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[Closed] New Buyer Information: EN590 (10ppm) — Up to 300,000 MT/Month for TTV Delivery at Jurong Port

We have commenced discussions regarding a large-volume purchase of EN590 (10ppm) diesel, based on a formally submitted ICPO (Irrevocable Corporate Purchase Order) from a Malaysia-based company.
This transaction is structured under the TTV (Tank-to-Vessel) basis at Jurong Port, Singapore.
■ Buyer’s Proposed Terms (Extracted from ICPO)
・Product: EN590 (10ppm) Diesel
・Origin: Non-Russian
・Trial Quantity: 100,000 MT
・Contract Quantity: Up to 300,000 MT per month
・Payment Term: MT103 (TT Wire Transfer)
・Loading Port: Jurong Port, Singapore
・Inspection: SGS at loading port
・Specification: Compliant with EN590 standards (as stated in attached ICPO specification)
■ Transaction Procedure (as per ICPO)
Page 2 of the ICPO outlines the FOB TTV Procedure at Jurong Port,
including detailed operational steps such as the Dip Test, Injection Agreement, NOR issuance, and vessel arrangements.
Main procedural steps include:
- Buyer submits ICPO and CPA
- Seller issues Commercial Invoice
- Mutual signing of the TTV Injection Agreement
- Seller provides PPOP documents (ATV, TSR, DTA, SGS, etc.)
- SGS inspection or Dip Test is conducted
- Buyer arranges vessel (Q88 / ATI)
- Injection (TTV) begins
- Buyer pays via MT103 and the title is transferred
These procedures follow internationally standardized practices, ensuring transparency and secure execution.
■ Current StatusOur company has already confirmed the primary conditions with the buyer and is currently in the stage of
matching with qualified sellers and verifying commercial terms (Under Negotiation).
This inquiry is highly concrete due to:
・Clear quantity proposal (up to 300,000 MT per month)
・High-response logistics via Jurong TTV
・Transparent MT103 payment structure
Inquiry Reference No.: 2512111435HE
