
Cargo Available on TTO (Tanker Take Over)
Vessel Name : FS Endeavor
IMO Number : 9532161
MMSI : 477083600
Flag : Hongkong
Cargo : EN590-10PPM
Quantity : 63,000 MT
Price : $450 + $10
Product Origin : Qatar
Destination Port : Mailiao - Taiwan (ETA February 9th 2025)
Note :
• $5 commission for seller side is closed & $5 for buyer side
TITLE TAKE OVER (TTO) PROCEDURE.
1. Buyer issues official ICPO to the exact quantity.
2. Seller issues original MOU for the title take over
3. Buyer countersigns the original MOU and returns the signed copy back to seller along with buyer company acceptance and confirmation letter to carry out the transaction procedure duly stamped and signed by buyer company.
4. Upon the receipt of the countersigned MOU, seller issues to buyer the listed Documents: A) Certificate of Origin
B) E.T.A. (Estimated Time of Arrival)
C) Product Passport (Quantity & Quality Dip Test Analysis Report).
D) Bill of Lading (In previous buyer’s name) E) Tanker Vessel Q88 Document
F) Tanker Vessel Details
G) Ullage Report
H) Tanker Cargo Manifest
I) Invoice for Title Takeover Fee
5.! Buyer Confirms the Goods Documents and Makes 1% Payment as down deposit Which Stands as An Allocation Security & Guarantee Payment to The Seller Nominated Bank By T/T Wire Transfer Within 2 Banking Days, Which Shall Be Deducted from The Total Payment Value of the Tanker Title Takeover Product.
!! NOTE after buyer receiving the document if buyer do not make the 1% deposit for the security guarantee allocation purpose or even request for more document that is not among the signed MOU , we will consider buyer fraudulent and reported to the international criminal court (ICC) for blacklisting ,and a confirmation letter backing up claim and evidence.
6. Upon Seller’s Receipt of The Title Takeover Payment, Seller Transfers the Title to the Potential Buyer Company’s Name and Also Re-Issues All Other Outstanding Documents to The Potential Buyer Companys Name and Send Via Swift from Seller’s Bank to Buyer’s Bank the Full Prove of Product.
7. Vessel Arrives the Discharge Port and Buyer Carry Out The CIQ/SGS Inspection and Upon a Successful Inspection, Buyer Pays by Mt103 T/T For the Balance of Product Cost Value to the Seller.