EN590 Buy Requirement from United States - 15-Sep-2025

We are looking to buy EN590 10 pp, 100000 MT X 12
months.
My buyer doesn't want any upfront payment and
product is to be delivered to Malaysian waters. Target
price not more than $460 per metric Ton - FOB. see
below procedure that meets clients need.

Official Terms And Procedure On STS:

1. Buyer issues Irrevocable Corporate Purchase Order
(ICPO) with bank details and scanned passport details
along with CPA for seller approval.

2. Upon approval, Seller issues MOU for buyer's
review, sign and return with activated Chartered Q88.

3. Seller issues the Proof of Product documents in
Buyer Company’s name as listed below:
• Certificate of Origin.
• Product quality passport (Analysis test Report).
• Commitment to Supply.
• Bill of Lading.
• Authority to sell and collect (ATSC).
• Cargo Manifest.
• Vessel Q88.
• Shipping Document.

4. Upon receipt of the POP documents, Seller will
instruct the vessel master to re-route the vessel tanker
to the buyer destination Ship to Ship (STS) location.

5. Seller and Buyer signs the title transfer affidavit, and
the title ownership certificate is issued in the buyer’s
company name.

6. Seller instruct vessel master to countersign the
shipping agent Power of Attorney and proceed to send
the complete set of maritime and shipping documents
to enable the buyer shipping agent file for maritime
report and make all preparation to receive the vessel
tanker at destination port terminal.

7. The Seller will provide to Buyer the following
documents:
• Master Authority to Board (MATB).
• Authority to Verify (ATV).
• Unconditional Dip Test Authority (UDTA).
And allow the Buyer & his inspection team to board
the vessel at STS anchorage and conduct inspection,
upon arrival of the vessel tanker at the destination port
and completion of CIQ / SGS Inspection, buyer pays
for full cargo value via MT103/TT Wire within 48
Hours, (Note: After successful inspection, Seller injects
the product to Buyer’s vessel & Buyer pays 100% for
product injected by MT103/TT).

8. Seller pays the intermediaries involved within 24
hours after receipt of payment of the product from the
buyer.

Thank you.

Contact: Mr. Nnamdi Onyenuforo
Company: Furobinc LLC

Posted on : 15-Sep-2025
Posted From : United States

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