Charcoal Supply

Charcoal provides a low-cost method of cooking for local communities around the developing part of the world. It alternatively represents more than 80% of the total energy used in preparing household meals in Africa.

 

Nigeria currently ranks second to Brazil in the production of charcoal. Most western countries prefer Nigeria’s charcoal because Nigeria is rich in tropical hardwood, which burns hotter and slower. Even though Charcoal is an old source of energy, Nigeria currently exports 380,000 metric tonnes of charcoal annually.

 

With a large charcoal market existing in Europe, America, & Asia, its global worth continues to retain a multi-billion Dollar value.

 

TRADE SPECIFICATIONS

Origin: Nigeria

Product Type: Lump Hardwood/BBQ/Shisha/Briquette Charcoal

Physical Specification: Based On Buyer’s Specification

Quantity: Based On Buyer’s Specification

Price: Negotiable / Metric Tonne

Trade Process: Ex Works/FOB/CIF

Payment Method: 100% irrevocable SBLC or L/C at sight from a top 25 prime bank.

Shipping Time: 15 days after confirmation of L/C

Loading Port: Lagos, Nigeria

OUR TRADE PROCESS

Our trade process spreads across CIF, FOB, TTO, and TTT, depending on the buyer’s preference.

 

Here’s what they entail:

1). Cost Insurance and Freight (CIF): Here, the seller will handle everything from loading the vessel, paying for insurance, and sending the product to wherever the buyer wants it delivered.

2). Freight On Board (FOB): Here, the seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination.

3). Tanker Take Over (TTO): Here, the buyer will take over the vessel, offload the product at their destination, and return it.

4). Tanker To Tanker (TTT): Here, the buyer uses their own vessel, long sides with the seller’s vessel, and then the cargo is transhipped when the transaction is fully settled.

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