Professional Documents
Culture Documents
Cif Palm Kernel Shell
Cif Palm Kernel Shell
No. 101
01/11/2023
SUARZA NUSA INTI MANDIRI. PT with registered address: Gedung Centennial Tower 29
th Floor Unit D-F Suite 36 Jl. Jend. Gatot Subroto Karet Semanggi Jaksel DKI Jakarta, VAT
/TAX number: 31.774.055.3.721.000, represented by KHAIRUL MUSLIMIN (President
Director), , hereinafter referred to as the "Seller", on the one hand
and
SOVEKS EM LTD., a company incorporated under the laws of Republic of Bulgaria (company
registration/VAT number: BG131277637) with its registered office in Bulgaria, Sofia, Vrabnica
region, Street 3020, #34, floor 7, represented by Dimitar Ivanov in his capacity as Director,
hereinafter referred to as the "Buyer".
The Seller and the Buyer are each a “Party” and together are “Parties” to the Contract.
The Parties hereby agree the following:
2. Definitions
The Goods - Palm Kernel Shells hereinafter referred to as the "PKS"
CIF means Cost, insurance, and freight in accordance with Incoterms 2020, published by
The International Chamber of Commerce, and only applies to goods shipped via a
waterway or ocean. With cost, insurance, and freight, the seller covers the costs,
insurance, and freight of a buyer's order while in transit.
US Dollar” “ USD : is the currency used in the Buy-Sell Agreement MCC. Fractions of
a penny in the calculations should be rounded to the nearest cent. If the fraction is one-
half percent or more it will be rounded up
Loading Port (POL) means one safe berth at Indonesia’s Port
Destination means Republic of Bulgaria or any other destination notified by Buyer
Bill of Lading means receipt given by the vessel for the Palm Kernel Shell shipment and
is a document of title.
ETA means estimated time & date of arrival.
Laytime means time allowed to load the cargo on to the vessel
Major Indonesian Holidays means 2 days of Idul Fitri, 1 day of Idul Adha, 1 day of
Independence Day, 1 Day of Christmas Day
Independent Surveyor mean SGS International inspection agency
Working Day means a day upon which business is regularly transacted and unless
expressly stated, the term “day” shall be deemed to mean “calendar day”.
Weather Working Day means day of 24 consecutive hours on which work in loading
Palm Kernell Shell on board a vessel may be carried out without loss of time due to the
weather.
Pratique means permission to do business at a port by a ship that has complied with all
applicable local health regulations.
Statement of Facts means a statement prepared by the ships agent at the port of loading
which shows the date and time of arrival of the vessel and the commencement and
completion of loading. It details the quantity of cargo loaded each day, the hours worked
and the hours stopped with the reasons of stoppages.
Time Sheet means a document which records all daily particulars relating to the loading
or discharging of cargo as well as the duration of and reason for any stoppage of work
and is used as a basis for the calculation of demurrage/dispatch.
Shipment Period means the period agreed by the parties during which the nominated
vessel (“Vessel”) shall be scheduled for loading.
ISPS Code means International Ship and Port Facility Security Code - a set of measures
to enhance the security of ships and port facilities. It was developed in response of the
perceived threats to ships and port facilities after the 9/11 attacks.
9.9. Discharge and Discharging Facilities. Buyer shall ensure that the discharging berth, terminal
and installations together with all their facilities and equipment comply in all respects with the
requirements of the ISPS Code. Buyer shall nominate the berth to which the Vessel can safely
reach and leave and at which she can lie and load at all times afloat. Seller shall ensure that it, or
any parties contracted by it, shall abide by the safety and access procedures at any facility
utilized by the Buyer with respect to this transaction.
Seller shall be responsible for any loss caused to the terminal, Discharge Port, and discharging
facilities by it or parties contracted by it while abiding to the safety and access procedures of
facilities’ operators.
9.10. Demurrage/Despatch. The parties agree that “Laytime” is the amount of time allowed for
all activities relating to discharge The Goods under this Contract. In case the Vessel is delayed at
the Discharge Port/Terminal by the Buyer longer than the Laytime allowed, Buyer shall pay
Seller demurrage at the rate specified in the charter party between Seller and Vessel owner for
every running day, or part thereof, the Vessel is so detained but not to exceed …. Per day,.
Demurrage and despatch claims (including undisputed invoice and supporting documents) shall
be submitted within thirty (30) calendar days from completion of Vessel’s discharging and shall
be settled within fourteen (14) calendar days after submission, unless otherwise agreed by the
parties.
9.11. Insurance. The Seller is responsible for arranging marine cargo and other applicable
insurance coverage sufficient to cover loss of or damage to the cargo. Seller warrants that at all
times that Vessel is at or approaching the Discharge Port or Terminal, Vessel shall have valid
Protection and Indemnity Insurance and valid Pollution Liability Insurance with limits not less
than that required by applicable law. If requested by Buyer, Seller shall promptly furnish to the
Buyer, Discharge Port or Terminal, as applicable, evidence of the above referenced insurance.
The name of the Seller must be on the BOL and it must be the same on all documents, where
Shipper or Seller is required to present.
11.3. The Buyer undertakes to issue a draft of the Letter of Credit within five (5) working days
from the singing of the present Contract.
11.4. The Seller shall approve the draft of the Letter of Credit without undue delay (within two
(2) working days) after the Buyer provides the Seller - The Letter of credit Draft.
11.5. The Letter of Credit shall be paid against the following documents (duly filled in the
English language) and in compliance with the requirements listed in Item 10.
Commercial invoice issued from the Seller to the Buyer, duly dated signed and stamped
by the Seller, showing description, price, terms of delivery and HS code for the Goods
duly dated, signed and stamped by the Seller.
Full set of Clean on Board Charter Party Bills of lading, issued as per Buyer’s
documentary instructions made out to the order of Soveks Em Ltd. or consigned to
Soveks Em Ltd. issued as per ordinary customs of Port Indonesia Aceh Port of Calang,
and stamped by the Indonesian port authorities.
Certificate of sampling and analysis issued by SGS, copies SHOWING THE
SPECIFICATIONS as per item 3.1. above and full details as per item 6.7 and 3.1. above
Certificate of Weight and Draft Survey Report, issued, signed and stamped by SGS,
showing at loading port.
Packing List for the Goods, duly dated, signed and stamped by the Seller
Fumigation certificate (phytosanitary certificate) for the goods, issued, dated, snged and
stamped by the entry-exit inspection and quarantine of the Republic of Indonesia ( if
applicable)
Export Declaration, duly dated, signed and stamped.
15.3. The CIF regulations of the International Rules of Interpretation of the Trade Terms
(Incoterms 2020) in the part of basic terms of delivery shall be applied to the relations between
the Parties under the Contract, except to the extent that the provisions conflict, in which case the
Contract shall prevail.
The parties (Buyer & Seller) will discuss the possible actions to resolve any conflict due to
rejected products.
15.4. The failure of either party to require strict performance of any provision of this Contract, or
such Party’s forbearance to exercise any right, shall not be deemed a waiver by such Party of its
right to require strict performance or exercise such right in the future.
15.5. Neither Party to the Contract shall be entitled to transfer its rights and obligations arising
out of or in connection with the Contract to any third parties without the other Party's written
consent.
15.6 This contract is valid from the contract date until full performance of its obligations by the
Parties, but in part of payment terms - until full performance by the Parties of their respective
obligations.
15.7. Any notice required or permitted by this agreement shall be in writing in English and may
be sent by e-mail, or registered mail address to the parties as follows:
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ANNEX # 1
INFORMATION ACCOMPANYING SHIPMENTS OF WASTE
AS REFERRED TO IN ARTICLE 3 (2) AND (4)
Consignment information (1)
1. Person who arranges the shipment 2. Importer/consignee
Name: Name:
Address: Address:
5.(a) 1st carrier (2) 5.(b) 2nd carrier 5.(c) 3rd carrier
Name: Name: Name:
Contact person:
Tel.: Fax:
E-mail:
7. Recovery facility Laboratory 10. Waste identification (fill in relevant codes):
Name: (i) Basel Annex IX:
(ii) OECD (if different from (i)):
Address: (iii) Annex IIIA (4):
(iv) Annex IIIB (5):
Contact person: (v) EC list of wastes:
Tel.: Fax: (vi) National code:
E-mail:
11. Countries/states concerned:
Export/dispatch Transit Import/destination
12. Declaration of the person who arranges the shipment: I certify that the above information is complete and correct to my best knowledge. I also certify that
effective written contractual obligations have been entered into with the consignee (not required in the case of waste referred to in Article 3(4)):