【Open for Buyers】TTV Jurong PROCEDURE② – EN590 Supply Process Overview

At present, our company is seeking qualified sellers who can supply EN590 (10ppm) under FOB–TTV (Tank-to-Vessel) conditions at Jurong Port, Singapore.
This page outlines the official PROCEDURE provided by the seller and explains the requirements for issuing an SCO.

■ Conditions for SCO Issuance
For this transaction, the buyer must fully agree to the TTV PROCEDURE as a mandatory prerequisite.
The process is as follows:
1.First, we confirm whether the buyer’s intended conditions align with this PROCEDURE.
2.If there is no procedural conflict, the buyer proceeds to conduct a Price Check.
3.Once the buyer agrees to both the price and the TTV procedure, the official SCO will be issued.

Thus, the flow of the transaction is:PROCEDURE Agreement → Price Check → SCO Issuance
Buyers who cannot accept the PROCEDURE will not receive an SCO.

■FOB- TANK TO VESSEL (TTV) PROCEDURE ++R/TRA In respect of Ex-Tank, Into Buyer Vessel, (stock transfer) and Free Into Pipeline (FIP’) deliveries The operational procedure then works as follows:

1. The Buyer forwards to the Refinery/Titleholder CIS, ICPO with CPA and by when, where they need delivery.
2. Seller registers buyer CIS /ICPO/CPA and issue CI for the full ICPO value, Buyer’s signed and return.
3. Seller issue PPOP which confirm that, the Goods are loaded into pipeline system/reservoir: a. Certificate of Origin, b. Ullage Report c. Injection Discharge Report d. Q&Q documents. e. Commitment to Supply f. Statement of Product Availability.
4. Upon receipt of POP’s, Pipeline Company issue i) 5 days tank Invoice to Seller, ii) Injection Invoice to buyer at the rate of $0.55/mt and $0.045/bbl, (iii) Pipeline Notice of Readiness & Acceptance Time to inject the products. NOTE: (All costs have to be paid by the seller. Only the injection cost is the buyer’s responsibility which is immediately claimable, or refund if there is either a problem with the quality, or quantity of the fuel).
5. Seller makes 5 days tank payment and proceed to issue i) Fresh SGS report, ii) TSR, (iti) Injection Report, (iv) UDTA/ATV/ATSC in Buyer’s name after receipt of Buyer injection cost payment.
6. Buyer proceeds to dip test in Seller tank, upon positive Q&Q results, Seller and buyer sign NCNDA/ IMFFPA in favor of all intermediaries/parties involved in the transaction.
7. Buyer makes payment of the total product via MT103, seller transfer title to buyer name. seller pays all intermediaries as per NCNDA/IMFPA.
8. Buyer shall at all times and at no expense to the Seller provide or cause to provide vessel of Buyer’s choice necessary for lifting or evacuating the products paid from Seller’s tanks within 5 days for subsequent deliveries to take place.

This TTV transaction is structured as a high-responsiveness, real-time operational deal at Jurong Port, providing highly concrete and practical procedures for buyers seeking EN590 under FOB (TTV) terms.

We welcome inquiries from buyers who meet this PROCEDURE and have confirmed purchasing capability.

Inquiry Reference No.: LO