Crude Oil (Sellers) Published date: January 20, 2019

Are you a seller and do you have a vessel on Ghana Waters like say 2 million barrels you're looking to seller. Well I am interested in your vessel and we can close a deal within 24 hours. However there is a condition that will benefit all of us if indeed you mean to sell. So may be your vessel has been stack here for weeks looking for a buyer. What you must understand is that there are so many NNPC vessels floating around our waters and part of the reason this is that sellers have become so predictable, buyers in Ghana don't believe product exists. Nigerian sellers always want either instrument, or BcL or managers cheque etc. No buyer will involve their bank to close any deal buyer has not seen or verified and as long as you claim your vessel is already on Ghana waters and has not announced itself why not change course by relaxing your procedure by removing unnecessary impediments just to close the deal. So here is what I propose, if you want to sell you product adapt my buyers procedure and discount below and I guarantee you 100% success.

DISCOUNT: $12-4
TTO PROCEDURES WITH BOARDING OF S/CARGO & INSPECTORS IN TEMA, GHANA
1. Buyer and Seller sign and seal this contract (SPA) including banking coordinates and buyer shall return the said contract. The electronic signed copy by both parties is considered legally binding and enforceable and must not be changed.
2. Buyer returns copy of the SPA with ATB/NOR format, Tugboat details, Supercargo Passport copies, Inspectors and Supercargo Details.
3. Seller instructs his Captain to issue Marine ATB for Buyers Inspectors and Supercargo to board within 12 Nautical miles Tema, Ghana. Upon receipt of the MATB, Buyer obtains Clearance from Ghana Navy and Ghana Maritime Authority for Vessel to anchor within 12 Nautical Miles of Tema Waters for QandQ analysis by SGS Ghana or Intertek Ghana.
4. Captain announce Vessel arrival to Tema Port Control (TPC) on VHF Channel 14 and 16 , and shall keep its AIS Systems open for Tema Port Control to call back vessel to complete announcement process. Vessel shall anchor at the coordinates provided to Captain by TPC within 12 Nautical miles of Tema Waters for SGS or Intertek Ghana Inspectors and Supercargo boarding to conduct Q and Q.
5. Vessel Captain also opens radio communication with Tugboat “Help Marine” on VHF Channel 14, to coordinate timing of boarding with SGS or Intertek Inspectors and Supercargo and Vessel Master.
6. Buyers’ team conducts QandQ analysis at Buyers cost and provides the report to Seller. Within 24 hours of QandQ , Buyer release the result of the QandQ to Seller/ Sellers bank, secure vessel and release $400,000 (FOUR HUNDRED THOUSANDS DOLLARS) to Sellers Bank without delay for logistics .
7. Seller facilitates the re-charter of Vessel by linking Buyer to the Vessel handlers to possess the cargo. Buyer pays directly to the Vessel owners the cost of the chartering the vessel.
8. Within 48 hours of final Q and Q report, Seller releases Commercial Invoice to the Buyer and copy all brokers both in buyers side and Sellers side , according to the signed SPA . All documents are sent to the Buyers bank including Inspector’s Report for payment via MT103, covering total Cargo value, less $400,000 in favour of Seller.
9. Within 72 hours maximum, Buyers bank swift payment of full Cargo value balance in accordance with LC to the Sellers bank and Brokers/ Facilitators according to the terms of signed Contract and Commercial Invoice.
10. All original documents are made in Buyer’s name and release to the Buyer’s bank/ Captain of the vessel. Seller makes sure that all Brokers /Facilitators in the signed Contract are paid. All brokers/ facilitators confirm their payments before allowing cargo to sail.
11. Cargo sails to Buyers nominated destination port and transaction is completed.

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