seller and Buyer signs the title transfer affidavit and the title ownership certificate is issued in the buyer’s company name.

6. Seller instruct vessel master to countersign the shipping agent Power of Attorney and proceed to send the complete set of maritime and shipping documents to enable the buyer shipping agent file for maritime report and make all preparation to receive the vessel tanker at the destination port terminal.

7. Upon arrival of the vessel tanker at the destination port and completion of CIQ Inspection, buyer pays for full cargo value via MT103/TT Wire within 48Hours.

8. Seller pays the intermediaries involved within 72 hours after receipt of payment of the product from the buyer.