EN590 10ppm – Global Supply, Trading & Marketing
EN590 10ppm Gasoil (ULSD 10ppm) is a high-grade, ultra-low sulfur diesel fuel specification that complies with European standards, with a maximum sulfur content of 10 parts per million. It is widely used in the automotive, industrial, and commercial sectors across Asia, Europe, and the Americas, and serves as a benchmark product in the global refined petroleum market.
At Energy Trading Japan, we assist buyers in sourcing and purchasing diesel fuel from allocation holders and verified supply sources (Sellers). We help supply and market EN590 10ppm Gasoil on CIF or FOB basis from select global terminals and refineries. Product origin is subject to availability. SGS or equivalent inspection is conducted at the port of loading.
Gasoil Sourcing, Trading & Marketing
Our Group engages in the trading and marketing of physical commodities and petroleum products, acting as a Trader, Marketer, Facilitator, or Introducer, depending on the transaction structure, product origin, and volume requirements.
We maintain close relationships with verified allocation holders and title holders across multiple jurisdictions, enabling us to structure reliable and commercially sound transactions for qualified buyers.
Procedures – CIF or FOB
If you are seeking to purchase Gasoil / EN590 10ppm from a non-sanctioned origin, please refer below to the standard transaction procedures of our main supply sources for both CIF and FOB (TTV) transactions.
Common Procedures: TTV (Tank-to-Vessel), FOB (Free on Board), CIF (Cost, Insurance, and Freight), TTT (Tank-to-Tank), and DDP (Delivered Duty Paid)
Term Contracts & Trial Shipment
We welcome serious inquiries for term contracts based on the procedures below, with the possibility of arranging a trial shipment to establish comfort and transactional trust between the Buyer and Seller.
Please note that we work exclusively with direct buyers who have verifiable storage capabilities and a proven track record in purchasing Gasoil. We may consider working with referral or introducer agents who have a direct relationship or mandate from the Buyer; however, we do not engage with multi-layered broker chains.
Procedures – Summary
CIF (Cost, Insurance, and Freight)
- Buyer & Seller Introduction and Verification
- ICPO, CIS, POF (Buyer issues ICPO with CIS, fresh POF (BCL or via MT199), TSA if required)
- Draft SPA & Execution (Seller issues draft SPA; both parties review, finalize, and sign)
- RWA (MT799) & L/C (MT700) (Buyer issues RWA, then DLC via SWIFT MT700)
- 2% Performance Bond (Seller’s bank issues PB after DLC is issued)
- Full POP Documents Issued (Seller provides export licenses, port/storage agreements, B/L, SGS, etc.)
- Buyer Provides TSR / Discharge Logistics (Buyer provides discharge port logistics for SGS/CIQ testing)
- Shipping Commences (Product shipped as per CIF delivery terms in SPA)
- Payment via MT103 After Discharge Port Inspection (Payment made after SGS/CIQ at discharge port and document verification)
- Seller Pays Intermediaries (if applicable) (As per NCNDA/IMFPA agreements signed)
- Monthly Shipments Continue as per SPA
FOB – TTV (Tank-to-Vessel)
- Buyer & Seller Introduction and Verification
- ICPO, CPA, NCNDA & ICC Letter
- Seller Provides Tank Availability Letter or Storage Access Letter
- Seller Issues Commercial Invoice (CI)
- Buyer Returns Signed CI
- Seller Provides Fresh SGS Report (<48h)
- Buyer Issues Fresh Q88 (Vessel Nomination)
- Seller Verifies Q88 & Issues POP Documents
- Buyer Verifies POP & Orders Dip Test at Own Cost
- Tank Farm Issues NOR (Notice of Readiness)
- Injection into Buyer’s Vessel Commences
- Buyer Pays via MT103 or T/T
- Seller Transfers Title & Export Documents
- Seller Pays Intermediaries (if applicable)
- Monthly Shipments Continue as per SPA
FOB Tank to Tank Dip & Pay procedure (TTT)
Main Ports: Rotterdam, Houston, Jurong, Fujairah
- Buyer & Seller Introduction and Verification
- Buyer Issues ICPO and/or Financial Capability Proof (BCL or via MT199)
- Seller Issues Full Offer + Draft SPA
- SPA Negotiation and Execution
- Buyer Secures Tank and Issues TSR
- Seller Provides POP and Product Ready Notification
- SGS / Q&Q Inspection (Dip Test) in Seller’s Tank (at Buyer’s Cost)
- Seller Injects Product into Buyer’s Tank (after successful dip test & buyer confirmation to pay)
- Buyer Makes Payment via MT103
- Seller Transfers Full Title & Documents
- Buyer Lifts Product / Takes Ownership
- Seller Pays Intermediaries (if applicable)
- Monthly Shipments Continue as per SPA
