TRANSACTION: TTO/ TFD INSTRUMENT: SBLC PRICE: $750/ 10 TRANSACTION PROCEDURE TTO LOME/ TFD 1.SELLER ISSUES SPA WITH PPOP TO BUYER,BUYER SIGNS AND RETURN WITH SUPERCARGO AND INSPECTOR DETAILS,WITH TANKS FARM DETAILS AND NOR ,ATB FORMART 2.BUYER ISSUES STANDBY LETTER OF CREDIT (SBLC) TOTAL CARGO 3.UPON COMFIRMATION OF THE SBLC MT760,VESSEL SAIL TO PORT OF DESTINATION […]
TRANSACTION: CALL & LOAD INSTRUMENT: NOTARIZED INDEMNITY PRICE: N580/5 PROCEDURE FOR AGO CALL AND LOAD LAGOS WATERS @#580/5 1. Seller sends SPA and buyer signs and returns with vessel details and ATL with a scanned copy of the cheque of 5m for security. 2. Seller asks the captain to open communication with the receiving vessel […]
TRANSACTION: TTO INSTRUMENT: PRE-ADVISE SBLC/ BG/ BF/ DLC PRICE: $610/10 NON-NEGOTIABLE TTO PROCEDURE FOR LOME WATERS. 1. BUYER ISSUE LETTER OF INTENT (LOI) TO RECEIVE SPA. SELLER ISSUES SPA AND BUYER SIGNS AND RETURNS SPA WITH BUYER’S PASSPORT DATA PAGE AND COMPANY REGISTRATION CERTIFICATE. WITH BUYER’S CIS TO ISSUE SBLC/BG/BF/DLC VERBIAGE AND SPECIFICATION VERY IMPORTANT. […]