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“Ultra-low-sulfur diesel (ULSD) is diesel fuel with substantially lowered sulfur content.
The move to lower sulfur content allows for the application of advanced emissions control technologies that substantially lower the harmful emissions from diesel combustion”
“Ultra-low-sulfur diesel (ULSD) is diesel fuel with substantially lowered sulfur content.
The move to lower sulfur content allows for the application of advanced emissions control technologies that substantially lower the harmful emissions from diesel combustion”
ARABASIA Trading WLL
CIF
Cost Insurance and Freight
Cost Insurance and freight method is the safest shipping method for the buyer.
The seller pays the shipping cost, the Insurance and cost of the product.
He gets paid by the buyer upon safe delivery and inspection of the product plus presentation of all required documents as specified in the contract.
The discount for this kind of delivery is very small compared to TTT and FOB transactions.
The seller or supplier loads the vessel, inspect the product on board the vessel and deliver the product at a mutually agreed safe port.
At the delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product and will then pay the seller or supplier based on the result of the inspection report conducted by his inspectors, after the seller or supplier has submitted all relevant documentations as specified in the (SPA) contract.
This is the best and safest way to buy crude oil. This contract is executed and completed at the buyers and sellers mutually agreed port of discharge.
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