SILICON DIOXIDE (SIO2) 21.00
|
ALUMINIUM OXIDE (A12O3) 5.30
|
FERRIC OXIDE (FE2O3) 3.30
|
CALCIUM OXIDE (CAO) 65.60
|
MAGNESIUM OXIDE (MGO) 1.10
|
SULPHUR TRIOXIDE (SO3) 2.70
|
LOSS OF IGNITION (LOI) 0.90
|
TRICALCIUM SILICATE (C3S) 60.00
|
DICALCIUM SILICATE (C2S) 15.00
|
TRICALCIUM ALUMINATE (C3A) 8.05
|
TRICALCIUM ALUMINO FERRICE (C4AF) 9.76
|
|
PHYSICAL AND MECHANICAL PROPERTIES:
BLAIN CM2/GR 3.250
AUTOCLAVE EXPANTION 0.02
INITIAL SETTING TIME (VICAT) 105 MINUTES
FINAL SETTING TIME (VICAT) 135 MINUTES
COMPRESSIVE STRENGTH @ 03 DAYS 230 KG/CM2 AND @ 07 DAYS 305 KG/CM2 AND @ 28 DAYS 420 KG/CM2
PROCEDURE
Buyer and Seller sign the contract
The Buyer within 5 banking days will forward the wording of the payment instrument via fax/e-mail to the Seller for approval.
The Seller will give amendments/approval within 3 banking days
Upon Receipt of the written confirmation from the Seller, within 5 banking days, the Buyer's Bank will issue the Operative LC.
Upon receipt of Buyer's acceptable LC, Seller's Bank will guarantee 2% PB & a confirmation by the mill that the allocation is reserved to the buyer.
Start loading operation
DELIVERY TERMS:
LOADING PERIOD: Within 30/45 days of receipt of BUYER'S payment instrument at the counters of the SELLER'S bank the first shipment shall be loaded. Any subsequent shipment shall be effected within 30 days and as instructed by the Buyer, as per mutually agreed Delivery schedule.
DELIVERY TERMS: CIF ASWP
OTHER CONDITIONS RELATING TO DELIVERY
The date of the bill of lading shall be considered the date of shipment. Third party bills of lading are acceptable.
0 Within 36 hours after the vessel's departure from port of loading, the seller's shipping agent shall advise the buyer shipping agent of the following: Vessel's sailing date, name of the steamship, number of the vessel, name of the vessel, name of the ship's captain, tonnage of the vessel, flags of the vessel, net quantity loaded, number of hatches on the vessel, estimated time of arrival at Port of Discharge.
0 Ship must be technically fault free and correspond to be available at the port of discharge.
0 Minimum discharge rate shall be x,000 MT per working day. Demurrage is incurred if discharge rate is not achieved and is charged to the account of the Buyer. Sundays and Holidays are excluded. Times preceding to 08:00 hours on a day succeeding any holidays are excluded, even if used.
0 Whether in berth or not, whether in port or not, whether in free practice or not, whether customs cleared or not, vessel hatch opening and closing shall be performed under crew responsibility, control, and account. Maximum allowed draft at disport thirty feet. Disport agent: Buyer's agent.
0 No demurrage is payable if the vessel is discharge at a rate greater than average.
0 The SELLER retains the right to delay or cancel further shipment if the BUYER fails to pay demurrage charges for any shipment.
0 Geared or gearless vessel allowed.
0 The SELLER must provide written alert to BUYER within 24 hours after receipt ofnotice that
the vessel transporting the goods has experienced damage, peril, loss, or accident and this shall not release the SELLER of fulfillment of this obligation.
PRODUCT INSURANCE:
Seller is responsible for insurance.
OBLIGATIONS OF THE SELLER
0 The SELLER will dispatch to the BUYER the goods within 30-45 days after the BUYER'S LC is registered at the counters of the SELLER'S bank.
0 The SELLER will deliver the BUYER the goods in the quantity and quality according to this contract.
0 The SELLER sells the goods on a CIF basis.
COMMISSIONS
All commissions are protected by SELLER
OBLIGATIONS OF THE BUYER
0 The BUYER will effect payment pursuant to clause 4 of this contract.
0 The BUYER will establish an LC as specified in clause 2. Should the BUYER fail to open said LC within the 5 (five) days period after signing the Contract, the SELLER shall have the right to cancel this contract and ask to get the payment of 3% of non delivered goods on first demand. The SELLER accepts no responsibility for any costs the BUYER may have incurred should the contract be cancelled under this clause.
0 The BUYER certifies that he/she has secured any import permits or government permission to import the goods into the country of the port of discharge. The BUYER shall be responsible for the payment of all taxes, discharging expenses, demurrages and import duties at any destination ports.
RESPONSIBILITY FOR NON-PERFORMANCE
0 In the event the SELLER has not delivered the contracted quantity of goods within 50 days for the first shipment, regardless of the reason of non-delivery, unless Force-Majeure circumstances has occurred, the BUYER shall have the right to request an amount equal to 2% of the non delivered goods and the Contract will then be considered as cancelled .
0 In the event that the BUYER should terminate this contract without just cause or reason, unless Force-Majeure circumstance has occurred, the BUYER shall be liable to the SELLER for 2% of the non-purchased goods value. The BUYER shall pay to the SELLER such penalty fees within five (5) banking days of written advice from the SELLER.
0 The parties will be not liable for partial or complete failure to execute their obligations under this contract if the said failure is caused by unforeseen circumstances, such as: severe weather conditions and other actions of nature, acts of the government, war, strikes, riots or other forces beyond control of the parties if the above mentioned circumstances directly affect the fulfillment of this contract. The parties shall be obliged to immediately advise each other should any delay arise from any of the causes referred to. The SELLER acknowledges that the BUYER'S own performance to its end users is time critical and the BUYER is therefore entitled to elect whether to accept the delays or cancel the contract within seven (7) days after having knowledge of any delay. Within such events, the fulfillment of the contract obligations will be extended for a respective period within which such circumstances last if the BUYER so elects.
0 Certificates issued by a local Chamber of Commerce the ICC or other government institutions of the SELLER or the BUYER will be accepted by the parties as proof of Force-Majeure and its period.
MISCELLANEOUS
0 Any amendments and supplements to this contract will be valid only if made in writing and duly signed by authorized representatives of the both parties. Each party will confirm immediately by mail, fax, or e-mail a receipt of a message of the other party.
0 The parties will take all measures to settle all disputes or differences which may arise while
performing this Contract. Disputes that cannot be settled through negotiations shall be decided by the ICC International Arbitration of London.
0 The present contract is governed by English Law
0 The losing party shall pay all litigation cost including the third party lawyer costs.
NON CIRCUMVENTION & NON DISCLOSURE
The undersigned parties hereby accept and agree to the I.C.C. provisions of non-circumvention and non-disclosure with regards to all parties involved in this transaction. It is also agreed by the parties that any aspects relating to this transaction shall be kept strictly confidential and copies of this agreement shall not be freely distributed to parties not related to or directly involved in the successful conclusion of this contract. Any breach of this Clause may result in legal action being taken by the aggrieved party. The penalty for breach of this clause shall be determined by the ICC. The aggrieved party shall also be entitled to recover any and all legal costs they may incur, including travel costs to hearings or legal proceedings. This clause shall be in effect for a period not exceeding five (5) years from the date of this contract.
EXECUTION OF CONTRACT:
Each of the parties to this contract represents that it has full legal authority to execute this contract and that each party us to be bound by the terms and conditions contained in the contract. This contract represents the entire agreement between the parties and any change will be made in writing, executed by both parties.
CONFIDENTIALITY:
The product offered for sale is subject only to the terms and conditions contained in this contract and are strictly confidential between the BUYER and the SELLER.
AMENDMENTS:
This facsimile or email contract signed by both the buyer and the seller is to be considered the original. No future additions/deletions or amendments are valid unless put forward in writing and signed by both the BUYER and the SELLER. No handwritten changes are allowed.
DOCUMENTS CALLED FOR
" COMMERCIAL INVOICES IN THREE ORIGINAL PLUS THREE COPIES, ALL DULY SIGNED AN D STAMPED, ISSUED FOR THE CEMENT QUANTITY THAT B/L IS, MENTIONING THE PRODUCT PORTLAND CEMENT, TYPE 1, CLASS 42,5N
" 2/3 ORIGINAL PLUS THREE COPIES OF CHARTER PARTY B/L DULY SIGNED AND STAMPED BY THE MASTER SHOWING FULL DESCRIPTION OF THE QUANTITY AND QUALITY OF GOODS ON BOARD MARKED CLEAN ON BOARD
" ORIGINAL INSURANCE POLICY OR CERTIFICATE FOR THE 110% (USD$ XXXXXX) AMOUNT. INSURANCE HAS TO SHOW THAT ALL RISKS ARE COVERED. THE INSURANCE DOCUMENT HAS TO INCLUDE FULL DESCRIPTION OF GOODS, QUANTITY, NAME OF VESSEL AND ITINERARY AS IN B/L AND SHOW THE BUYER AS THE SOLE BENEFICIARY .
" REPORT TEST ISSUED BY THE MANUFACTURER SHOWING CHEMICAL, AND PHISICAL RESULTS OF THE CEMENT LOADED IN THIS SHIPMENT
" ORIGINAL INVOICE ALL DULY SIGNED AND STAMPED, ISSUED FOR THE SAME QUANTITY THAT B/L HAS BEEN SENT BY INTERNATIONAL CURRIER SERVICE WITHIN 5 WORKING DAYS AFTER ON BOARD DATE TO
" ORIGINAL CERTIFICATE ISSUED ANDSIGNED BY THE CAPTAIN OF THE VESSEL CERTIFYING THAT HE HAS RECEIVED 1/3 ORIGINAL B/L WITH INSTRUCTIONS TO DELIVERER THIS DOCUMENT TO SERFMAR CORPORATION OR HIS REPRESENTATIVE AT DISCHARGE PORT.
ADDITIONAL CONDITIONS
XXXXXXXXX IS AUTHORISED TO TRANSFER THIS LETTER OF CREDIT IN WHOLE OR IN PART TO ONE OR MORE SECOND BENEFICIARIES.
THE FOLLOWING THIRD PARTY DOCUMENTS ARE ACCEPTABLE:
-ANALYSIS CERTIFICATE
-TEST CERTIFICATE
-PACKING LIST
CHARGES
ALL CHARGES OTHER THAN ISSUING BANK CHARGES ARE FOR ACCOUNT 1ST BENEFICIARY
PERIOD FOR PRESENTATION
21 DAYS CONFIRMATION INSTRUCTIONS WITHOUT
INSTRUCTIONS TO PAYING/NEGOTIATION Bank
UPON PRESENTATION OF CREDIT CONFORMING DOCUMENTS AT YOUR COUNTERS, WE AUTHORISE YOU TO CLAIM REIMBURSEMENT VALUE 3 WORKING DAYS AFTER YOUR SWIFT ADVICE TO OURSELVES.
SENDER TO RECEIVER INFO
SUBJECT TO UCP 1993 ICC PUBLICATION 500.
Welcome to SSC Corporate Website