AMIRA, with our industry partners offers Brazilian sugar deliveries on CIF basis at reduced prices.
Amira with access to a long-standing coal blender with terminals on the Big Sandy River in Kentucky (Catlettsburg, KY). The seller currently purchases its coal product primarily from small to mid-tier mines and blends to a contractual spec. The seller is the title holder of the product and is responsible for the logistics and blending of its product from the mine to river barge. Any subsequent shipping fees including river transport and port loading are the responsibility of the purchaser. However, in anticipation of a qualified buyer’s needs, is able to negotiate terms with well-known shipping companies that can provide river transport as well as mid-stream loading in New Orleans, Louisiana. Please note that while pricing with the seller is firm, final pricing with the agreed upon shipping company is subject to final negotiations between the shipper and buyer. In all cases, an irrevocable, non-transferable and divisible (seller/shipper) letter of credit will be required by the parties. Current product offering is for 83K ST/month (US 2,000lbs/ST) loaded in barge on the Big Sandy River. Metric ton conversion is 75K MT/month. Increases in volumes and terms are subject to further discussion and negotiation between the seller and qualified buyer. Penalties/premiums and quarterly adjusters are subject to further discussion and negotiation between the seller and qualified buyer.
Petroleum Products Sales
Gasoline all grades, Diesel, Kerosene, Marine Fuel and Jet Fuel
We supply petroleum products to both US domestic and international markets. We work in co-operation with our suppliers in order to meet the needs of government and corporate clients. Amira is working within the domestic and international markets developing its business model and capabilities to meet the needs of its valued customers. Our partnerships with our suppliers provide a critical interface that meets the energy needs of a changing world but also take into account the environmental challenges of tomorrow.
Delivery of product is directly from the refinery, shipping by pipeline or any other termination point specified by our bulk fuels supplier. The buyer is required to uplift product either directly from the producing refinery or at the flange if the delivery is by pipeline, i.e. Plantation or Colonial, etc. As a bulk unbranded fuels supplier we work directly with refineries located in major oil hubs and in close proximity to ports, waterways and pipelines.
Uplift by Vessel/Barge
Please inquire about the uplift of bulk product by vessel or barge.
Amira supplies gasoline (all grades), diesels (on road/off road), kerosene and Jet Fuel to both domestic and international clients. Amira is a 637 registered with the IRS, activity letter “S” as a position holder/through putter within the bulk terminal transfer system. Amira can supply a minimum of 250,000 gal and upwards per month of these products ex pipeline (Colonial). Amira is registered as a supplier/consignor on the colonial pipeline. Amira pricing structure is PLATT US Gulf coast [on the day before loading] with a point’s differential per gallon.
To open a trading account with Amira, buyers to complete application form on our website our and is for the purpose of supplying refined products to our end user clients. This application can be submitted online or by mail to our postal address. After we receive and verify the information submitted, our client will receive an information package from our office. After the client’s account has been activated, product quotes and orders can be submitted for your required products. Accounts are generally required to be paid within 2 days Net of product uplift/delivery, however, new account holders with no trading or financial history may be required to be pre-approved for product purchase, as per the terms and conditions of the contract and invoice requirements.
- We come to terms on a deal with the buyer which includes Price, payment terms, etc.
- A “New Business Package” is sent (1st deal only). Buyer completes the package with company information (Financial/credit information for the deal, banking information etc.) and returns it.
- We confirm supply requirements with supplier refineries for the agreed upon deal.
- Contract is sent to the buyer for approval/execution.
- Buyer receives product per contract terms.
- Bill of Lading (BOL)/Invoice sent to buyer.
- Amira drafts buyer’s bank account. Most term customers are on 3 day terms to get the best available pricing. Any new bulk deals are on a prepay basis or 2 day terms. Obviously a company’s financial status dictates the risk.
Maximum monthly quantity of each product
Minimum quantity is 420,000 gallons or 10,000 barrels per month; maximum quantity is determined by buyer’s logistical capabilities, financials and Supplier’s ability to supply. Around 50,000 – 75,000 barrels per cycle (6 – 10 days) is reasonable for a new buyer initially.
Payment is by L/C or Amira will draft buyer’s bank directly. For new clients, Payment may be required to be 36 hrs prior to uplift on execution of the contract and/or receipt of the invoice.
2 days or 3 days (Bulk) on buyer receipt of invoice or on prepay basis (new client).
Product is delivered to Amira from refinery in one of two ways:
- Suppliers sell to us at the point of origin into the pipeline and the buyer takes possession of the product and moves it themselves to a terminal location or 3rd party storage facility, or;
- Suppliers moves the fuel via pipeline, or barge to the terminal and the delivery costs are included in our price to the buyer who uplift from the terminal or storage facility.
OPIS (Oil Pricing Information Service) is a rack benchmark for fuels picked up at the rack by jobbers/haulers/distributors. It is more expensive and volatile than PLATT due to delivery costs built in and regional supply and demand and it is also specific on a city by city basis due to terminal throughput etc.
USGC PLATT is more stable and cheaper if you pick it up at a point of origin into the pipeline closer to a refinery and resell it immediately to a buyer that has shipper status. However, you can still use PLATT pricing at the terminal rack as well and sometimes it works out cheaper and sometimes it is just as much as OPIS depending on market volatility at the time. OPIS pricing is terminal rack, Inc refinery rack, and PLATT can be refinery, pipeline or terminal.