LETTER OF INTENT
We, M/S. (Name withheld), Karachi, Pakistan hereby state and represent that is our intention to purchase, and we hereby confirm that we are ready ,willing and able to purchase the following commodity as per specification and in the quantity and for the price as specified in the terms and condition as stated below:
COMMODITY : Old Ship
ORIGIN : Any
QUANTITY : 5000MTW to 75000 MTW or above
DESTINATION : Karachi Port Pakistan
SHIPPING TERMS : CNF
DELIVERY TIME : Immediately upon receiving the L/C.
INSPECTION : By any International Survey Company and Buyer’s representative.
PAYMENT : By an irrevocable 100% L/C at sight.
We M/S. (Name withheld), Karachi, Pakistan are aware that this LOI is being issued on 13-10-2010.
Adeel Patrick (CEO and Managing Director.)