Milestones
Settlement stages
Illustrative view of how funds move and remain protected from contract execution through final release.
DieselFOB.com is a product-specific trading website operated by ALGHAF MARINE DMCC.
Illustrative
How funds move and remain protected
Each stage requires defined evidence before the appointed independent escrow agent may authorise the applicable fund movement.
| Stage | Event | Evidence | Funds status |
|---|---|---|---|
| 1 | SPA & escrow agreement signed | Electronic signatures on contract pack | Initial funding required |
| 2 | Wallet verified & initial funding received | Portal funding confirmation, transaction hash | Locked under escrow |
| 3 | Allocation confirmed | Allocation notice uploaded to Portal | Additional tranche locked if applicable |
| 4 | Inspection completed | Independent inspection report | Milestone release permitted |
| 5 | Buyer acceptance or review period elapsed | Portal acceptance record or SPA timer | Release authorisation pending |
| 6 | Loading & documentation | B/L and shipping documents | Final release tranche |
| 7 | Transaction closing | Transaction statement generated | Deal marked completed |
Illustrative structure only. Actual settlement percentages, number of tranches and release conditions are defined in the signed SPA, escrow agreement and Trading Portal record for each transaction. This table is not a binding schedule.