01
Receipt of annual requirement of Coal from CEB.
 
02
Inform annual and quarterly requirement to supplier and CSCL for forward booking and preparation of shipping arrangements.
 
03
Obtain lay cans and vessel nomination from supplier and CSCL.
 
04
Confirm Vessel nominations and lay cans.
 
05
Obtain preform invoices from the supplier.
 
06
Submission of LCC preform invoice to CEB.
 
07
Obtain letters of undertaking from CEB.
 
08
Submission of LC application to Bank.
 
09
Receipt of LC Draft.
 
10
Confirmation of LC draft and transmission of LC to beneficiaries’ Bank.
 
11
Arrival of nominated vessel at load port and commencement of loading.
 
12
Departure of vessel from loading port.
 
13
Transmission of Lord Port Test Reports, Insurance Certificate and Bill of Loading to LCC.
 
14
Receipt of base freight invoice from CSCL.
 
15
Payment of freight on receipt of funds from CEB.
 
16
Arrival of vessel at Norochcholai anchorage and carrying out of draft survey.
 
17
Health, Immigration and custom formalities.
 
18
Custom clearing of the cargo by CSCL.
 
19
Commencement of discharging.
 
20
Receipt of documents by the Bank.
 
21
Settlement of bill by CEB on intimation from the bank.
 
22
Completion of discharging.
 
23
Issuance of Draft Survey Report of Quality Test Reports of Discharging Port.
 
24
Receiving of the following invoices for settlement.
 
Freight escalation charge ( on receipt of funds from CEB )
 
Custom clearing charge.
Lightering charge ( on receipt of funds from CEB )
 
Claim for reimbursement of custom charges and Ports Authority Charges.
Draft survey and quality testing.
   
 
25
Preparation of LCC Commercial Invoice and submission to CEB for Final settlement.
 
26
Receipt of revision to annual coal requirement from CEB based on power plants performance and intimation to supplier for readjustments to the shipping schedules.
 
 
Lanka Coal Company (Pvt) Ltd.
51/3, Dutugemunu Street, Dehiwala, Sri Lanka.
Tel: +94 11 2 824 681, Fax: +94 11 2 824 689
Email: info@lankacoal.lk, Web: www.lankacoal.lk
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