Breached Contracts


Contract Number: 1277917423 issued on June 30, 2010, 1:03 pm and became overdue for payment on September 18,2010

Company Name: HEIHE YUAN TONG IMPORTS AND EXPORTS TRADING CO
Address: Hailan Lan Street 222
Heilongjiang prorinle Heihe City
City: China
Contact: QinXiang Fan YONG LIANG GONG CEO
Telephone: 01186 139 1186 6180
Fax: 01186 045 6610 8428
Email: FZX9988@163.com


Shipping to HEIHE YUAN TONG IMPORTS AND EXPORTS TRADING CO located in China

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 275.00 USD to be unloaded in China - Shanghai
Client currently owes $ 99,000,000 USD from September 18,2010 which is a full breech of contract on the initial amount of $ 8,250,000 due on September 18,2010
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: Buyer failed to pay for material after ship was loaded - barge returned to demurrage for 30 day Maritime Law hold - OBOL Cancelled for NON-PAYMENT - BUYER FRAUD