| Contract Number | SAFAL/IWWDMCC/001/2023 |
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| Contract Date | 04 Feb 2023 |
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| Type | Sale |
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| Buyer Name | INNOVATION WORLWIDE DMCC |
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| Description of Goods | Ferro Manganese |
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| Grade (%) | 75 |
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| Size | 0.5- 3 MM(90%Min) |
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| Specifications | Mn – 74.5% Min, Si- 2.0% Max, C – 8% Max, Phos-0.30% Max, S – 0.05% Max |
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| Quantity | 150 |
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| Weight Unit | Metric Tonne |
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| Terms of Delivery | CIF |
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| Packing | Loose in container, If Liner do not allow packing Bulk, then we will have to ship in 1MT big bags |
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| Delivery Period | March 2023 |
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| Rate | 1010 |
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| Currency | US Dollar |
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| Mode/Terms of Payment | 30% Advance through TT Prior loading of cargo at our factory balance 70% against shipping documents. |
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| VAT % | 0 |
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| Insurance | To be affected by the seller against all risks for 113% of the contract value. |
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| Loading | Dar Es Salaam Port, Tanzania |
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| Discharge | BALTIMORE- USA |
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| Transshipment | Allowed |
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| Partial | Allowed |
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| Documents | 1) Commercial Invoice-Triplicate, 2) Packing List with statement of origin declaration and approved rex code declaration - Triplicate, 3) Full set of 3 Originals and 3 non-negotiable copies, Signed, "Shipped on Board " Ocean Bills of Lading, Shipper, Consignee & Notify as per buyer's request. To be affected by the seller against all risks for 113% of the contract value. 4)Certificate of Certificate of Quality, Quantity, size and bag sealing issued by Mitra SK or Alex Stewart 5) Plant test from SAFAL along with statement of Origin. 6) Insurance Certificate/Policy for 113% of the contract Value covering all Risks from Warehouse to Warehouse as institute cargo clause A. 7) Certificate of Origin from ZRA or Chamber of Commerce/Rex PL of origin with approved Rex code & Export declaration for confirming preferential duty treatment, as applicable for destination. 8) Material safety data sheet confirming this is non-hazardous cargo. 9) Vessel Seaworthy Certificate from shipping line subject to approval / discretion of shipping line |
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| Inspection | Quality, Size, Quantity and sealing inspection by Alex Stewart International corporation, Zambia prior loading of trucks at Zambia factory at Sellers cost. |
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| Alternate Product Name | Ferro Manganese |
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| Sale Contract Number | IWWDMCC/PO/2327/2023 |
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| Remark | |
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| Risk | All risks shall pass to the Buyer at the time when the Product passes the ship’s rail on board the vessel at time of loading, in accordance with Incoterms 2020 |
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| Shipment | Shipped on Board from Load Port in March 2023 subject to vessel space availability |
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| Origin | Zambia |
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| Sale Extra1 | |
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| Sale Extra2 | |
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| Other Reference(s) | |
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| Contract Status | On going |
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