BELOW I AM SENDING YOU DETAIL OF PROCEDURE AND ALL THE TERMS AND CONDITIONS

the contractual shipments procedure starts when trial arrive to the unloading port and the inspection is carried out successfully

DURATION OF THE CONTRACT:*2 Months Expandable up on mutual agreement by both parties.

PRICE: USD$4,**0.*0 per ton, Incoterms ***0.CIF

The price indicated will be fixed in whole time of contract. 

 

LOADING PORT: Dar Es Salaam Tanzania,

 

DELIVERY: Delivery date is Bill of Lading date.

Within *1/*0 Banking days after the Seller Financier receive the **0% Irrevocable, Confirmed, LC MT**0 from the Buyer Bank.

 

5. Procedure:

1. Seller send draft contract to Buyer to fill in signed and resend to Seller in PDF file.

2. The   Buyer sends draft LC to Seller for approval.

3. After Seller approved the Buyer Issue Letter of Credit via SWIFT

4. Buyer issues **0% Irrevocable, Transferable, non-operative LC MT**0 (DLC) within Five (5) days after the contract is signed by both parties and draft approved by Seller.

5. Seller Financier is to issue 2% Performance Bond (PB) to Buyer within Five (5) days after getting the LC MT**0 from Buyers Bank, to activate Buyers non operative DLC

6. This procedure is performed for shipment until the completion of this contract.

 

 

6. Inspection: 

 

Both Parties hereto hereby agree to a maximum of minus 0.*1% tolerance as to the purity of the Copper mill berry as will be determined by the qualified, licensed Quality Inspector approved by both Parties hereto.

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Pre-shipment Inspection (PSI) Model by SGS or similar, at Buyer expense. (What is PSI?)

The re-inspection in the unloading port is with the expense of the Buyer. The Buyer has to procure it the same international laboratory that performed the inspection at source. The Seller or its representatives may attend the re-inspection at the port of destination, at their expense. The re-inspection at the port of destination shall be binding on Buyer and Seller. Seller billed according to analytical and weight made in the re-inspection of destination, maximum within 7 (seven) days after the arrival of the goods.

 

EXPRESS LIABILITY: The Seller is responsible for the goods expressly recruited through here. If the goods, upon arrival at the port of destination, are different from the status of loading, which is inspected and certified by CCIC/SGS/AK/BV at the port of loading, due to some strange incidents and/or circumstances indicated below, the Buyer has the right to make an immediate claim to the Seller with the evidence materials, including photos and/or video recording of the goods at the port of destination, by email and the Seller is legally obligated to refund the full amount, paid by the Buyer\'s bank, to the Buyer without any excuse or pretext within 2 working days. The Seller is obligated to hold the full amount, paid by the Buyers bank, until the Buyer confirms the status of the goods at the port of destination.

   

Followings could be part of strange incidents and circumstances:

1. The original goods on the containers are stolen and changed into different goods.

2. Original seals of shipping company and inspection agency on the containers are broken and changed into other seals.

 

Should the quality of the product not conform to the specification in clause Specification, the Buyer can either reject the product or render the contract null and void.

 

7. Documentation: 

The following documents for payment shall be provided:

 

1. 3/3 Original Bill of Lading (B/L) indicating vessels stamp, freight prepaid and clean on board

a. Final Commercial Invoice issued by the Seller (One (1) Original and Three (3) Copies) indicating not less than: commodity name, financial instrument number, Ocean Bill of Lading number and date, quantity loaded, invoice value; 

b. Packing List issued by the Seller (Three (3) Originals and one (1) Copy). Indicating Contract No., Seal No., Container No., Gross Net Weight and number of ocean Bill of Lading.

2. Original Insurance **0% of the shipment value at his sole expenses/responsibility.

3. Original Certificate of Quality & Quantity issued by CCIC/SGS/AK/BV or equivalent in loading Port, at Seller expense, approved by the Buyer.

4. Certificate of Origin (One (1) Original and Three (3) Copies) issued and certified by Chamber of Commerce in origin.

5. Original Certificate of Quality & Quantity issued by CCIC/SGS/AK/BV or equivalent in the unloading Port, at Buyer expense.

6. Certificate of change of ownership.

7. Annex VII (as per Appendix D)

 

 

The Insurance Policy shall cover all risks of loss or damages to the aforesaid Cargo, including war, hijacking, lost of ship at sea, etc

 

8. Proof of Product:

With *8 hours after this contract is signed by both parties the seller will provide written confirmation of ability to supply of the product including confirmation of legal ownership of the goods as follows:

• Valid export license 

• Export Permit

• Certificate of ownership.

• Photos and video of stock with buyer names