53, Vegetable and Marine Oil – FOB Terms, April 54, Vegetable and Marine Oil – CIF Terms, September 55, Linseed Oil – CIF Terms, September. FOSFA 53 FOR VEGETABLE AND MARINE OIL IN BULK FOB TERMS. SELLERS: FOSFA 53 FOB Oil in bulk Contract. Details: Parent. 53 FOSFA Oct 1 _交通运输_工程科技_专业资料。 BULK Revised and Effective from 1st October FOB TERMS 53 Reference Nos.
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In the event this contract forms part of a string of contracts for the same goods on the same terms, notice s of second and third analysis by intermediate parties shall be accepted by the other party although received after such time, provided notices by intermediate parties have been passed on with due despatch. Analysis fees shall be for account of the party ordering the analysis. Loading in accordance with the provisions of the Loading Clause and at an average rate of.
Details of seals and labels shall be given on loading weight report s and analysis certificate s. Notices shall be passed on with due despatch by intermediate Buyers and Sellers.
Sellers to be responsible for obtaining export licence, if required. In the event of more than one shipment being made each shipment is to be considered as a separate contract but the tolerance on the mean contract quantity is not to be affected thereby. In the event s of a string, the first Seller shall accept the nomination provided it has been received by him not later than 10 consecutive days before the date of the ships expected date of readiness fksfa load.
Regulatory documents (GAFTA, FOSFA contracts etc.) | CISS Group
This contract shall be deemed to have been made in England and the construction, validity and performance thereof shall be governed in all respects by English Foafa.
Different currencies shall not invalidate the circle. If required, Sellers must produce proof to justify their claim for extension or cancellation under this clause. Sellers have agreed to sell and Buyers have agreed to buy.
FOSFA 53 FOB Oil in bulk
Prior to the last day of the contract delivery period either party may notify the other party of fisfa inability to deliver or take delivery but the date of such notice shall not become the default date without the agreement of the other party.
Proof of string to be provided, if required, by either party.
In any month containing an odd number of days the middle day shall be reckoned as belonging to both halves of the month. All notices shall have been passed on with due despatch.
Sellers fosfz their superintendents shall send sealed sample s for analysis on the contractual specifications to an analyst.
Analysis of sample s taken at time of loading or, in the event of the oil not being loaded within 15 consecutive days of the contract period, at the end of the extension period allowed under the Extension Clause, to be final. Notice of such extension shall be given to Sellers as soon as possible but not later than the last business day of the original contract delivery period.
Buyers shall be entitled to an extension of the original contract delivery period not exceeding 15 days in which to provide suitable freight. Buyers may appoint a representative to superintend weighing on their behalf. The FFA content shall be expressed as follows: Samples should be kept for three months from the date of the Bill of Lading. The original delivery period and any extension thereto shall not be affected by this clause.
Laytime not s to commence prior to expiry of minimum number of days pre-advice for nomination of ship unless Sellers agree to load earlier in which case laytime to commence when ship actually commences to load.
53 FOSFA Oct 1 _百度文库
Buyers need not state the exact number of days they require when giving such notice. If the rate of interest is not mutually agreed, a dispute shall be deemed to exist which shall be ffosfa by arbitration in accordance with the Arbitration Clause.
The party requesting such analysis shall, within five business days after receipt of the preceding analysis, notify the other party, arrange for a sealed sample to be sent to another analyst, and give the necessary instructions to the analyst. Notices to be despatched by any means of rapid written communication E-mail excluded. All notices shall be under reserve for errors in transmission.
Regulatory documents (GAFTA, FOSFA contracts etc.)
If loading is commenced within 15 days after the original contract delivery period, payment shall be made in accordance with the Payment Clause. The oil shall be of good merchantable quality of the agreed description and contractual specification at time of delivery or at the end of the extension period if not shipped.
Sampling shall be done in accordance with the method in ISO OIL, in bulk at. If the oil to be shipped is not to be commingled in the vessel s tank s with oil loaded by any other Seller sSellers under this contract have the option that the sample s shall be drawn from the vessel s tank s.