What does POL stand for?

The MoU addresses Northlands interest in using the Port of Kemi as a port of loading for its Tapuli concentrate.

Despite potentially enhanced profits, a large portion of America's exportable raw materials are sold at mine site, or Freight on Board (FOB) rail and less often FOB port of loading.

When an overall laytime has been set for loading and unloading operations, any time saved in the port of loading shall be credited to the consignee.

port terminal operators; containers will be tracked and automatically authenticated from the point of manufacturing, port of loading, transshipment port and to final discharge in the U.

port terminal operators; containers will be tracked and automatically authenticated from the point of manufacturing, port of loading, transshipment port and to final discharge in the U.

Standard & Poor's assessed the underlying risk to MBIA to be investment grade based on: -- OEL's rights to receive oil from a major Latin American oil producer under a commercial sales agreement; -- The strong position of the company as a producer and exporter of crude oil; -- The highly rated physical off-taker's obligation to purchase oil from OEL under a long-term commercial purchase agreement; -- The off-taker's position as an established commodity trader with an investment-grade rating; -- Delivery of oil primarily through a pipeline; and -- The flexibility to change the type of crude oil and the port of loading in order to meet delivery obligation.