HANSE PARTNER Concept

Unless otherwise agreed all shipments are operated by HANSE OIL (Iberica) Shipping, or in cooperation with China Line or Maersk and in compliance with INCOTERMS (latest revision) C.F.R. and Gencon Charter Party. HANSE would assist to cover (Marine) Insurance upon special request.

Basically, we deliver according to INCOTERMS latest revision, C.F.R. port of destination. Upon request HANSE is prepared to offer Marine Insurance based on a signed FTS firm Term Sheet.

Inspection will be conducted at the port of loading at sellers expense. We usually work with internationally recognzeable Inspectors, or as mutually agreed with the buyer.

We provide storage by (off-shore) terminal agreements at may locations worldwide where we can also assist our clients with customs formalities, documentation and credit (forfaiting) services. Please visit HANSE Finance fr more information regarding our "Non-Recourse Contract Forfaiting).

Upon agreement we connect our licensed clients to the HANSE Electronic Payment Network that comfortably allows payment settled and monitored within 30 Minutes. Generally, we accept payment by irrevocable and confirmed documentary letter of credit in standard format that does allso apply for all HANSE purchases, unless otherwise agreed.

Principally, we are prepared to negotiate to forfaite of your sales- or purchase agreement up to 85% - we shall pay your seller within 10d and acknowdge your contract to your buyer upfront if requested, all referenced by a HANSE Refinery Trust Receipt. Except your HANSE Sales- or Purchase Contract we provide finance support under mutually tailored terms and conditions. Contact our finance department: hanse.finance@hanseoil.asia