EN590 10PPM For Sale:FOB EN590 10PPM Rotterdam Ready in Tank and 12 Month Contract
- Jose Pagan
- Jul 20
- 9 min read
Ready-in-tank fuel offers move fast because they reduce one of the biggest risks in commodity trading: uncertainty around product availability. When EN590 10 ppm diesel is already in tank at Rotterdam, the transaction can shift from broad negotiation to document checks, storage access, inspection, transfer, and payment.
This offer is structured for FOB Rotterdam delivery, with product available for tank-to-vessel or tank-to-tank transfer. It is built around a spot or trial lift first, followed by a 12-month contract after a successful initial transaction.
The key commercial points are direct: EN590 10 ppm diesel, Kazakhstan origin, Rotterdam loading, 100,000 MT minimum trial lift, up to 500,000 MT maximum, and gross pricing stated at $720/$710 per MT, inclusive of intermediary commissions.
EN590 10PPM For Sale:The offer at a glance
The transaction is based on EN590 10 ppm diesel, a low-sulfur automotive diesel grade widely used across Europe and international fuel markets. The “10 ppm” specification refers to sulfur content, which is a key part of the EN590 standard.
The product is offered as ready in tank at Rotterdam. That means the seller represents that the product is already positioned in storage and available for a verified transfer process, rather than being promised from a future shipment.
Commercial item | Offered term |
Product | EN590 10 ppm diesel |
Origin | Kazakhstan |
Location | Rotterdam |
Delivery basis | FOB |
Transaction mode | Tank-to-vessel and tank-to-tank |
Trial lift | 100,000 MT |
Minimum quantity | 100,000 MT |
Maximum quantity | 500,000 MT |
Price per metric ton | $720/$710 |
Buyer-side commission | $5 per MT |
Total intermediary commission | $10 per MT included in gross price |
Payment instrument | MT-199 or MT-799 pre-advice |
Final payment | MT103/TT after injection |
Contract structure | Spot or trial lift, then 12-month contract |
Monthly continuation | As stated in the commercial invoice |
The gross price includes the full $10 per MT commission for intermediaries on both seller and buyer sides. The buyer-side portion is stated as $5 per MT.
This structure gives all parties a defined commercial path. The buyer can test the seller’s performance through a first lift before entering a longer contract. The seller can confirm financial capability before releasing full Proof of Product documents and allowing transfer.
Why Rotterdam matters in an FOB diesel transaction
Rotterdam is one of the world’s most important fuel trading and storage hubs. It has extensive tank farms, refinery connections, barge access, deepwater berths, and product blending infrastructure. For diesel buyers, that matters because the port can support large-volume lifting and onward distribution by vessel or storage transfer.
Under an FOB location and loading port at Rotterdam, the seller’s responsibility is tied to making the product available for loading at the agreed port under the commercial terms. The buyer then arranges the vessel or receiving tank documentation required for the transfer.
This offer allows both major lifting methods:
Tank-to-vessel
The product moves from the seller’s storage tank into the buyer’s nominated vessel. This route requires vessel documentation, including Q88, and an approved charter party agreement.
Tank-to-tank
The product moves from the seller’s tank into the buyer’s nominated tank. This route requires tank storage documentation, usually through a tank storage receipt or tank storage agreement.
Each route has its own control points. Vessel lifting focuses on marine readiness, port clearance, and loading coordination. Tank transfer focuses on storage validity, tank access, and injection authorization.
The transaction starts with a compliant ICPO
The first formal buyer step is the issuance of an Irrevocable Corporate Purchase Order, commonly called an ICPO. In this procedure, the ICPO must be addressed to the seller and must incorporate the seller’s transaction procedure.
A compliant ICPO should include the buyer’s company and banking details. The procedure also calls for identity documentation through a passport copy. Since identity documents are sensitive, the buyer should only transmit them through a secure and verified channel, and only after confirming the counterparty’s authority to receive them.
The ICPO is not just a buying interest letter. It sets the commercial intent and confirms that the buyer accepts the seller’s procedure as the basis for moving forward.
A strong ICPO usually makes these points clear:
Product grade and specification
Quantity requested for the trial lift
Delivery mode, either TTV or TTT
Loading location in Rotterdam
Target price and payment method
Buyer banking details
Buyer company profile and authorized signatory
Acceptance of the seller’s stated procedure
Once the seller receives and accepts the ICPO, the transaction moves to the commercial invoice or contract agreement stage.
The seller issues the commercial invoice and Letter of Performance
After receiving the buyer’s ICPO, the seller sends a commercial invoice or contract agreement to the buyer. This document indicates the available product quantity in the leased tank.
The seller also provides a Letter of Performance. This letter supports the seller’s commitment to perform under the agreed transaction procedure.
The buyer signs and returns both documents. That signature is a key turning point. It confirms that the buyer accepts the commercial terms, the available quantity, the loading mode, and the required steps for payment and product transfer.
At this stage, both sides should make sure the documents match on the essential terms:
Document area | What should match |
Product | EN590 10 ppm diesel |
Quantity | Trial, minimum, and maximum quantities |
Price | $720/$710 per MT as agreed |
Location | Rotterdam |
Delivery basis | FOB |
Transfer mode | TTV or TTT |
Payment sequence | MT-199 or MT-799, then MT103/TT |
Commission language | $10 per MT gross commission included |
Small mismatches in commodity documents can create major delays. A wrong port name, unclear receiving tank, missing quantity range, or inconsistent payment reference may cause banks, terminals, or inspectors to pause the process.
Financial capability is confirmed through MT-199 or MT-799
Within 3 days after signing the commercial invoice, the buyer issues a pre-advice through MT-199 or MT-799. This message confirms financial capability before the seller releases the full Proof of Product document set.
MT-199 and MT-799 are SWIFT message types used between banks. In this type of transaction, they can be used to show that the buyer’s bank is aware of the transaction and can support the buyer’s financial position.
This step matters because the seller is being asked to disclose sensitive product and storage documents. The seller wants evidence that the buyer can complete the transaction before providing full access to the product file.
The buyer should coordinate this step with its bank early. Timing is important because the procedure calls for issuance within 3 days after signing the commercial invoice.
Proof of Product documents create the verification package
Once the buyer gives the required financial pre-advice, the seller provides the Proof of Product package. This is where the claim of ready-in-tank supply should become verifiable.
The stated POP package includes:
Fresh SGS Report
Certificate of Quality
Injection Report
Tank Storage Receipt
Authorization to Sell and Collect
Port Clearance Authorization
Certificate of Origin
Proforma Invoice
Unconditional Dip Test Authorization
The SGS report is described as fresh, within 48 to 72 hours. That is important because fuel stock, storage status, and quality reports lose value when they become stale.
The Certificate of Quality supports the product specification. The Certificate of Origin supports the Kazakhstan origin claim. The Tank Storage Receipt supports the storage position. The Unconditional Dip Test Authorization gives the buyer the right to verify the product in the tank through an approved inspection process.
A ready-in-tank offer is only as strong as the documents that prove quality, quantity, storage control, and authority to sell.
Intermediaries are also required to sign NCNDA/IMFPA documents. These agreements protect fee positions and define how commissions are paid after a successful transaction.
Buyer prepares vessel or tank receiving documents
After the POP stage, the buyer provides either CPA or TSA for seller approval.
For a tank-to-vessel transaction, the buyer provides CPA, meaning the charter party agreement. The vessel documentation may also include Q88, which gives technical details about the nominated vessel.
For a tank-to-tank transaction, the buyer provides TSA, meaning the tank storage agreement. The buyer may also provide TSR, meaning a tank storage receipt, to confirm the receiving tank position.
This stage connects the paper trade to the physical movement of product. The seller must know where the diesel will go, who controls the receiving asset, and whether the terminal can safely perform the transfer.
Once the seller approves the CPA or TSA, the buyer provides the remaining vessel or tank documents. Then product transfer can begin to the nominated vessel or receiving tank.
Transfer begins after approval and coordination
The product injection starts after seller approval of the buyer’s receiving arrangement. In TTV mode, product is injected into the buyer’s nominated vessel. In TTT mode, product transfers into the buyer’s nominated storage tank.
The operational side must be clear before injection starts. Terminal schedules, vessel readiness, tank capacity, inspection timing, and port clearance all need alignment.
For a high-volume lift, the quantity is large enough that delays can become expensive. A 100,000 MT trial lift requires serious logistics planning. The maximum stated volume of 500,000 MT requires even stronger coordination across storage, marine, inspection, finance, and documentation teams.
The procedure places final payment after completion of product injection. That means the buyer verifies that injection has occurred before releasing full product value.
Final payment is made by MT103 or TT
Upon completion of product injection, the buyer pays the full product value through MT103/TT within 1 to 2 banking days.
This is the main settlement step. MT103 is a SWIFT customer payment message, and TT refers to telegraphic transfer. In practical terms, this is where the buyer’s bank sends the payment to the seller’s bank according to the invoice and payment instructions.
Once payment is confirmed, the seller transfers:
Title of Ownership
Export documents
Final transaction documents needed for control and onward handling
Title transfer is a critical step. It confirms that ownership of the product has moved from seller to buyer after payment.
Commission payment follows the signed fee agreement
After seller payment confirmation, commissions are paid by MT103/TT within 1 to 2 banking days according to the signed NCNDA/IMFPA.
The offer states that the gross price includes $10 per MT commission for intermediaries on both seller and buyer sides. The buyer-side commission is stated as $5 per MT.
This should be reflected clearly in the IMFPA. Commission language should match the commercial invoice and avoid unclear fee claims outside the signed arrangement.
For large fuel volumes, even small per-metric-ton fees become major totals. Clear documentation protects all parties and reduces disputes after the lift closes.
The spot lift can lead to a 12-month contract
The proposed structure starts with a spot or trial lift. After successful completion, monthly delivery continues as stated in the commercial invoice. A 12-month contract can then be issued, with possible renewal and extension.
This staged approach makes sense in bulk fuel trading. The buyer can verify product availability, document quality, seller performance, terminal coordination, and payment workflow before committing to a longer supply relationship.
The seller also benefits. A completed trial lift proves the buyer can perform, pay on time, and manage the receiving logistics.
The first lift should not be treated as a small formality. It is the operational test for the full contract. If the trial lift closes smoothly, both sides have a stronger basis for monthly supply under a 12-month agreement.
Practical checks before proceeding
A transaction of this size needs disciplined verification. The listed procedure provides a clear sequence, but each step should be checked before moving to the next one.
Before issuing the ICPO, the buyer should confirm that the seller procedure is complete and internally approved. Before sending financial pre-advice, the buyer should confirm that the commercial invoice reflects the agreed terms. Before accepting POP documents, the buyer should review dates, document consistency, tank references, product specification, and authority language.
Key checks include:
Confirm that the product is clearly identified as EN590 10 ppm diesel
Match the Rotterdam tank or port references across all documents
Check that the SGS report date is current
Confirm that the seller has authority to sell and collect
Verify that the Tank Storage Receipt is current and traceable
Make sure the dip test authorization is unconditional as stated
Confirm that CPA, TSA, Q88, or TSR details match the chosen transfer mode
Align bank timing for MT-199, MT-799, and MT103/TT
Confirm the commission structure in the NCNDA/IMFPA
This content is for informational purposes only and does not replace legal, banking, inspection, or trade compliance advice. Large fuel trades should be reviewed by qualified professionals before signatures, payments, or document releases.
A clear path from tank verification to contract supply
This FOB Rotterdam EN590 10 ppm offer is built around a familiar bulk fuel sequence: ICPO, commercial invoice, financial pre-advice, Proof of Product, receiving logistics approval, injection, payment, title transfer, commission settlement, and monthly continuation.
The commercial structure is straightforward. Product is offered ready in tank at Rotterdam, with Kazakhstan origin, TTV or TTT transfer, a 100,000 MT trial lift, maximum volume up to 500,000 MT, and a pathway into a 12-month contract after successful performance.
The strongest next step is careful document alignment. If the ICPO, commercial invoice, POP package, bank messages, tank or vessel documents, and commission agreements all match, the transaction has a much better chance of moving from offer to lift without avoidable delays. EN590 10PPM For Sale:
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