The Port of Santos is the largest in Latin America.
Connecting over 600 ports in 125 countries. In 2018, the port was responsible for processing 133 million tons of cargo and 4.1 million TEUs, generating USD 250 million in revenue. Primary hinterland comprises 5 states representing 67% of Brazil's GDP.
The Port of Odessa or Odessa Sea Port - located near Odessa - is the largest Ukrainian seaport and one of the largest ports in the Black Sea basin, with a total annual traffic capacity of 40 million tonnes.
Mundra Port is the largest private port of India located on the north shores of the Gulf of Kutch near Mundra, Kutch district, Gujarat. Formerly operated by Mundra Port and Special Economic Zone Limited owned by Adani Group, it was later expanded into Adani Ports & SEZ Limited managing several ports.
Buenaventura is a coastal seaport city located in the Pacific Region of the department of Valle del Cauca, Colombia (South America). Buenaventura (Spanish for "good fortune") is the main port of Colombia in the Pacific Ocean.
PROCEDURES:
1. The Buyer issues ICPO + RWA/BCL as POF (Proof of Funds)
2. Seller/Exporter issues FCO (Full Corporate Offer)
3. Buyer returns signed and stamped FCO and Draft of DLC/SBLC
4. The Seller issues the draft contract
5. Buyer returns draft signed, stamped, and scanned by email and will be considered a legal Purchase and Sale Agreement until copies are exchanged.
6. The seller issue commercial invoice
7. The Buyer returns the stamped and signed the commercial invoice
8. Buyer submits draft of DLC / SBLC
9. The seller returns the above bank instrument with possible changes
10. The buyer’s bank issues the DLC
11. The seller issues the PB 2% within 7 banking days
12. The buyer will receive an invitation letter to accompany the shipment at the port
13. Within 30-45 days the ship will be loaded
14. Payment against BL, SGS, shipping documents
15. Ship’s release