Review our officially sanctioned trading workflows for Rotterdam/Houston FOB, Tank to Tank, Tank to Vessel, CIF Sourcing, and Title Take-Over (TTO) acquisitions.
Structured for commercial transactions inside major storage terminals (Rotterdam/Houston/Aktau), allowing direct verification via SGS dip testing.
Buyer submits an Irrevocable Corporate Purchase Order (ICPO) containing working procedures, company registration certificate, signatory passport, and banking details.
Seller issues Commercial Invoice (CI). Buyer signs and returns the CI alongside an official Letter of Acceptance and tank storage credentials (TSA).
Seller issues a copy of the fresh SGS report directly to Buyer's nominated tank farm company for verification with a Confidentiality & Non-Circumvent Letter.
Upon verification of SGS report, Seller leases and pays for Buyer's tank for 3 days, and Buyer pays for 2 days to secure a 5-day Tank Storage Receipt (TSR).
Seller releases complete POP documentation to the Buyer: Q&Q Report, Pre-injection Report, Dip Test Authorization (DTA), Authorization to Sell (ATS), updated SGS Report, Certificate of Origin, and Authorization to Verify (ATV).
Buyer conducts physical dip test inside Seller's tanks. Upon successful testing, injection commences from Seller's tank to Buyer's tank.
Upon completion of injection, Seller issues the full injection report. Buyer makes 100% payment via MT103 TT wire transfer within 48 hours. Title transfer is released, and intermediaries are paid.
Optimized for buyers who have leased tanks in loading port terminals and want a fast injection transfer backed by mutual storage contributions.
Buyer issues an official ICPO along with their valid Tank Storage Agreement (TSA).
Seller issues Commercial Invoice (CI). Buyer signs and returns the CI.
Seller registers the CI with their bank, verifies, and pays 2 days of Buyer's tank storage. Buyer immediately pays an additional 3 days to secure the total 5-day Tank Storage Receipt (TSR) issued in Buyer's name.
Seller injects the allocation into Buyer's tanks and releases the full POP documents: fresh SGS report (within 48 hours), Injection Report, DTA, Certificate of Origin, ATSC, Statement of Availability, and ATV.
NCNDA/IMFPA commission agreements are signed by all intermediaries and registered with the Seller's bank.
Buyer conducts physical verification in the tanks, verifies the POP documents, and makes 100% payment via MT103. Seller transfers the Title Ownership Certificate and a 12-month delivery contract.
Governing the transfer of allocation from port storage tanks directly into the Buyer's incoming chartered shipping vessel.
Buyer issues an ICPO on company letterhead containing working procedures, passport copy, company registration profile, and CPA logistics agreement.
Seller issues Commercial Invoice and Tank to Vessel Injection Agreement. Buyer and their shipping company sign and return, providing the Vessel Q88 and Safety Management Certificate.
Seller releases partial PPOP (Commitment to Supply, Certificate of Origin, Statement of Availability, ATV). Buyer leases the Seller's port tank for 3 days to secure tank clearance and port entry permits.
Seller issues the Dip Test Authorization (DTA). Buyer and their SGS inspection team conduct a physical dip test inside the Seller's port storage tanks.
Upon successful dip test, Seller's storage company issues the Notice of Readiness (NOR). Buyer activates their vessel for the loading process.
Seller injects the allocation into the Buyer's vessel. Seller releases full POP files: SGS report, Pipeline Injection Report, ATSC, and Product Passport.
Buyer verifies the injection reports and completes payment via MT103 TT wire transfer. Seller transfers the Title Ownership Certificate. Parties sign a 12-month roll-over contract, and the 3-day tank lease cost is deducted from the final invoice.
Comprehensive delivery pathway. Seller covers freight, transit insurance, and logistics to the Buyer's desired discharge port terminal.
Buyer issues ICPO and charter profile. Seller issues the draft Sales Purchase Agreement (SPA). Buyer reviews, signs, and returns the SPA.
Seller submits the signed SPA for state legalization at Seller's expense. Seller releases partial POP documents: Statement of Availability, Commitment to Supply, Certificate of Origin, and Product Passport.
Buyer's bank issues DLC MT700 or SBLC MT760 to Seller's fiduciary bank. If the Buyer fails to activate the instrument within 7 banking days, Buyer makes a security guarantee deposit of **$290,000 USD** via TT wire transfer to book the vessel charter (deductible from final cargo cost).
Seller's bank issues the full set of Proof of Product (POP) and shipping documents along with a 2% Performance Bond (PB) to the Buyer's bank. Vessel sails as scheduled.
Vessel arrives at the Buyer's destination port. Buyer conducts independent SGS or CIQ verification testing at their own expense.
Upon successful inspection, Buyer pays the final invoice value via MT103 TT wire. Title of Ownership is officially transferred, and mandates are paid within 72 hours.
Governing the acquisition of a loaded cargo vessel currently in transit on the high seas, followed by re-routing to the Buyer's destination port.
Buyer submits ICPO, registration profile, and passport copy. Seller issues the Title Take-Over Contract (TTO/MOU) addendum for review and signature.
Seller releases cargo POP files: Product Passport, Certificate of Origin, Bill of Lading, Tanker Vessel Q88, Notice of Readiness (NOR), Ullage Report, Cargo Manifest, and Title Transfer Invoice.
Buyer verifies availability of the product on the high seas and completes a security guarantee payment of **$380,000 USD** via wire transfer. This deposit serves as the Title Take-Over Fee.
Upon receipt of the TTO fee, Seller instructs the vessel master to re-route the vessel cargo tanker to the Buyer's desired discharge port. Seller transfers the title to the potential buyer's company name and releases full banking proof of product via SWIFT.
Vessel arrives at the destination port. Buyer conducts independent CIQ/SGS inspection. Upon successful testing, Buyer pays the final invoice via MT103 TT wire transfer.
Ensure your company information sheet (CIS) and financial capability proof (POF) are compiled according to the selected procedure before sending.