wanted coal

[capt...@giasbm01.vsnl.net.in]

dear sirs

WITH REFERENCE TO THE ABOVE, WE ARE PLEASED TO INFORM YOU THAT OUR BUYER
HAS

ACCEPTED TO PURCHASE STEAMING COAL OF VIETNAM ORIGIN ON FOLLOWING TERMS
AND

CONDITIONS. THE TERMS AND CONDITIONS HAS BEEN GIVEN BY OUR BUYER
ACCORDING

TO THEIR REQUIREMENTS. IF YOU ARE ACCEPTING KINDLY FORWARD YOUR PROFORMA
OFFER

FOR FINALISING THE OTHER FORMALITIES IN THIS REGARD.

COMMODITY : STEAMING COAL

SPECIFICATIONS : GROSS CALORIFIC VALUE - 6,800 +/-50 KCAL/KG.

SULPHUR - 0.5% MAX.

MOISTURE - 8 to 10% MAX.

ASH - 10% MAX

VOLATILE MATTER - 27% MAX

SIZE - 0 TO 50 mm.

ORIGIN : VIETNAM

RATE : US $ 42/MT'S CNF MADRAS PORT.

QUANTITY : 25,000 MT.

DELIVERY : SHOULD BE PROMPT, IMMEDIATE UPON RECEIPT OF
CONFIRMED

L/C IN PLACE.

PAYMENT : BY IRREVOCABLE LETTER OF CREDIT CONFIRMED BY A
WORLD

PRIME BANK, PAYABLE 90% AT SIGHT AGAINST SHIPPING

DOCUMENTS, BALANCE OF 10% AGAINST DELIVERY AFTER

INSPECTION AT PORT OF DISCHARGE.

OTHER TERMS AND CONDITIONS :

1) IT IS REQUIRED THAT THE SELLER'S AGENT NEED TO DECLARE THE NAME
OF THE BASE MINE FROM WHICH THE SUPPLIES SHALL BE EXECUTED.

THIS COULD BE DECLARED AT THE TIME OF ENTERING INTO FIRM
CONTRACT. THE CONTRACT CAN BE SIGNED BY THEIR AGENT HERE SUBJECT
THEY HOLD A LETTER OF AUTHORISATION OR A MANDATE LETTER TO THAT
EFFECT.

2) THE SUPPLIER HAS TO CONFIRM THAT THEY ARE READY TO ABIDE TO ALL
THE PENALTY CLAUSES AGAINST DEFAULT OF THE SUPPLIES STRICTLY AS
PER THE SPECIFICATIONS CONFIRMED AS PER OUR LOT.

3) THE PROTECTION LETTER FOR THE KICKBACKS ABOVE THE SELLER'S PRICE
SHOULD BE SENT WITH THE CORPORATE OFFER ALONGWITH NCND AGREEMENT
(I.E. US $3/MT).

WITH REGARDS,

CAPT.B.Z.KHAN
noha marine services ( imp & export )
tel: 91-22-3430257
fax: 91-22-3437350

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