SALES CONTRACT
DATE: 19TH DECEMBER 2013
TO: ********** COMPANY
FM: ******* SINGAPORE PTE LTD
RE: OUR SPOT SALES OF MINIMUM 106,200 METRIC TONS TO MAXIMUM 118,000 METRIC TONS OF HSFO 380CST CIF ONE SAFE BERTH/PORT **** 港口 CHINA
DURING DECEMBER 28, 2013 TO JANUARY 6, 2014 (BOTH DATES INCLUSIVE)
OUR CONTRACT REF. ****** 合同号
(HEREINAFTER REFERRED AS ‘AGREEMENT’)
THIS CONTRACT IS MADE BY AND BETWEEN THE BUYER AND THE SELLER. THE BUYER AGREES TO BUY, PAY AND TAKE, AND THE SELLER AGREES TO SELL AND DELIVER THE UNDER MENTIONED PRODUCT ACCORDING TO THE TERMS AND CONDITIONS AS STIPULATED BELOW:
1. SELLER
卖方公司信息
2. BUYER
买方公司信息
3. PRODUCT
产品
燃料油
FUEL OIL
4. QUANTITY
数量
MINIMUM 106,200 METRIC TONS TO MAXIMUM 118,000 METRIC TONS AT SELLER'S OPTIONS
5. QUALITY
质量指标
CHARACTERISTICS MIN MAX METHOD
DENSITY @ 15 C, KG/M3 0.991 ISO3675/12185/D1298-99R05/D4052 KINEMATIC VISCOSITY 50C,MM2/S 380 ISO 3104/D445
FLASH POINT, C 60 ISO 2719/D93
POUR POINT, C 30 ISO 3016/D97
CARBON RESIDUE, % (M/M) 18 ISO 10370/D4530-03/D189
ASH, % (M/M) 0.15 ISO 6245/D482
WATER 1.0 ISO 3733/D95
SULFUR, % 3.5 ISO 14596/8754/D4294
VANADIUM, MG/KG 300 ISO 14597/IP 501/470
ALUMINIUM+SILICON, MG/KG 80 ISO 10478/IP 501/470/377/95(03) TOTAL SEDIMENT POTENTIAL 0.10 ISO 10307-2/IP390(B)/D473
ZINC MG/KG 15 IP501/470/377
PHOSPHORUS, MG/KG 15 IP501/500/377
CALCIUM MG/KG 30 IP501/470/377
A FUEL SHALL BE CONSIDERED TO BE FREE OF ULO IF ONE OR MORE OF THE ELEMENTS ZINC, PHOSPHORUS AND CALCIUM ARE BELOW OR AT THE SPECIFIED LIMITS. ALL THREE ELEMENTS SHALL EXCEED THE SAME LIMITS BEFORE A FUEL SHALL BE DEEMED TO CONTAIN ULO.
THE SELLER’S OBLIGATIONS WITH REGARD TO THE QUALITY OF THE PRODUCT SUPPLIED ARE LIMITED SOLELY TO SUPPLYING PRODUCT WHICH CORRESPONDS WITH THE DESCRIPTION AND ANY SPECIFICATIONS SET OUT IN THE CONTRACT.
THERE ARE NO GUARANTEES, CONDITIONS, WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, GIVEN IN RELATION TO THE QUALITY, MERCHANTABILITY, FITNESS OR SUITABILITY OF THE PRODUCT AND THE RESULTS TO BE OBTAINED FROM THE USE OF ANY OF THE PRODUCT, FOR ANY PARTICULAR PURPOSE OR OTHERWISE, WHICH EXTEND BEYOND THE DESCRIPTION OF THE PRODUCT AND ANY SPECIFICATIONS CONTAINED IN THIS CONTRACT.
6. DELIVERY
交货
DELIVERY TERM: CIF IN ONE CARGO LOT (AS PER INCOTERMS 2000 FOR CIF SALES)
DISCHARGING LOCATION: ONE SAFE BERTH/PORT QINGDAO，CHINA
DISCHARGING DATE RANGE: DECEMBER 28, 2013 TO JANUARY 6, 2014 (BOTH DATES INCLUSIVE)
SELLER’S NOMINATED VESSEL OR HER SUBSTITUTE SHALL BE SUBJECT TO BUYER’S AND DI SCHARGING TERMINAL’S ACCEPTANCE (SUCH ACCEPTANCE SHALL NOT BE UNREASONABLY WITHHELD OR DELAYED). IN ALL CASES, BUYER SHALL MAKE BEST ENDEAVOR TO ACCOMMODATE OR BERTH THE PERFORMING VESSEL UPON HER ARRIVAL WITH PRIORITY SEQUENCE AND WITHOUT ANY UNREASONABLE DELAY.
BUYER SHALL GIVE FULL WRITTEN DISCHARGE INSTRUCTION FOR THE NOMINATED DISCHARGE BERTH, TERMINAL AND PORT AT LEAST SEVEN (7) DAYS PRIOR TO THE ETA OF SELLER’S NOMINATED VESSEL AND SELLER SHALL NOT BE RESPONSIBLE FOR ANY DELAYS THAT ARISE DUE TO BUY ER’S FAILURE TO DO SO. BUYER SHALL BE RESPONSIBLE FOR:
A) PROCURING A SAFE BERTH AT THE DISCHARGING PORT AT WHICH THE VESSEL CAN, WHEN FULLY LADEN, ALWAYS LIE AND DISCHARGE AFLOAT; AND
B) PROCURING AND MAINTAINING IN GOOD WORKING ORDER ALL CONNECTIONS HOSES AND PIPES AND OTHER EQUIPMENTS NECESSARY TO DISCHARGE THE PRODUCT AT THE BERTH; AND
C) ARRANGING FOR THE BERTHING AND UNBERTHING OF VESSEL.
7. INSURANCE
保险
MARINE INSURANCE COVERING THE VALUE OF THE PRODUCT TILL THE VESSEL’S ARRIVAL AT DISCHARGING PO RT SHALL BE ARRANGED BY SELLER AT SELLER’S ACCOUNT.
8. PRICE
价格
THE UNIT PRICE SHALL BE EQUIVALENT TO THE ARITHMETIC AVERAGE OF THE MEAN OF EFFECTIVE QUOTATION FOR 'HSFO 380 CST' UNDER THE HEADING 'FOB SINGAPORE' AS PUBLISHED IN PLATTS ASIA PACIFIC/ARAB GULF MARKETSCAN FROM DECEMBER 01, 2013 TO DECEMBER 31, 2013 (BOTH DATES INCLUSIVE) PLUS A PREMIUM OF USD18.30 (UNITED STATES DOLLARS EIGHTEEN AND CENTS THIRTY) PER METRIC TON.