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About Sky Wave Security Services and Trading


Sky Wave Security Services and Trading

Welcome to the Sky Wave Security Services and Trading cc. We are working as a trading company that offers crude oil (REBCO), diesel oil (D2), fuel oil (Mazut M-100) to our business partners all over the world.

As a reliable partner, we are helping to buy and sell REBCO crude oil and petroleum products. This market is very large, so we are trying to satisfy the requirements of Buyers, using maximum capacity and possibility of Sellers for specific a Buyer.

All communications will be in the form of actual documents. We will begin to work with your company when we receive your first documents (ICPO/BCL) and the Seller has read and approved it.

We will then issue the document as procedure requires continuing the process. That way all correspondence will be well documented at each stage of the process. This process will strictly follow International Procedures in accordance with the strict requirements of the Sellers for every transaction.

 

PROCEDURE for the purchase REBCO, D2, Mazut M -100:

1. Buyer issues Irrevocable Confirmed Purchase Order (ICPO) to the Seller’s Mandate.
2. Seller’s Mandate issue Full Corporate Offer (FCO).

3. Buyer should sign/seal FCO and send it back. Then Buyer sends Bank Comfort Letter (BCL) confirmation by SWIFT via MT-799 to Seller’s Bank referring to issued ICPO.

4. Seller's Bank sends SWIFT message to Buyer's Bank of Seller being ready, willing and able to issue Proof of Product (POP) from Russian Supplier within (6) Banking days and to provide Performance Bond (PB) after receiving BCL by SWIFT from Buyer’s Bank.

5. Seller issues electronic version of the Contract for the Buyer’s agreement.

6. The Seller/Buyer issues the copy of the Contract with their Banks.

7. Seller’s Bank confirms via SWIFT the POP documents:

8. The Proof of Product consists of the following:
- Copy of License to export issued by the Russian Ministry of Energy.
- Copy of Approval to export issued by the Russian Ministry of Justice.
- Copy of Statement of Availability of the Product.
- Copy of the refinery commitment to produce the product.
- Copy of the Charter Party Agreement(s) to transport the product to discharge ports.
- Copy of the Banking Passport of the Bargain
- Copy of the Contact with AK “Transneft” to transport the product to the port.

9. The Buyer’s Bank issues non-operative financial instrument to the Seller’s Bank.

10. Seller’s Bank issues the 1,5-2% Performance Bond (subject to financial instrument of the Buyer) which shall automatically operate the financial instrument.

11. The first delivery is performed according to the agreed delivery schedule. Both, the Seller and the Buyer agreed upon the delivery schedule for subsequent month shipments.

12. Within 35 days the Seller makes the first delivery under the present Contract terms and conditions.

Our Interest is trading with:

MACHINERY: Guangzhou Showa Shock Absorber Co., Ltd. (China); Hangzhou Kangqiao Automobile Service Co., Ltd. (China); Sanyo Electric Home Appliances (Suzhou) Co.,Ltd. (China); Sichuan Ningjiang Showa Shock Absorber Co., Ltd. (China); Suzhou Sanyo Electro-Mechanical Co., Ltd. (China); Tianjin Kaida Transportation Service Co., Ltd. (China); Kanematsu Project Development Co., Ltd. (Hong Kong); Tanashin (Europe) GmbH (Germany); Distribuidora De Vehiculos (Guatamala); P.T. Honda Prospect Engine MFG Inc. (Indonesia); P.T. Imora Honda Inc. (Indonesia); P.T. Metbelosa (Indonesia); ARIES Motor Ltd. (Poland); ARIES Power Equipment Ltd. (Poland); Carpati Motor Ltd, (Romania); Showa Aluminum.........

Send us your QuestionDo you have a question about any of our products?
Call us now on +27743687816 or or +27632740676.       

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