| Subject | Date Asked | Expert |
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| LC and PB | 2/6/2010 | Davide Andrew Papa |
Q: How are you? Recently we've tried to establish a business connection between crude oil supplier and ...
A: It not a "Performance Bond" per say its a "Performance guarantee" and is one of the classical ...
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| Oil exports | 2/4/2010 | Scott Brinks |
Q: Good evening, I am a producer of extra virgin olive oil, my farm is located in Italy in Siena. I ...
A: Your question is not quite clear. Is your issue that you have to ship in pallet quantities and you ...
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| Commission | 2/4/2010 | Davide Andrew Papa |
Q: Papa, My question is based on your answer below... I have buyers and sellers that I am trying to ...
A: There is nothing I can add- go to www.ftnx.9f.com read about offers and mandates in FAQ- Go to www. ...
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| Shippers Paperwork Requirements for Exworks freight | 2/3/2010 | Scott Brinks |
Q: The sellers system doesn't have all the traditional fields, traditionally displayed on a commercial ...
A: I am not sure what the UK Custom's formalities would let you get away with, but the US Export ...
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| Real buyer, want to know how to get the Seller | 1/27/2010 | Davide Andrew Papa |
Q: I would like to ask you a question. I have a very real and serious Buyer based in USA. He has over ...
A: Let me really give you some excellent insight as an experiment- Assume there is a lot more to it- ...
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| Suggestions required for an Eprocurement Solution design | 1/27/2010 | Scott Brinks |
Q: I am working for an SME IT firm. Our company has a basic eprocurement solution. We have been using ...
A: Chinnappa, My recommendation for categorization of products would be the US Customs Harmonized ...
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| Raw Material Trade Intermediary | 1/25/2010 | Davide Andrew Papa |
Q: First off I have to bow to you for your excellent expertise and spend time reading this. I'm not an ...
A: You've done well- I'm also not the best at English , but i speak three other languages- You see ...
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| RE:Trading using FCL instead of FOB | 1/23/2010 | Davide Andrew Papa |
Q: I thank you for the great work that you continue to do,my question today is this how does one trade ...
A: No! your perception is incorrect. It's just as hard to do a CIP (Correct container terms for CIF) or ...
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| Wine purchased in Spain hung up at DHL in Cincinnati, OH | 1/23/2010 | Nicola Zheng |
Q: A family member honeymooning in Spain shipped 4 bottles of wine and three bottles of olive oil ...
A: this is really not my expertise, but I did some search on this topic, hopefully the following sites ...
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| Compensation for liquor sales agents (independent contractors) | 1/19/2010 | Eric Hofer |
Q: Eric, I am running a liquor importing & distribution start up. We don't have the capital to employ ...
A: Tom, Computing a fair Sales Rep compensation is not easy! Worse if such is meant to inspire a team ...
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| wine broker | 1/16/2010 | Davide Andrew Papa |
Q: I am in the early stages (very early)of starting a wine brokering venture in the state of Florida. ...
A: No license is needed- the imported gets his own permits - the supplier needs his own permits- ...
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| Buyer's Agent | 1/7/2010 | Davide Andrew Papa |
Q: Papa, During a recent trip to India we met with a company that processes metallurgical coal into ...
A: You are wasting you time with such agency agreement - To litigate upon dispute with such all the ...
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| Cargo Insurance | 12/10/2009 | Davide Andrew Papa |
Q: I made good progress over the last few days regarding my sugar deal, that you were so kind to ...
A: I did not elaborate on CIF and Container loads because I wanted intermediaries to concentration ...
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| PG, Transferring Fees | 12/9/2009 | Davide Andrew Papa |
Q: I read your Expert Advise with great interest and it has helped me tremendously to getting close to ...
A: (1) Actually the proposal for the LC for the entire contract period came from my advising bank as ...
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| Secure 12 months contract | 12/8/2009 | Davide Andrew Papa |
Q: I read your Expert Advise with great interest and it has helped me tremendously to getting close to ...
A: (1) Thank you for your compliments Dirk. It's all about getting "Close " to a deal in the physical ...
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| POP vs POF? | 12/7/2009 | Davide Andrew Papa |
Q: I have come across many different so-called "offers" for petroleum products. Many of them ask the ...
A: All nonsense- The answer is NO- read past answers on this site- Read www.ftnx.net FAQ Study FTN's ...
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| Very puzzled! | 12/6/2009 | Davide Andrew Papa |
Q: Papa, I have gone through your website; found it to be very honest and factual made my head turn 20 ...
A: I am going to be a little tough on you , so that it all sinks in- it's way of being kind to you. ...
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| New | 12/4/2009 | Davide Andrew Papa |
Q: I have been given the opportunity to become involved in trading for in direct connection Gazprom. ...
A: A supplier ignorant of the facts can ask for any method of application they wish for - If they ask ...
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| is this real | 11/29/2009 | Davide Andrew Papa |
Q: 10M x 12 JP54 Houston. Pricing is 12/8 Discount using Gulf Platt We will not do fixed pricing so ...
A: May be it's real- Who knows. As far as intermediaries are concerned it's rubbish, even if its 100% ...
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| L/C transfer | 11/26/2009 | Davide Andrew Papa |
Q: My question was must I be in the same country or should I have an account with a bank as same as of ...
A: NO ..But understand this - If you live in lets say the USA and have an account in lets say Hong ...
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| Secure commisions | 11/25/2009 | Davide Andrew Papa |
Q: Papa, I have a buyer and seller ready to trade in D2 oil for 12 months. I am in touch with the ...
A: The question you asked indicates to me you have a lot more to worry about than just being ...
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| Transferable RDLC | 11/21/2009 | Davide Andrew Papa |
Q: We are a reseller company in oil and rice trading business. our contracts are consisted of year(12 ...
A: resellers? Correctly defined- You mean intermediary "Buyer/seller" - You buy from supplier as Buyer ...
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| Amendments | 11/19/2009 | Davide Andrew Papa |
Q: I am an intermediary. The buyer of a sugar deal I have says these amendments are standard ...
A: Your are a Intermediary ? But? you a not ITSI or FYBR V informed intermediary ? Otherwise you ...
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| importing wine | 11/16/2009 | Eric Hofer |
Q: Can you please tell me how can I get the license to import wine from other countries to the state of ...
A: Yes. As I recall US "State Laws" (for the most part) govern activity within a State. Federal laws ...
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| DLC Conditions | 11/11/2009 | Davide Andrew Papa |
Q: Davide Papa Thank you for your expert advice. I know I have asked a lot of questions and I hope you ...
A: You need to know a lot to get his application right- The Pre advised UCP 600 is Irrevocable DLC ...
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| oil trading | 11/9/2009 | Davide Andrew Papa |
Q: I have been asked to help secure a bank letter of credit for a transaction involving the sale of ...
A: It's rubbish..They don't have anything- They think that by getting a BCL they can go to the Russian ...
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| Step by Step Oil Contract | 11/7/2009 | Davide Andrew Papa |
Q: David, I am in the infancy process of putting together a strong crude oil deal. I need a step by ...
A: You need to study and learn FYBR as advised on my website- it takes months of study learning and ...
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| Gazprom D2 oil offer | 11/4/2009 | Davide Andrew Papa |
Q: You have been a lot of help to me in the past and I thank you so very much. I trust no ones advice ...
A: It's a fake- The person giving it to you thinks it s real- intermediary chasing intermediary Good ...
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| manufacturing and distribution channels | 10/28/2009 | Eric Hofer |
Q: Greetings Peter, I would like to know, if you have info. on who I can contact that manufactures ...
A: THIS IS A FOLLOWUP... SEE END PLEASE !!! I put a little bit of time into researching what's ...
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| Background Checks | 10/24/2009 | Davide Andrew Papa |
Q: Your inputs here are very helpful. Thanks a lot for your contribution. I am glad that a place such ...
A: I think you've missed the point somewhere- You are not a financial reporting company or bank or the ...
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| Background Checks | 10/24/2009 | Davide Andrew Papa |
Q: Your inputs here are very helpful. Thanks a lot for your contribution. I am glad that a place such ...
A: Such a nice compliment deserves a good answer- The basis of the whole intermediary trading ...
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| How to secure my commission as a S.I. | 10/22/2009 | Davide Andrew Papa |
Q: I'm aware of your existence since last monday 19th of october. I appreciate very much your advice ...
A: (1) All been stated in past answers- Learn effective intermediary procedures and become the actual ...
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| spot deal | 10/20/2009 | Davide Andrew Papa |
Q: Davide Papa My friend has lost $90,000 through fraud. My friend nominated a vessel (that did not ...
A: Intermediary sellsw FOB - the End Buyer orders/Charters the ship. Not the intermediary buyer but ...
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| maritime law | 10/16/2009 | Davide Andrew Papa |
Q: Davide Papa My friend has lost $90,000 through fraud. My friend nominated a vessel (that did not ...
A: (1) There are no $90,000 oil deals Nobody is going to ship 200 to 300 MT of crude oil - Thats ...
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| D2 deal almost done!!! Part 2 | 10/15/2009 | Davide Andrew Papa |
Q: Papa, Based on further reading of past answered questions presented to you, I can see ...
A: Again thank you for your compliments - Only those how have purchased my publication on my site can ...
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| D2 deal almost done!!! | 10/15/2009 | Davide Andrew Papa |
Q: Papa, I have in my hands a D2 and jet fuel supply deal pending a buyer. In Texas I ...
A: Let me try and steer you in the right direction. (1) But you have no supplier- You only have ...
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| Performance Guarantee | 10/14/2009 | Davide Andrew Papa |
Q: We have agreed as buyers to a DLC to be issued to the seller and have asked the seller for a ...
A: Right on- It is a risk. Lack of knowledge also contributes to the process of a problematic deal. ...
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| Performance Guarantee | 10/13/2009 | Davide Andrew Papa |
Q: We have agreed as buyers to a DLC to be issued to the seller and have asked the seller for a ...
A: I am assuming Bulk carrier deal and not Container deals are in play- In basic form- (1) ...
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| Oil take over | 10/11/2009 | Davide Andrew Papa |
Q: Am just a student and am trying to understand the oil business. Is there such a thing as a crude oil ...
A: Yes There is such a thing- especially for the offshore Biafra (Angola) Ocean delivery (Owned by ...
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| urgent | 10/9/2009 | Davide Andrew Papa |
Q: pls i want to know how i can become an internatoal crude oil broker. i need more information and the ...
A: Ostensibly being the one of the very few Intermediary experts on the planet, I can tell you that ...
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