STORAGE FACILITIES LEASING PROCEDURES

LEASING PROCEDURE FOR TANK TERMINAL ZUIDERZEEHAVEN B.V

The leasing procedure for Tank Terminal Zuiderzeehaven B.V is a step-by-step process that ensures a smooth and efficient transaction for all parties involved. Please follow the procedures outlined below:

Step 1: Client Registration and Profile Update

The client is required to provide an updated corporate profile and business license to introduce their company. This information will be used to verify the client’s identity and ensure that they are a legitimate business entity. The corporate profile should include, but not limited to, the company’s name, address, contact information, and business description. The business license should be a valid and current document issued by the relevant authorities.

Step 2: Product Specification and Supplier Information

In addition to the corporate profile and business license, the client is also required to provide a product specification sheet and supplier/refinery/exporter details in full. This information will be used to determine the type and quantity of petroleum product to be stored, as well as the logistics of the delivery. Alternatively, the client may provide a refinery commitment letter, which confirms the refinery’s commitment to supply the petroleum product.

Step 3: Lease Agreement and Invoice

Upon receipt of the client’s corporate profile, business license, product specification sheet, and supplier/refinery/exporter details, Tank Terminal Zuiderzeehaven B.V will send over a lease agreement and applicable invoice. The lease agreement will outline the terms and conditions of the lease, including the duration of the lease, the amount of storage space allocated, and the payment terms. The invoice will show the total amount due and the payment deadline.

Step 4: Client Commitment

The client is required to sign and return the lease agreement and invoice to confirm their commitment to the transaction. This signature confirms that the client has read and understood the terms and conditions of the lease and agrees to abide by them.

Step 5: Payment

The client is required to make the payment immediately, as per the signed commercial invoice. The payment should be made in the specified currency and amount, and should be received by Tank Terminal Zuiderzeehaven B.V within the stipulated time.

Step 6: Payment Confirmation

Once the payment has been made, the client is required to send an official bank transfer slip or receipt to Tank Terminal Zuiderzeehaven B.V, confirming the payment. This document should include the payment details, including the date, amount, and reference number.

Step 7: Tank Storage Receipt (TSR)

Upon receipt of the payment, Tank Terminal Zuiderzeehaven B.V will provide a Tank Storage Receipt (TSR) to the client within 36 business hours. The TSR will be issued after receiving the Notice of Readiness (NOR) from the seller/refinery and creating an injection schedule. The TSR is a document that confirms the storage of the petroleum product and outlines the terms and conditions of the storage.

Step 8: Communication with Supplier

Tank Terminal Zuiderzeehaven B.V will open communication with the client’s supplier/refinery/exporter to create an injection schedule. This schedule will outline the logistics of the delivery, including the date, time, and quantity of the petroleum product to be delivered.

Step 9: Storage Period Commencement

Upon completion of the reception of the petroleum product (First Splash) from the pipeline into the tanks, the number of days the lessee company paid for will start counting as days of use for the storage of the petroleum product. This marks the commencement of the storage period, during which the lessee company will have access to the stored petroleum product.

Step 10: Inspection and Lifting

The lessee company is required to provide their inspection team for dip test inspection confirmation of the quality and quantity of the petroleum product received from the pipeline system into the tanks. The lessee company may lift the petroleum product from the tank at any time during the validity of the days they paid for. This ensures that the lessee company has control over the petroleum product and can manage their inventory as needed.

By following these steps, Tank Terminal Zuiderzeehaven B.V ensures a smooth and efficient leasing process for all parties involved. The procedure is designed to provide a clear understanding of the terms and conditions of the lease, as well as the logistics of the delivery and storage of the petroleum product.