Never, never give up!
Never, never give up!

Attention for all of our new Buyers

Important information for all of our prospective Buyers:
 

Our company is a facilitator to assists to supply Crude oil/Petroleum products/LNG/LPG to Buyer.

We have to clarify some important key-moments, before start any cooperation:

 

TARGET PRICE
The prospective Buyer must give us his/her Target Price before exchanging of documents.


PRINCIPAL - an individual or legal entity authorizing another person to act as an Agent.
 

PROCEDURE: up on Request or in SCO

 

FINANCIAL INSTRUMENT

If Buyer signs SPA only for one shipment - He/her may issue DL/C
If Buyer signs SPA for 12 months - He/her needs to issue SBLC.

 

PRICE

All prices are in Platts, we will discuss with Sellers/Suppliers
only exactly price in FCO as Platts - some Discount or Platts plus some Premium.

OUR COMMISION (IMFPA): according to signed IMFPA
 

ABREVIATIONS:

KYC

Know Your Client

DD

Due Diligence

LOI

Letter of Internet 

ICPO

Irrevocable Confirmed Purchase Order

SCO

Soft Corporative Offer

FCO

Full Corporative Offer

SPA

Sale & Purchase Agreement

IMFPA

Irrevocable Master Fee Protection Agreement

SGS

SGS is the world's leading inspection, verification, testing and certification company.

PPOP

Partly POP (including SGS Q&Q inspection)

POP

Proof of Product

SBLC

Stand By Letter of Credit

DL/C

Documentary Letter of Credit

NCND or NDA

Non-Circumvention, Non-Disclosure & Working Agreement

MTC Mill Test Certificate (including LLoyd and BV) for shipyard and ship repair
MOQ
Minimal Order Quantity