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D2 Spot (Offer to Sell) Combrokerage771 Trade Lead Description: Below are the procedures for our seller's spot and contract purchases of oil products. They begin after the receipt of the NCND that have been exchanged, and the ICPO has been accepted. Again, we go from the ICPO to contract..no FCOs this way. These are non-negotiable. Regards Michael A. Pesqueira SPOT PROCEDURES: 1. SELLER issues draft contract, and both PARTIES sign contract. 2. Buyer's Bank issues Bank Comfort Letter to Seller's Escrow Agent stating that Buyer has the funds available to purchase the entire spot purchase in USD per Metric Tons. 3. SELLER'S Escrow Agent at Seller's Bank issues Proof of Product. 4. BUYER issues MT 103 Payment in care of Chase Bank and Escrow Agent. 6. BUYER makes clearance at port for receipt of product and remits copies of proper licenses, permits, and pays for storage once current rented storage expires, transportation, etc. at the Houston Port. 7. SELLER unloads inspected cargo as out-turned barrels from tanks, pipelines, and vessels delivering to the Port, if necessary. Posted from US - California on 2 November, 2007   Type of Offer: Offer to Sell Quantity: 100,000 -15,000,000 MT Packaging: Not Specified Price / Incoterms Conditions: Not Specified Company Name: Combrokerage771 Contact Person: Michael Pesqueira Location: US - California Hotels in California, US Companies from US Trade Leads from US Products from US Classification: Chemicals - Petroleum Products: Fuel Oil Contact Information Join Now or Login to contact Trade Lead Poster!   Similar Trade Leads: D2 Spot Deal D1 - D2 - JP54 "SPOT BUYS" D2 and JP 54 Spot Buys D2 - 60 MILLION MT - SPOT SPOT D-2 More D2 Spot Trade Leads Related Site Sections: Company Directory: Chemicals - Petroleum Products: Fuel Oil Biz Keywords: Chemicals - Petroleum Products: Fuel Oil Product Showroom: Chemicals - Petroleum Products: Fuel Oil Latest Business News ODP: Business: Chemicals ODP: Business: Chemicals: Import and Export ODP: Business: Biotechnology and Pharmaceuticals View More Trade Leads Search For: Trade LeadsCompaniesProducts World Trade Database or and exact phrase Combrokerage771 Regular Member 5 Trade Leads posted 0 Current Products Members Login  E-Mail Address:    Password:     Store my password  Forgot password?  Can't login?  Not a member?  Register for FREE! Business News Browse by Continent Advertisement What's New? Companies Products Trade Leads Buying Requests Selling Offers Opportunities Popular Searches petroleum buyers fuel oil buyers diesel buyers d2 buyers jp-4 buyers m-100 buyers heavy fuel oil buyers lpfo buyers jet fuel buyers refinery buyers Quick Links   Home   Browse by Country   Browse Trade Leads   Browse Companies   Browse Products   Browse Biz Keywords   ODP Directory   Partner / Trade Links Advertisement ------ Quick ------ Advertisement Have a Website? More Resources