Seven stages.
One documented chain of custody.
Every parcel we execute follows the same seven-stage procurement discipline. It exists so that the buyer can audit any step at any time — and so that no surprise arrives at discharge.
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Stage 01
Inquiry
Buyer submits an Irrevocable Corporate Purchase Order (ICPO) with product, volume, destination, delivery window and payment structure. NDAs signed if required.
Documents- ICPO
- Letter of Intent
- NCNDA (optional)
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Stage 02
Verification
Allocation is title-checked with the refinery or authorised holder. We confirm origin, tonnage, spec and shipment window before responding.
Documents- Allocation reference
- Refinery TSR
- Compliance screening
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Stage 03
Commercial Offer
Full Corporate Offer (FCO) issued with price formula, Incoterms, delivery schedule, quality specification and applicable inspection agencies.
Documents- Full Corporate Offer
- Draft SPA
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Stage 04
Documentation
SPA signed by both parties. Banking instruments exchanged — SBLC / DLC MT700 from top-50 bank, or documented TTO / TTV. All amendments handled through counsel.
Documents- Signed SPA
- SBLC / DLC MT700
- TTO / TTV arrangement
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Stage 05
Inspection
SGS or Intertek conducts pre-shipment Q&Q at the loading terminal. Certificate of Quality and Certificate of Origin issued. Independent surveyor witnesses loading.
Documents- CoQ
- CoO
- Ullage report
- Surveyor's report
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Stage 06
Shipment
Vessel nominated and accepted. Charter party signed, marine insurance placed in buyer's favour (CIF), ATB / NOR issued. Real-time positioning shared throughout voyage.
Documents- Bill of Lading
- Charter Party
- Marine Insurance Policy
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Stage 07
Delivery
Discharge at agreed port with independent survey. Custody transfer measurement completed. Final commercial reconciliation and release of banking instruments.
Documents- Discharge survey
- Final invoice
- Instrument release
Send us your ICPO.
We reply within one business day.
Product, volume, destination and payment structure — that's all we need to prepare a Full Corporate Offer with allocation reference.