Terms and Conditions
SHIPPING TERMS FOR SALE:
CIF (Cost, Insurance and Freight) in accordance with INCOTERMS 2000.
SHIPMENT SIZE:
• 12.500 MT
• 25.000 MT
• 50.000 MT
We do not accept orders if conditions of the Buyer are less or more of ours vessels.
DELIVERY TERMS:
Any Port on CIF (from 30 to 45 days after acceptance of Buyer's Non - Operative L/C) but Non USA Sanctioned Ports.
DURATION OF THE CONTRACT:
We can not guarantee the price for more than 12 months so please, we only accept 12 months of duration of the contract.
PAYMENT MODE:
You will find this in any form of the LOI.
PERFORMANCE BOND:
Only 2% and we will not change this condition, so please do not ask!
INSPECTION FOR QUALITY AND QUANTITY:
Société Générale de Surveillance (”SGS”) at Seller cost performed at Loading Port for Quantity and Quality Specifications, at Seller's expense.
SHIPPING DOCUMENTS:
1. Signed Commercial Invoice.
2. A Full set of three (3) Originals of on–board ocean Bill of Lading. The Bill of Lading signed by ship master and issued or Endorsed ”TO THE ORDER OF” or Buyer showing destination, identification of the Loaded Cargo with Quantity expressed in Metric Tons – Three (3) Originals plus 3 N/N Original Copies.
3. Original Quantity and Quality and grade Certificates issued by SGS or equivalent Independent surveillance organization mutually Agreed – One (1) Original plus 3 Copies.
4. Master of Vessel Receipt of Cargo – One (1) Original plus Three (3) Copies.
5. Certificate of Origin plus Three (3) Copies of Counter signed by local Chamber of Commerce.
6. One (1) Original and Two (2) Copies of Non-Radio-Activity Certificate.
7. Other Documents Agreed by Buyer and Seller.
