Exploring Coal Supplies in Colombia: A Glimpse into Our Recent Venture at Riverport, Cartagena
Greetings from the heart of coal-rich Colombia! We are thrilled to share the latest updates on our coal supply endeavors, focusing on our recent visit to Riverport in Cartagena. This strategic bulk port serves as a pivotal hub for both coal and agricultural grains exports, making it a key player in our operations.
Partnerships and Expertise: Our collaboration with Alejandro and Gustavo, our esteemed Colombian partners specializing in coal exports, has proven instrumental. Together, we navigate the complexities of sourcing and shipping high-quality coal from Colombia. Financing for these ventures is made possible through the Great SouthBay Fund Group, a reputable investment bank based in the USA with a strong foothold in Latin American projects.
Ongoing Project to Guatemala Port Quetzal: Currently, our dedicated team is actively engaged in a significant project involving the shipment of 31,000 Metric tons of coal to Guatemala Port Quetzal. The meticulous planning and execution are in line with the terms stipulated in the contractual agreement.
Price & Logistics Details: The coal is strategically positioned at the port of Barranquilla, Riverport, ready for its journey. Notably, the maximum vessel size permitted for loading at this port is 35,000 Metric tons.
Payment terms for this venture involve a 60-day window from the vessel’s arrival at Port Quetzal. Our existing buyer adheres to an escrow account arrangement, ensuring securities against shipping documents for payment of storage at the port. An annual interest rate of 10% on the declining balance is applicable, commencing from the day of the vessel’s arrival, with the final payment due 60 days thereafter.
Varied Prices and Payment Options: It’s important to note that prices and payment terms may vary depending on the destination port, reflecting the unique logistics and specifications involved. We also offer the flexibility of accepting 100% DLC at sight, transferable only, ensuring convenience for our esteemed clients. The minimum order quantity for any new orders stand at 30,000 tons.
Leadership Oversight: In ensuring the seamless execution of these operations, our CEO, Mr. Roger Taylor, and Betty Taylor are on-site in Colombia, overseeing the intricate details of the venture.
Conclusion: Our foray into Riverport, Cartagena, exemplifies our commitment to delivering quality coal supplies with precision and integrity. As we navigate the dynamic landscape of international trade, we remain dedicated to providing quality services that meet and exceed the expectations of our valued partners and clients.
Stay tuned for further updates on our coal supply ventures, and feel free to reach out for any inquiries or collaborations.
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