Regarding the below deal, please note the following terms of payment also have to be considered. If you have a buyer ready to move with the same, please advise urgently. We are looking for a quick closing of this deal as the material is available and the seller is willing to cooperate 100%.
TERMS OF PAYMENT
BUYERS BANK WILL ISSUE AN IRREVOCABLE TRANSFERABLE DIVISIBLE UNCONDITIONAL CASH BACKED MT760 OR MT103 23 IN SELLERS FAVOR. THE MT760 OR MT103 23 WILL BE IN THE AGGREGATE SUM OF USD $590/= X 50,000 TONS. THE FUNDS WILL BE RELEASED TO THE SELLER IMMEDIATELY UPON THE PRESENTATION OF THE SHIPPING DOCUMENTS MENTIONED IN THE PROFORMA INVOICE FOR THE 50’000 MTS. SHIPLOAD
DOCUMENTATION PRESENTED FOR PAYMENT
A FULL SET OF THE FOLLOWING DOCUMENTS WILL BE ISSUED IN 01 (ONE) ORIGINAL AND 03 (THREE) COPIES:
OCEAN BILL OF LADING MARKED “FREIGHT PREPAID” AND CLEAN ON BOARD ISSUED TO THE ORDER OF “INVESGOLD CAPITAL MANAGEMENT LIMITED AND CONSIGNED TO “ _____________”.
COMMERCIAL INVOICE (EACH SIGNED IN ORIGINAL AND STAMPED BY SELLER) SHOWING THE COMMODITY NAME, DOCUMENTARY LETTER OF CREDIT NUMBER, B/L NUMBER AND DATE, QUANTITY LOADED, INVOICE VALUE AND
INSPECTION CERTIFICATE OF WEIGHT AND QUALITY, ISSUED BY SOCIÉTÉ GENERALE DE SURVEILLANCE (SGS) OR EQUIVALENT AT PORT OF LOADING SHOWING KIND, QUALITY AND QUANTITY SHIPPED EVIDENCING THAT GOODS ARE IN FULL CONFORMITY WITH SPECIFICATIONS AND CONDITIONS MENTIONED IN PRESENT CONTRACT.
SHIPPING COMPANY STATEMENT CONFIRMING THAT THE AGE VESSEL DOES NOT EXCEED TWENTY (20) YEARS, SEAWORTHY AND FIRST-CLASS P&I CLUB COVERED INSURANCE CERTIFICATE.
CERTIFICATE OF CLEANLINESS OF THE SCUTTLES AND THE HATCHES OF THE SHIP CERTIFIED BY A COMPANY OF INSPECTION APPROVED INTERNATIONALLY.
CERTIFICATE OF ORIGIN ISSUED BY OR ENDORSED BY CHAMBER OF COMMERCE OF THE COUNTRY.
INSURANCE CERTIFICATE COVERING 110% OF THE TOTAL INVOICE VALUE.
FUMIGATION CERTIFICATE AND RADIATION CERTIFICATE.
PHYTOSANITARY CERTIFICATE INDICATING THAT THE GOODS ARE OF A QUALITY ADAPTED FOR HUMAN CONSUMPTION.
PACKING IS SHOWING GROSS/NET WEIGHT AND NUMBER OF OCEAN BILL OF LADING.
CERTIFICATE ISSUED BY VESSEL MASTER/DISCHARGE PORT AUTHORITIES EVIDENCING ARRIVAL OF VESSEL IN DISCHARGE PORT
We have 2 x 5,000 MT of ICUMSA 45, refined white sugar from Brazil available on vessels/ high seas. This material can be routed to your buyer's preferred destination port based on below procedure. The price offered by the seller is USD 590. Overpricing is also allowed and has to be agreed to be shared 50:50 with the seller.
Total quantity available is 2 x 25,000 MT; current location close to Ghana and ETA for Dubai should be max of 12 to 15 (estimated on the higher side) after the proforma invoice is deposited by the buyer with his bank and all bank to bank verification is done which normally is quick. Material can be offered as individual vessels to 2 buyers for different destinations or to single buyer with 2 different destinations.
Buyer accepts the price and terms as mentioned.
Buyer issues ICPO with Bank Co-ordinates & all details as per ICPO format attached in this email . (An NCNDA signed and stamped may be sent along with it by you)
Upon receipt of ICPO with Bank Co-ordinates from Buyer, Seller will issue Proforma Invoice within 24 hours.
Buyer deposits the Proforma Invoice with his Bank post which Seller Bank confirms all the relevant documents available to conclude the deal i.e Bill Of Lading , Complete Insurance,Shipping details and SGS Certificate.
As this is High Sea Deal NO LC is required, as the payment can be made swift from Bank to Bank along with exchange of Shipping Details & all documents.
Shipment is routed to Buyers Port of Destination
Price quoted to buyer can be more then USD 590; the Buyer's mandate to make a request for sharing overpricing (50% - 50 %) above $590 between him & the end seller on the same email which has the ICPO signed by the buyer. NCNDA to include the dollar value of Buyer Mandate's share for overpricing for the end seller approval.
This is available on first come basis; so please make quick progress with your buyer to secure the material. Feel free to discuss with me if you have any queries.