
Procedures
Secure trading procedures, tailored to your transaction.
We offer multiple petroleum trading procedures structured around international best practice.
Bulk Fuel Supply Contract
A clear, sequenced workflow.
- 01
Buyer issues CIS
before procedures begin
- 02
Seller issues SCO
soft corporate offer
- 03
Buyer issues ICPO
with price, specs, and procedures
- 04
Seller issues C.I.
commercial invoice
- 05
Buyer shows POF
proof of funds
- 06
Buyer provides TSA
tank storage agreement
- 07
Delivery arranged
via CIF, FOB, TS, TTO, or TTV
Bulk supply terms
Pricing, shipment, and delivery.
Pricing
Based on Platts or Argus assessments (Jet Fuel A1).
Shipment
By cargo vessels.
Contract length
Spot deals with rollover for 12 months.
Loading Ports
- Rotterdam
- Houston
- Fujairah
- Jurong
Delivery Options
- CIF
- FOB
- TTO / TTV
- STS
