HEAVY MELTING STEEL SCRAP #1 (HMS#1) (Under Contract 2003 / 2004)
For Delivery FOB basis, Paranam, Suriname, South America
Free of contamination, radiation and explosives.
Minimum Shipment Quantities: 12,500 metric tons +- 10%
12,500 mtons per month are available to load.
Shipment : In Bulk
Shipment Schedule: Within 30 days of receipt of Buyers acceptable L/C
Material Cuts: HMS 1 Material is cut 5' X 2' max.
Payment via G7 bank L/C.

Port Information:
Berth length 600 feet, 24,000 ton vessels able to dock at berth.
Minimum ship gear per hold; should have cranes with over side 7 meter booms for each hold, 15 ton capacity min.
Loading via skip pans, average hold about 6 to 8 m/t each.
Loading rate: Min. 1,000 mt per day.
The max. port draft is 21 ft


Physical inspections are available in two alternatives:

• Upon signing of buy/sell contract, Buyer issues within ten days an acceptable L/C to Genesis, Genesis will issue a Performance Bond. SGS or other acceptable third party will inspect at the place of loading. Buyer is welcome to inspect at loading.
  OR
  
• Prior to issuing L/C, Buyer wire transfers good faith deposit of 5% of invoice amount to Genesis in NY to be applied to purchase amount. An agent for Genesis will then meet Buyer at scrap facility for inspection and Buyer can view and allocate scrap for his shipment.
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