About Coal Tar
What Is Coal Tar?
Coal tar is a thick dark liquid that is a by-product of the production of coke and coal gas from coal. It has both medical and industrial uses. Medicinally it is a topical medication applied to the skin to treat psoriasis and seborrheic dermatitis (dandruff). It may be used in combination with ultraviolet light therapy.
Industrially, coal tar is a railway tie preservative and used in the surfacing of roads.
Coal Tar has low bitumen content and is obtained by destructive distillation of coal, wood or other bituminous materials.
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 transshipped when the transaction is fully settled.