“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
FOB
Freight On Board
Freight On Board, in a FOB Contract, the buyer provides his vessel and a copy of his charter party agreement (CPA) to the seller or the supplier.
The buyer's vessel would sail to an agreed loading destination (port) and his vessel loads the cargo.
He pays for his vessel charter and all insurance. This method is very good because the buyer pays after his vessel is loaded and inspected to ascertain (Q&Q) Quality and Quantity.
The contract is usually executed and completed at the sellers loading port.