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Offer Details
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Contract Duration
SPOT TRIAL
12 MONTHS
+24 MONTHS
Currency
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EUR (€)
GBP (£)
Shipping Terms
Incoterm
CIF
FOB
TTT
TTV
VOPAK
TTO
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Quality & Inspection
Quality Standard
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Products
Product
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EN590-1 - EN590 10 PPM
EN590-2 - EN 590 Vopak
VBOILSN-01 - VIRGIN BASE OIL-SN150
VBOILBS-01 - VIRGIN BASE OIL-BS150
AGO-01 - AGO-AUTOMOTIVE GAS OIL
GASOLINE - GASOLINE 91-92-95 OCTANES
MAZUT M100 - RUSSIAN MAZUT M100
LPG-01 - LPG
DAP-01 - Di-Ammonium phosphate (DAP)
Pentane-01 - Pentane C5H12
COKE-01 - PETROLEUM COKE
JETA1-01 - AVIATION FUEL FOR GAS TURBINE ENGINES (JETA1)
SULFUR-01 - SULFUR
UREA46 - UREA N-46%
BITUMEN 60/70 - BITUMEN 60/70
VBOILSN500-01 - VIRGIN BASE OIL-SN500
LCO-01 - LIGHT CYCLE OIL (LCO)
ESPO-01 - East Siberia-Pacific Ocean (ESPO)
VIRGIN D6 - VIRGIN D6 FUEL OIL
LNG-01 - LIQUEFIED NATURAL GAS
VIRGIN D2 - VIRGIN D2 FUEL OIL
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CIF Procedure: 1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) addressed to the Seller along with company profile and buyer passport. 2. Seller issues the draft SPA for buyer's review and signing, after Buyer sign SPA, Seller sign and stamp back SPA to Buyer by Email. 3. Seller issues Proforma Invoice to buyer for opening DLC. 4. Buyer’s bank shall issue DLC within five (5) working days for first shipment’s value to seller’s financial bank to enable the seller to commence loading of a product with the shipping company. But if the Buyer fails to issue DLC within five (5) working days, Seller / Refinery can terminate the transaction by sending letter to Buyer email address. (a. The evidence for Buyer bank has issued DLC is copy of ACK SWIFT message with DLC number in PDF. b. The time limit will be 5 working days after SPA signed and stamped by both parties. c. the time limit will for opening DLC will be stated in SPA. 5. After confirmation by Seller / Refinery’s bank, the seller at own expense, charters with shipping/logistic company and alert buyer on shipment ordered graphic/schedule accompanied with the submission of nominated Vessel details to the buyer. 6. Seller / Refinery’s bank responds with contractual operative 2 % PB and full POP to buyer’s bank within seventy -Two (72) hours since buyer’s instrument confirmed by seller’s bank A. Copy of the Port Storage Agreement. B. Copy of the CPA, to Transport the Product to Discharge Port. C. Vessel Q88. D. Original BL (full set). E. Copy of SGS Report. F. Product Quality Passport Quality Certificate. G. Certificate of Product Origin. H. Product availability & Commitment letter to supply the product from Ministry of Energy. I. [ATSC]. 7. Upon successful product confirmation against the SGS Report of Quality and Quantity at the destination port, the buyer makes payment by MT103 or TT ,within 3 banking days. 8. Seller and buyer, within forty eight (48) hours, the seller pays commissions to the seller side and the buyer pays buyer side intermediaries involved in the transaction.
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