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Fco 107 - Cif Bilbao Port Spain

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Lukeny Trindade
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174 views3 pages

Fco 107 - Cif Bilbao Port Spain

Uploaded by

Lukeny Trindade
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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FCO

Full Corporate Offer

Nº: 2023-107
Delivering Terms: CIF BILBAO SPAIN

En590 10ppm Low Sulphur Diesel

Trial order 250.000 MT follow by Monthly shipment of 250.000 Metric Tons subsequent lift a
Year, in total 3.250.000 MT, with role and extension.

Company Name: GLOBAL AFRICA INVESTIMENTOS LTD.


Address: Address: Avenida Kwong Tung, Edif. Hung Ip, 12. andar “ B” , Taipa, Macau. China.
Telephone Number: +853 66838832 / +351 925434614 / +351 938847500
E-Mail: [email protected] / [email protected] / [email protected] /
[email protected]
Represented by: Jesus Gonçalves Lisboa
Title: CEO

HEREIN AFTER REFERRED TO AS THE BUYER

Company Name: NORK (ingenieria & comercio international)


Address :C/ Gurutzegi nº12 - Oficina 16, Polig. BELARTZA, 20018 SAN SEBASTIAN – SPAIN
Telephone Number: +34 943 43 01 38
E–mail address:[email protected]
Represented by:
Title:CHAIRMAN

DISCHARGE TERMINAL: CIF BILBAO PORT, SPAIN.

QUANTITY
Commodity: En590 10ppm Low Sulphur Diesel - Trial of 250.000 MT and 250.000
MT monthly per shipment follow by subsequent lift a Year in a total of 3.250.000 MT, with
role and extension, a variation of plus/minus (5%) five percent (tolerant) as per Seller’s
option.

PRICE
CIF PRICE BILBAO SPAIN USD $650 USD/MT
TRANSACTION PROCEDURE ON CIF (DELIVERY STATED IN SPECIFICATIONS)

1.Buyer issues ICPO with this procedure incorporated on the ICPO along with Buyer’s
company registration certificate.

2. Seller Issues Sale & Purchase Agreement (SPA), amend (if necessary), signs and return the
SPA in WORD format to Seller within 3 banking days. Seller sends final SPA to Buyer in PDF
format; Buyer confirms final SPA and issues letter of acceptance of the final SPA.

3. Seller issues to Buyer via email the following transaction documents:


a. Commitment to supply
b. Statement of product availability
c. ATSC, Buyer confirms the receipt of the documents by mail and issue confirmation letter
within 24hrs.

4. Seller makes arrangement for the chartered freight with a renowned shipping company
for the transportation of the product to buyer designated discharge port, both Seller and
Buyer sign the Charter Party Agreement (CPA) together with the shipping company (A three-
party CPA) this is applicable only for 1st shipment (Seller & Buyer). Pays CPA cost 50/50 via
T/T wire transfer directly to the shipping company. (The fee would be deducted when the
Buyer is paying for the total product cost).

5. After completion of the above, Seller issues to Buyer product title transfer agreement,
Buyer signs, and returns. Seller legalizes the joint Contract with the authorities in charge and
sends to the buyer the legalized contract, the certificate of product title transfer, and then
proceeds with the port & custom clearance of product and all internal routines operations
accordingly.

6. Upon completion of the above and confirmation of this export approval by the Authority
to Seller with the endorsement of the Charter Party Agreement (CPA) and the Shipping
Schedule by the Port Authority to enable Seller to release the below Proof of Product
Documents:
a. License Export
b. Product Allocation Certificate
c. Allocation Title Transfer Certificate
d. Export Approval
e. Legalized Charter Party Agreement (CPA) with the Loading Port Authority.
f. Injection Report
g. Tank Receipt
h. Dip Test Authorization

7. The product SGS inspection charges will be borne by the Seller at the loading port. Seller
invites buyer for visitation to witness the final inspection and TTM for negotiation of the
future transaction (Optional to Buyer). Seller signs NCNDA/IMFPA between all
intermediaries involved with the notarized copy sent to Seller's bank with the comissions
$USD 2,00/MT to pay from Seller side and $USD 2,00/MT to pay by Buyer’s side.
8. Loading & Shipment of the product commences as per schedule. Upon Vessel’s arrival and
finalization of SGS at the destination port, Buyer release payment via swift fund transfer
within 3 to 5 banking days to Seller for total shipment value after discharge of product at
destination port and receipt of the entire relevant shipping and export documents. Seller
within 48 hours pays the intermediaries involved according to signed & notarized IMFPA.

The parties hereby agree, to respect the mentioned “Sales and Purchase Agreement”
accepted signed sealed as below on Date December 30, 2022

« SELLER » « BUYER »

GLOBAL AFRICA INVESTMENTOS, LTD.


Stamp &Seal

SIGNED BY:
Represented By: Jesus Gonçalves Lisboa Title:
Title: CEO Corporate Seal:
2023.01.19 Date:

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