INTEL
Status: blockedCLUSTERNovorossiysk-Turkish-Med Dark Fleet Cluster added — confirmedStatus: blockedCLUSTERPinnacle Petrol LLC added — likelyStatus: blockedCLUSTERSimar Chahal added — confirmedStatus: blockedCLUSTERSSW Kafcima added — likelyStatus: blockedCLUSTERNW Corp Singapore added — likelyStatus: pendingCORPUS429 entities · 64 countries
All terms

Contracts & documentsfco

FCO

Full Corporate Offer — the hardened version of an SCO, binding on the seller subject to payment instrument issuance.

A Full Corporate Offer (FCO) is the sellers commitment document that follows a matched SCO+ICPO. It locks pricing basis, laycan, loading port, and payment terms, subject only to the buyer opening a compliant payment instrument (usually an LC via MT700).

FCOs that lack a named loading terminal, a named inspection company (SGS/Intertek/Bureau Veritas), and a specific laycan window are not commercially usable.

Related: SCO, SPA, MT700.

See also

scospamt700

Seen this term in a live pitch?

These terms show up in real deal pitches — some legitimate, some not. OilFlow screens the counterparty behind the pitch against 7 sanctions lists + PEP and a first-party-investigated fraud-cluster corpus, with a clearance verdict in under 30 seconds.