19 January 2008

offer m100

M100-75

Term of validity 31ST January

*All the prices quoted are adjustable without prior notice, subject to market fluctuation

PRODUCT:Russian Mazut M100

SPECIFICATIONS:GOST 10585-75

ORIGIN:Russia / CIS

PRICE:CIF ASWP / Payable at loading port. [UPDATE ON 6TH DEC 2007]
50,000 mton x 12 = USD 485
100,000 mton x 12 = USD 480
300,000 mton x 12 = USD 470
500,000 mton x 12 = USD 460
1,000,000 mton x 12 = USD 450

†Commission of o.5 dollars for company f.h.u pro and 4.50 dollars buyer side is included.
†Non-transferable terms of payment should be increased 10 dollars.

PAYMENT TERMS:By the IRREVOCABLE, TRANSFERABLE (NON-TRANSFERABLE), REVOLVING DOCUMENTARY LETTER OF CREDIT, Issued and confirmed by one of 50 WORLD PRIME BANK and payable 100% at sight against SGS inspection report with shipping document which is seller provide.Documentary Letter of Credit covered by the price of monthly batch.


INCORTERM:CIF ASWP. CIF mean that it include all costs to destination port paid by seller

PB:2% max. Seller opens 2% PBG after receiving in Sellers Bank non- operative LC from the Buyer.Not allow upfront PB.


INSPECTION:SGS, CCIC certificates of quality and quantity, radioactivity and al shipping documents listing in the Contract would be issued in the port of loading.

POP:Seller give POP before buyer’s payment instrument.

DESTINATION PORT:Any Safe World Port, to be determined by Buyer

DELIVERY PERIOD:30 to 45 Days after receipt of Operative LC/BG for the First Shipment and 30 Days for subsequent shipments

DOCUMENTS FOR PAYMENT:
{1}Bill of Lading - 3 first copies and 3 original copies;
{2}Commercial Invoice (indicating the net-quantity as per the B/L) - 3 first copies and 1 original copy;
{3}Certificate of Origin, issued by Russian Government - 1 first copy and 3 original copies;
{4}Assay Certificate duly signed by Russian Government - 3 first copies;
{5}Certification of Weight and Quality, issued by inspection organization appointed by the Buyer at port of discharge;
{6}Export permit certificate from the country of origin;
{7}Beneficiary’s certificate confirming that copies of all shipment dates were sent to Buyer’s Bank and the Hard Copies have been sent by (DHL) or similar;{8}Packing list showing gross/net weight and number of ocean bill of Lading;

PROCEDURES:Procedure shall be in accordance with the chronological procedure and rules promulgated by the International Chamber of Commerce (ICC), Paris, France for the sale and purchase of crude oil and petroleum products.

{1}Buyer’s issues LOI or ICPO on company Letter head with permission for Soft Probe.address to : Tingle Brothers att: F.H.U PRO
{2}Seller issues FCO or Draft Contract in the name of Buyer and the Buyer signs seal and return to Seller with BCL or BRL.- BCL/BRL is buyer option.
{3}Before Buyer signs and seal and returns. Seller sends past POP directly to buyer as refer in above POP article.- Past POP is seller option against buyer’s BRL/BCL.
{4}Seller forwards Final Sales Contract signed and sealed to Buyer.
{5}Seller issues and Intermediaries sign IMFPA.
{6}Buyer opens the pre-advice DLC/BG.
{7}Within 3 banking days, Seller’s sends soft Proof of Product (POP) along with non operative PB to buyer.
{8}The buyer’s BG/DLC shall be activated automatically.
{9}Seller bank response and swift PROOF OF PRODUCT to Buyer bank. From the date of operative Performance Bond 2% receipt in Buyer’s Bank.
{10}Seller agrees that the 2% Performance Bond (PB) will be activates the Financial Instruments after receipt of the Buyer’s Operative Financial Instruments. PORT INSPECTION: Seller sends Invitation to Buyer for port inspection, SGS, CCIC, B/L. All certificates or documents will be issued at the port of loading.
{11}The first shipment will commence no later than (45) days from date of issued Operative Letter of Credit. The remaining consignments will be shipped in each (30) day periods.
{12}Effect of payment for each consignment shall be effect within Five banking days after all shipping documents.
o

- about documents (guidelines)

To be able to proceed, we need in all cases a detailed LOI issued from the buyer or from the seller. This is not because we love paperwork. This is to save time and to work efficiently.
A professional LOI contains ALL informations which are needed to get a professional and fast response.

Immediatly it is clearly to be seen,

-who wants to buy or sell what (including specification),

-under which conditions

-in which amount(s)

-for which (target-)price

-with which procedure

-under which payment terms

-whith which payment instrument(s)

-for which destination (of which origin)

-by using which bank(s)

-for which timeframe

-on seller's or buyer's ORIGINAL letterhead

-never sanitzed








Don't .......

Don't ask for photos, we are no photo-agency and they aren't worth the sending as they proof nothing.
Don't ask for a "past performance" as it says nothing about the seller's ability to supply tomorrow.
Don't ask for pricing without a buyer's LOI......
Don't ask for a FCO without having a positive response to your buyer's LOI.
Don't believe that the sending of a LOI automatically causes the sending of a FCO or draft contract.
Don't send a mail and ask 5 min later, whether it arrived and we have worked on it.......
Don't think we are machines that do not need to sleep, eat....
Don't believe there were no weekends in western europe when offices are closed (...saturdays and sundays...)
Don't think we had no other person besides you to talk to ..... (your inquiery is important for us, but it is NOT the only we are busy with....)
Don't think that deals about several millions of USD are closed within minutes, hours or a day ......
Don't start an inquiery by telling what commission you have to get .... (no contract closed - no commission - no discussion)....

LOI or ICPO.. see below a few informations what we expect
Guidelines to note when preparing documents
(please take notice as we lose a lot of time by 'wrong documents'...)

LETTER OF INTENT (LOI)

1. Freshly dated (not older than 3 working days)
2. The format should be PDF File
3. The letter head is genuine, check for any signs of cut and paste or scan and edit. In the letterhead we need complete company name, adress, phone number, fax number and email adress
4. The LOI may be adressed to F.H.U PRO - b2b group deutschland
5. We need the quantity, duration, destination port, price idea, specification and origin, and banking details
6. The documents must be signed and stamped

IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO)

1. Freshly dated (not older than 3 working days)
2. The format should be PDF File
3. The letter head is genuine, check for any signs of cut and paste or scan and edit. In the letterhead we need complete company name, adress, phone number, fax number and email adress
4. The informations must be detailed and we need a specification
5. The ICPO may be adressed to 'the seller through F.H.U PRO b2b deutschland group'
6. Bankers information must be the same as the to the company ordering and as stated in the letter head, if different, then it must be accompanied by a letter of the owners of the bank account attached to the ICPO staiting their authorization of the purchase
7. The documents must be signed and sealed