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info@casablancatankersab.com

TANKS STORAGE AGREEMENT

Leasing Procedures for Storage Facilities at Casablanca Tankers AB

At Casablanca Tankers AB, we strive to provide a seamless and efficient storage leasing process to ensure a smooth transaction for all our clients. Our procedure is designed to ensure transparency, reliability, and prompt service delivery. Below are the steps to follow for leasing our storage facilities:

Submission of Documents:
The client must provide an updated corporate profile, a valid business license, a product specification sheet, and detailed information about the supplier, refinery, or exporter. Alternatively, a refinery commitment letter may be submitted.

Lease Agreement and Invoice:
Upon receiving the required documents, Casablanca Tankers AB will issue a lease agreement along with the applicable invoice. The invoice will specify the payment terms and deadlines for the client’s commitment to the transaction.

Client Confirmation:
The client must sign and return the lease agreement and invoice to confirm their commitment to the transaction. This step officially solidifies the leasing arrangement.

Prompt Payment:
Following the agreement, the client is required to make payment in accordance with the terms outlined in the signed commercial invoice. Timely payment is essential to proceed with the transaction.

Payment Confirmation:
Once the payment is made, the client must provide Casablanca Tankers AB with an official bank transfer slip or receipt to confirm the transaction.

Issuance of Tank Storage Receipt (TSR):
After payment is received, Casablanca Tankers AB will issue a Tank Storage Receipt (TSR) within 36 business hours. This receipt will follow the Notice of Readiness (NOR) from the supplier or refinery and the finalization of the injection schedule.

Injection Coordination:
Casablanca Tankers AB will collaborate with the client's supplier, refinery, or exporter to establish the injection schedule for the petroleum product into the storage tanks.

Commencement of Storage Period:
The official storage period begins once the first batch of the petroleum product (FIRST SPLASH) has been successfully injected into the tanks. From this point, the days paid for storage begin counting.

Quality and Quantity Inspection:
The client is responsible for appointing an inspection team to conduct a Dip Test Inspection, verifying the quality and quantity of the petroleum product stored in the tanks.

Product Lifting:
The client may lift the petroleum product at any time within the storage period they have paid for.

At Casablanca Tankers AB, we are committed to providing high-quality service and ensuring our clients' storage needs are met with the utmost professionalism. Contact us today to begin the leasing process and take advantage of our state-of-the-art storage facilities.

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