TTT Procedure
Price Discount: $14/4.
BUYER SIGNED SPA AND RETURN WITH ALL VESSEL DOCUMENTS, Q88, CPA ATL WITH AN INSTRUMENT NOT LESS THAN $100M (SBLC) OR A CASH OF $80K ORIT EQUIVALENT IN NAIRA.
SELLER CONFIRM ALL OF THE ABOVE INCLUDING DOCUMENTS AND ISSUE NOR TO BUYER'S VESSEL TO LONGSIDE WITH THE PREGNANT VESSEL, BUYER CAPTAIN ACKNOWLEDGE THE NOR AND BOTH CAPTAINS COMMUNICATE AND DECIDE ON STS POINT, UPON SUCCESSFUL LONGSIDE AND TIE-UP/ CONNECTING OF HOSE BUYER PAY 50% BEFORE TRANSHIPMENT, UPON SUCCESSFUL COMPLETION OF TRANSHIPMENT BUYER INSPECTOR TAKE SAMPLE FOR Q&Q ON THE BUYER'S VESSEL.
NOTE: ÀLL MONEY PAID IN ADVANCE ARE REFUNDABLE ON TOTAL CARGO PAYMENT.
UPON SUCCESSFULLY OUTCOME OF THE Q&Q RESULTS, BUYER PAY THE BALANCE OF 50% BASE ON THE Q&Q RESULT BEFORE DISCONNECTING OF HOSE AND ALL DOCUMENTS IS ISSUE TO BUYER IN HER NAME.
BOTH VESSELS SAIL TO THEIR SEPARATE DIRECTION.
TTT PRICE : $15/4
BERTH CHARGES, DUTIES AND TAXES AT DISPORT
THE BUYER SHALL BE RESPONSIBLE FOR ALL DUTIES AND TAXES LEVIED ON CARGO BY THE AUTHORITIES OF THE COUNTRY OF DISCHARGE. TITLE SHALL PASS FROM SELLER TO BUYER WHEN THE COMPLETE DISCHARGE OF CARGO IS MADE TO THE BUYER.
[8/19, 5:25 PM] Chief Destiny Gh: PROCEDURE FOR BLCO ( GHANA WATERS ) TTO DOLLAR DEAL.
PRICE : $12/$4
1. SELLER GIVES BUYER SPA. BUYER SIGNS AND RETURNS WITH ATB FORMAT/ SUPERCARGO AND INSPECTORS DETAILS
2. BUYER AND SELLER STAY TOGETHER IN PORT HARCOURT. BUYER RELEASES #200M CASH TO SELLER.
SELLER LOADS HIS VESSEL WITHIN 2 DAYS AND MOVE TO GHANA WATERS AND STOP AT 10-11 NAUTICAL MILE OFF TEMA PORT GHANA WITHIN 3DAYS, THATS A TOTAL OF 5DAYS.
3. ON ARRIVAL INTO GHANA WATERS, SELLERS CAPTAIN MAKES ANNOUNCEMENT TO HABOUR MASTER ON BEHALF OF BUYER.
4. SELLER INSTRUCTS HIS CAPTAIN TO ISSUE MATB / CLEARANCE TO BUYER SUPERCARGO AND INSPECTOR.
5. SUPERCARGO CONFIRMS PRODUCT AND BUYER PAYS LOGISTICS OF $1M DOLLARS FOR DOCUMENTATION, WHILE SUPERCARGO REMAINS ONBOARD THE VESSEL
6. INSPÈCTORS TAKES SAMPLE FOR Q/Q ANALYSIS
7. AFTER A SUCCESSFUL Q/Q ANALYSIS, BUYER PAYS FOR THE TOTAL CARGO LESS THE INITIAL PAYMENT MADE AND ALSO PAYS THE AGENTS AND FACILITATORS SIMULTANEOUSLY.
8. SELLER INTRODUCES BUYER TO VESSEL HANDLERS FOR RECHARTER AND BUYER TAKES OVER THE VESSEL AND MOVES TO PORT OF DISCHARGE.
TRANSACTION ROLLOVER.