Terms & Conditions
Welcome to Blue Ocean Ventures LLC (“Blue Ocean Ventures”, “Company”, “we”, “our”, or “us”). These Terms & Conditions (“Terms”) govern your access to and use of our website, https://www.blueoceanlt.com, and our wholesale products and services.
By accessing or using our website, submitting inquiries, requesting quotations, or purchasing products from us, you agree to be bound by these Terms. If you do not agree with these Terms, please do not use our website or services.
1. About Us
Blue Ocean Ventures LLC is an international B2B wholesale eCommerce company specializing in connecting manufacturers, suppliers, distributors, wholesalers, retailers, and institutional buyers through reliable sourcing and international trade solutions. We are a registered company in Lithuania. Our mission is to promote sustainable, eco-friendly, and high-quality products across global markets.
2. Eligibility
Our website and services are intended exclusively for:
Registered businesses
Importers and exporters
Distributors
Wholesalers
Retailers
Institutional buyers
Government and corporate organizations
You represent that you have the legal authority to act on behalf of your business.
3. Products and Services
Blue Ocean Ventures LLC offers wholesale products and sourcing services.
We reserve the right to:
Modify product offerings
Change specifications
Discontinue products
Update pricing
Limit product availability
Refuse service when necessary
Product photographs, descriptions, dimensions, colors, and specifications are provided for general information and may vary slightly from the actual products.
4. Quotations
All quotations provided by Blue Ocean Ventures LLC:
Are subject to product availability
May include minimum order quantities (MOQ)
May be subject to validity periods
Do not constitute a binding contract until accepted by both parties
Pricing may change without prior notice unless otherwise agreed in writing.
5. Orders
Orders become binding only after written confirmation from Blue Ocean Ventures LLC.
We reserve the right to:
Reject any order
Cancel suspicious transactions
Request additional verification
Refuse orders that violate applicable laws
6. Pricing
Unless otherwise stated:
Prices are quoted in the agreed currency.
Taxes, customs duties, import charges, and local fees are the responsibility of the buyer.
Shipping costs may be charged separately.
Pricing errors may be corrected at any time, even after an order has been submitted.
7. Payment Terms
Payment terms are determined on a case-by-case basis and may include:
Advance payment
Partial payment
Letter of Credit (L/C)
Bank transfer (T/T)
Other mutually agreed commercial payment methods
Orders may not be processed until payment obligations have been satisfied.
8. Shipping and Delivery
Delivery schedules are estimates only.
Actual delivery may be affected by:
Manufacturing delays
Customs clearance
Port congestion
Transportation disruptions
Weather conditions
Force majeure events
Risk of loss and ownership transfer according to the agreed Incoterms® specified in the sales agreement.
9. Import Responsibilities
The buyer is responsible for:
Import permits
Customs clearance
Local taxes
Duties
Compliance with local regulations
Product certifications required in the destination country
10. Inspection and Acceptance
Buyers should inspect shipments immediately upon delivery.
Any claims regarding:
Damaged goods
Missing items
Incorrect products
must be reported in writing within 7 business days after receipt.
Failure to report within this period may constitute acceptance of the shipment.
11. Returns and Claims
Because we operate primarily as a wholesale supplier, returns are accepted only when:
Products arrive damaged
Incorrect products are delivered
Products have verified manufacturing defects
Returns require prior written authorization from Blue Ocean Ventures LLC.
Unauthorized returns may be refused.
12. Intellectual Property
All website content, including:
Logos
Graphics
Product images
Text
Documents
Designs
Branding
Software
is the intellectual property of Blue Ocean Ventures LLC or its licensors and is protected under applicable intellectual property laws.
No content may be copied, reproduced, distributed, or modified without prior written permission.
13. Website Use
Users agree not to:
Use the website for unlawful purposes
Attempt unauthorized access
Upload malicious software
Disrupt website functionality
Misrepresent business information
Violate intellectual property rights
We reserve the right to suspend or terminate access for violations of these Terms.
14. Confidentiality
Business information exchanged during quotations, negotiations, sourcing activities, or transactions shall be treated as confidential unless disclosure is required by law or agreed upon by both parties.
15. Limitation of Liability
To the maximum extent permitted by law, Blue Ocean Ventures LLC shall not be liable for:
Indirect damages
Consequential damages
Loss of profits
Business interruption
Loss of business opportunities
Delays caused by third parties
Force majeure events
Our total liability shall not exceed the amount paid for the relevant order.
16. Force Majeure
Blue Ocean Ventures LLC shall not be liable for delays or failure to perform obligations resulting from circumstances beyond our reasonable control, including but not limited to:
Natural disasters
War
Government restrictions
Pandemics
Labor disputes
Transportation interruptions
Cyber incidents
Power failures
17. Privacy
Your use of our website is also governed by our Privacy Policy, which explains how we collect, use, and protect your information.
18. Third-Party Links
Our website may contain links to third-party websites.
We do not control or endorse those websites and are not responsible for their content, policies, or practices.
19. Governing Law
These Terms & Conditions shall be governed by and interpreted in accordance with the applicable laws governing Blue Ocean Ventures LLC, unless otherwise agreed in a written commercial contract between the parties.
Any disputes shall first be resolved through good-faith negotiations. If resolution cannot be reached, the dispute shall be submitted to the appropriate courts or arbitration forum as agreed by the parties.
20. Changes to These Terms
Blue Ocean Ventures LLC reserves the right to update or modify these Terms at any time.
Any changes become effective immediately upon publication on this website. Continued use of the website constitutes acceptance of the revised Terms.
21. Contact Information
If you have any questions regarding these Terms & Conditions, please contact us:
MB “Blue Ocean Ventures LLC”
Website: https://www.blueoceanlt.com
Email: admin@blueoceanlt.com
Business Address: Girulių g. 5, Vilnius, 12124 Vilniaus m. sav., Lithuania
Bangladesh Office: House # 15, (Lift-8),Road # 12 Sector # 7, Uttara Model Town Dhaka-1230, Bangladesh
Business Hours: Monday – Friday, 9:00 AM – 6:00 PM (Local Business Time)