Welcome to Jojabs Group. These terms and conditions establish the legal framework for utilizing our global commodity sourcing, bulk trading, and international supply chain solutions.

By engaging in any trade inquiry, issuing a Letter of Intent (LOI), or entering into an SPA (Sales and Purchase Agreement) with Jojabs Group, you unreservedly accept these global trade conditions.

All physical commodity trades and logistics handled by Jojabs Group strictly abide by the latest rules published by the International Chamber of Commerce (ICC).

• Incoterms 2020: Unless otherwise specified in the SPA, all transactions are governed by standard Incoterms (e.g., FOB, CIF, CFR, Ex-Works). Responsibilities for freight, insurance, and risk transfer are dictated by the agreed term.
• Shipping Schedules: Estimated Time of Departure (ETD) and Estimated Time of Arrival (ETA) are subject to vessel availability, port congestion, and global maritime conditions.
• Demurrage & Dispatch: Buyers are fully responsible for any demurrage charges incurred at the destination port due to delayed cargo discharging or customs clearance issues.

The global commodities market is highly fluid. As such, all pricing, Soft Corporate Offers (SCO), and Full Corporate Offers (FCO) carry strict validity periods.

• Price Validity: Spot market quotations are valid for a maximum of 48 hours from issuance. Contractual pricing will follow the specific index or formula agreed upon in the SPA.
• Payment Instruments: We mandate secure financial instruments, primarily Irrevocable, Transferable/Non-Transferable Letters of Credit (LC, SBLC, or DLC) issued or confirmed by top-tier global banks.
• Taxes & Tariffs: The Buyer is exclusively responsible for all import duties, localized tariffs, VAT, and customs clearing costs in the destination country.

We guarantee that the physical commodities supplied match the specifications outlined in the final contractual agreement. To ensure transparency, third-party verification is mandatory.

All cargo will undergo strict qualitative and quantitative inspections at the port of loading (POL). Jojabs Group relies exclusively on world-renowned independent inspection agencies such as SGS, Bureau Veritas, or Intertek. The final inspection report issued at the loading port is deemed binding on both parties regarding the weight and quality of the shipment.

Jojabs Group is committed to ethical trading and strictly enforces international trade compliance and Anti-Money Laundering (AML) regulations.

• Sanctions & Embargoes: We do not facilitate trades, source commodities, or route vessels through territories currently under UN, OFAC, or EU sanctions. Strict KYC (Know Your Customer) documents must be provided upon request.
• Force Majeure: Jojabs Group holds no liability for delayed or canceled shipments caused by acts of God, maritime disasters, geopolitical conflicts, blockades, piracy, or sudden global pandemics affecting trade routes.

These terms and any specific commodity Sales and Purchase Agreements shall be governed by and construed in accordance with English Law (or the specific jurisdiction agreed upon in the SPA).

Any dispute, controversy, or claim arising out of trade execution, shipping documents, or payment defaults shall be settled through binding arbitration under the rules of the International Chamber of Commerce (ICC) or the London Court of International Arbitration (LCIA).