Min. Qty is 50,000 MT for all products except Jet Fuel with Min. Qty of 2M BBL and Min Contract Period is 12 months. FOB GERMANY: VTO (Vessel TAKE OVER) PROCUREMENT PROCESS 1. REQUEST 1.1. The Buyer Issues A Letter Of Interest Or The Request For Product Application. - The Letter Of Interest Or The Request For Product Application Shall Consist Of Product Name, Volume, Discharge/retrieval Port, Specification(s), Collateral Instrument Issuing Bank Name, Company Information, Etc. 2. Commercial Offer 2.1. The Seller Issues A Commercial Offer. -The Commercial Offer Exhibits Information Such As Specific Prices, Volume, Load/discharge Ports, Delivery Timeline, Product Specifications, Etc. 2.2. The Buyer Formalizes And Returns The Commercial Offer In Conjunction With A Banker Signed Ready Willing And Able (rwa) Letter Stating, The Banker Shall Issue A Collateral Instrument On Behalf Of The Buyer. 3. Sales Agreement 3.1. The Seller Issues The Sales & Purchase Agreement. -The Sales & Purchase Agreement Exhibits Information Such As Price, Index Discount, Volume, Load/discharge Ports, Delivery Timeline, Product Specifications, Banking Coordinates, And Other Tacit Data. -The Delivery Timeline Is Contingent On The Volume, Load/discharge Ports, And Vessel Availability. 4. Formalization/banking 4.1. The Buyer Formalizes And Submits The Sales & Purchase Agreement Within (3) Business Days. 4.2. The Sales & Purchase Agreement Is Lodged With The Buyer's And The Seller's Bank. 4.3. The Buyer's Banker Transmits A Pre-advice Via Swift MT799. 4.4. The Buyer's Banker Transmits The Collateral Instrument Via Swift MT760. 4.5. The Seller's Banker Issues A 2% Performance Bond. 5. Loading/documentation 5.1. Subsequent To The Validation Of The Collateral Instrument, The Sellerloads The VESSEL (At Own Expense) And Issues The Product & Delivery Documentation. -Product & Delivery Documentations Are Submitted Digitally And Via Courier When Created. Documentation Comprises Of, But Not Limited To; Charter Party Agreement, Vessel Questionnaire 88, Vessel/product Insurance Policy (lloyds), Commitment To Supply/commercial Invoice, Statement Of Product Availability/certificate Of Origin, Bill Of Lading/cargo Manifest, Ullage Report, Certificate Of Quality, Notice Of Readiness/eta To Destination, Etc. -The Buyer May Track And/or Communicate With The Vessel At Their Convenience. 6. Delivery/discharge 6.1. The Seller Issues The Authorization To Board (ATB) And The Dip Test Authorization (DTA). 6.2. The Buyer Executes An Mt103 Wire Transfer Within 24 Hours Subsequent To The Quality/quantity Inspection (optional) And In Accordance With The Final Invoice. 6.3. The Seller Transfers The Certificate Of Ownership (title) Subsequent To The Receipt Of Payment. 6.4. The Buyer Takes Over The Vessel. 6.5. Vessel Departs
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Lab Chemicals International Limited (LCIL)
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Business type - Contact Seller
Gasoline, EN590, JET A-1 - German Origin VTO is a diesel product offered under a FOB Germany VTO (Vessel Take Over) procurement process. The seller states a minimum quantity of 50,000 MT for all products except Jet Fuel, which requires a minimum of 2M BBL, and a minimum contract period of 12 months. The process begins with the buyer issuing a Letter of Interest or Request for Product Application, followed by the seller issuing a commercial offer, the buyer formalizing it with a banker-signed RWA letter, sales agreement issuance, banking formalization including SWIFT MT799 and MT760, a 2% performance bond, and subsequent vessel loading at the seller's expense after collateral validation.
At Global Trade Plaza, we understand that quality is paramount in the B2B sector. As updated by the seller, the Gasoline, EN590, JET A-1 - German Origin VTO is manufactured to meet rigorous industry standards, ensuring reliability and performance for your business operations. Designed with businesses in mind, the product offers outstanding end user experience. As your business grows, so do your needs, hence it is designed to scale with you, offering flexible solutions that adapt to changing demands. Explore more such product varieties from sellers, suppliers, manufacturers and exporters at our website. You can even import or export Gasoline, EN590, JET A-1 - German Origin VTO or connect with global Importers and Exporters online.
Lab Chemicals International Limited (LCIL) is a premier leather products export company, established in 2010 and based in United Kingdom. With a decade of experience, Lab Chemicals International Limited (LCIL) has built a reputation for delivering high-quality leather goods to clients across the globe. The company specializes in a wide range of leather products, including bags, wallets, belts, and custom leather accessories, all crafted with precision and attention to detail. Leveraging advanced manufacturing techniques and stringent quality control processes, Lab Chemicals International Limited (LCIL) ensures that each product meets the highest standards. The company’s commitment to excellence, timely delivery, and customer satisfaction has made it a trusted name in the international market.Lab Chemicals International Limited (LCIL) continues to expand its global footprint, exporting its superior leather products to various countries, while maintaining strong relationships with clients worldwide.
The trusted supplier, Lab Chemicals International Limited (LCIL), accepts for transactions related to Gasoline, EN590, JET A-1 - German Origin VTO. All payments are processed securely via the Global Trade Plaza B2B platform, ensuring buyer protection and supplier credibility.
Placing an order for Gasoline, EN590, JET A-1 - German Origin VTO with Lab Chemicals International Limited (LCIL) is quick and straightforward on Global Trade Plaza, a leading B2B marketplace for global buyers and suppliers. You can:
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Lab Chemicals International Limited (LCIL), a reliable B2B trader from United Kingdom, dispatches Gasoline, EN590, JET A-1 - German Origin VTO primarily through the port at United Kingdom. Packaging types (e.g., bulk, custom, eco-friendly) and estimated pricing may vary based on order volume and destination. To get detailed logistics and pricing information, reach out via the Inquire Now button or Sign Up for direct supplier interaction.