Tuesday, August 31, 2010

Trade Needs of the Moment

We are looking for legitimate crude and refined oil products to buy and sell; we are fit, willing and able to take it down as early as possible. However, we are not in a position to issue an MT799 under any circumstances ever. Our community of buyers (mostly majors) do not participate in the broker / allocation gobble gook. If you feel that your deal is real then we are going to need to talk one-on-one with "The Title Holder", not a broker.

Usually, our talk will get to the nuts and bolts and in most cases when MT799's are requested, the so-called seller does not have 'Title' to the product. If you are not a principal, please provide us some basic infor and take a secured and guaranteed back seat to allow us secure and close the transaction.

So in order for us to move swiftly, please provide us with the following 8 KEY ITEMS:
1st. Where is the D2? How much is in-the-tank?
2nd. Full Name of the Title Holder Company.
3rd. Where is the Title Holder registered to do business? What country and province?
4th. What is the land line phone number of the Title Holder?
5th. What is the identity of the (papered) Mandate?
6th. Where are they registered to do business? What Country and province?
7th. What is the Mandate's land line phone number?
8th. Most often, we will request a Soft Corporate Offer, or better a Draft Contract.

An acceptable procedure would look like this:
1st. Seller/Title holder will send a confirmation letter with a statement that (Title Holder) is the owner free and clear of this QTY (e.g. 3m bbls of JP 54 spot in Rotterdam) along with the SCO.
2nd. After receipt of both documents, a conference call will be set up between Seller and an officer from the Buyer (Major) to talk one-on-one.
3rd. The Major issues a confirmed Purchase Order for this product.
4th. Seller will sign, seal and return this Purchase Order to Buyer (Major) along with a Dip Test permission.
5th. The Purchase Order Number will be placed on the Commercial Invoice and the Seller will send the Commercial Invoice, SGS reports and Tank Receipts either directly to the Buyer or via bank-to-bank. Whichever was decided during the phone call between the Buyer (Major) and the Seller/Title Holder.
6th. After verification of POP documents, the Major will issue an MT103 for all liftable product.
7th. Lifting Commences.

Other acceptable procedure:
1st. Seller issues FCO - Full Corporate Offer (OTS, Offer To Sell);
2nd. Buyer issues verifiable P/O - Purchase Order;
3rd. Buyer and Seller complete Contract Agreement and lodge in their respective Banks;
4th. Seller sends Commercial Invoice and partial verifiable POP to Buyer including Tank Storage Receipts and SGS Reports;
5th. Buyer issues proper payment of MT103/23 to Seller for Products in Tanks against Title Name Transfer;
6th. For subsequent deliveries, Seller issues Non-Operative 2% Performance Bond (Bank to Bank);
7th. Within five banking days, Buyer issues RDLC; of that would automatically activate PB;
8th. Shipments start per schedule and payment paid in full against presented full supporting documents;
9th. The Payment is released by Buyer’s Bank to the Seller once the commodity has been delivered without delay (immediately). SGS report will specify quantity in Metric Tons of delivered commodity and quality according to specifications.

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FOOD FOR THE SOUL
"I firmly believe that any man's finest hour, his greatest fulfillment of all that he holds dear, is that moment when he has worked his heart out in good cause and lies exhausted on the field of battle, victorious".
~ Vince Lombardi

"The cave you fear to enter holds the treasure you seek."
~ Joseph Campbell: a mythologist, author, and lecturer

"The human brain makes up only 2% of your body weight; however it consumes 20% of the oxygen you breathe in. You can actually increase your creativity and learning power by taking a few minutes to relax and breathe deeply before starting any new project."
~ Healthy Tip

"Patience is the ability to let your light shine after your fuse has blown."
~ Bob Levey

"It's OK to send flowers, but don't let the flowers do all the talking. Flowers have a limited vocabulary. About the best flowers can say is that you remembered. But your words tell the rest."
~ Jim Rohn

Success is loving what you do; "the passion that lies within you must be discovered."
~ Laurie Calzada

Books/Library/Reading
Miss a meal if you have to, but don't miss a book.
Some people claim that it is OK to read trashy novels
because sometimes you can find something valuable in them.
You can also find a crust of bread in a garbage can,
if you search long enough, but there is a better way.
Most homes valued at over $250,000 have a library.
That should tell us something.

Everything you need for your better future and success has already been written.
And guess what? It's all available. All you have to do is go to the library.
And there's probably a library in every neighborhood.
Some people read so little they have rickets of the mind.
I now have one of the better libraries. I admit that I haven't read everything in my library,
but I feel smarter just walking in it.
Don't just read the easy stuff. You may be entertained by it, but you will never grow from it.
The book you don't read won't help.
Books are easy to find and easy to buy. A paperback these days only costs six or seven dollars.
You can borrow that from your kids!
It isn't what the book costs; it's what it will cost if you don't read it.

DREAMS DO COME TRUE!
You are never given a wish without also being given the power to make it come true.
The achievement of your goal is assured the moment you commit yourself to it.
If you have the desire, you have the power to attain it.
You can have anything you want in life, if you will sacrifice everything else for it.
Your dreams can come true, if you pursue them.
Where there's a WILL, there's a ALWAYS a WAY.

"We are not human beings on a spiritual journey. We are spiritual beings on a human journey."
~ Dr. Stephen Covey: Best-selling author and professor

EVERY FAILURE IS A STEP CLOSER TO SUCCESS!
People who try to do something and fail are infinitely better than those who try to do nothing and succeed.
Experiencing failure is inevitable on your journey to be successful.
Each defeat is merely an installment to victory.
You'll find that the number of times you succeed is in direct proportion to the number of times you fail and keep trying.
You won't be judged by the number of times you fail, but by the number of times you succeed.
Failure is nothing but education, nothing but the first step to something better.
You can't be a winner and be afraid to lose.
Most of the things you worry about will never happen.

Vitamins for the Mind
Sowing and Reaping ~ by Jim Rohn
You must get good at one of two things: sowing in the spring or begging in the fall.
God has the tough end of the deal.
What if instead of planting the seed you had to make the tree?
That would keep you up late at night, trying to figure that one out.
Plant, don't chant.
One of my good friends always says, "Things don't just happen; things happen just."
The soil says, "Don't bring me your need, bring me your seed."

"Human beings have the remarkable ability to turn nothing into something. They can turn weeds into gardens and pennies into fortunes."
~ Jim Rohn


"Success, real success, in any business requires a sense of urgency, a sense of personal mission."
~ Ken Carnes

"You can begin now to give your heart perhaps the most important thing it needs "a reason to keep beating" and it starts by knowing that every moment matters."

~ Mehmet C. Oz, M.D.

"Possession of material riches, without inner peace, is like dying of thirst while bathing in a lake."
~ Paramahansa Yogananda: Was an Indian yogi and guru

80% OF SUCCESS IS SHOWING UP
When you're sure you're on the right road to success you don't have to plan your journey too far ahead.
Don't burden yourself with doubts and fears as to the obstacles that may bar your progress.
You don't need to know all your answers in advance.
Just have a clear idea of the goal you want to reach.
You can only take one step at a time.
Once you muster up the courage to begin, you'll find the courage to succeed.
It's the job you never start that always takes the longest to finish.
You can have all that you desire if you ACT on your dreams.
Being the B.E.S.T. ~ by Jim Stovall
In our society, we revere those who are the best at what they do. Chants of "We're #1" are heard frequently. If we want to be the BEST at whatever we do, we've got to break it down into its individual components.

"B" is for Balance. It is the element that keeps our lives stable. We've all heard about superstar athletes, multi-millionaires, and movie stars who wreck their health or family relationships in their quest for greatness. No matter how much we achieve in one area of our life, if we lose the overall perspective that we are many-faceted beings, we can never be successful.

If we want to have balance in our lives, we are going to have to be proactive. Most of us plan our workday. We have things we are going to try to do, things we really need to do, and the ever-present list of "things we better do today, or there will be no tomorrow!" But how many of us really plan,with the same degree of diligence,our family time, recreation time, exercise, etc?

Several years ago, my wife Crystal and I began a tradition. We take the week between Christmas and New Year and focus on the things we have done in the previous twelve months and those we hope to do in the twelve months to come.

We plan our leisure time and focus on where we are in each area of our lives. While I have certainly not reached the levels I want to in every area of my life, this practice has brought a degree of balance to me that I had never known before.

Most of us spend all of our time, effort, and energy on professional and business pursuits, and the other areas of our lives get whatever is left over or, in too many cases, they get shoved completely aside.
Balance means investing in yourself in every area of your life.

"E" is for Enthusiasm. This is the first thing we receive when we enter this world as the doctor slaps us on the backside, and the last thing we give up before they close the coffin lid. I have had the privilege of interviewing superstars from the worlds of entertainments, sports, and politics. The one thing that each of these individuals have in common is a tremendous passion or enthusiasm for what they do. If you don't feel that kind of daily passion, as you pursue your life goals, you need to either get a new career or a new attitude about the career you currently have.

I remember interviewing Katharine Hepburn. When I asked her what she would have done with her life had she not pursued show business, she replied, "If they did not pay me to be an actress, I would have to find another way to support my acting habit. I have an innate need to do what I do."

This type of enthusiasm will bring you an Academy Award or whatever is the highest honor in your field.

"S" is for Single-mindedness. This is the ability to focus on one thing at a time. This does not mean we are one-dimensional in our lives. It simply means, when we are working, we work; when we are playing, we play; and any other task we choose to undertake receives our total attention and focus.

We spend far too much time living in the past, worrying about things that cannot be changed or living in the future, planning for eventualities that may never come. If we will live in the moment, we will find that mistakes of the past and frets of the future simply fade away.

If something is worth investing your time in right now, it deserves all of your attention.

"T" is for Tenacity. This is the one element that will always result in eventual success. As a blind person myself, I could hit a baseball thrown by the best pitcher in the major league if you would let me keep trying until I succeed. The immortal message from Winston Churchill echoes down through the years, "Never, never, never, never, never give in."

The whole world belongs to the man or woman who realizes that the game is not over until you quit; and when it comes to your dreams and goals, remember that it is always too soon to quit.

Go out and be the B.E.S.T.
Today is the day!