FREIGHT & LOGISTICS

Incoterms are international rules which are used in trades. They define the obligations of each party (seller, buyer) in the commercial transaction: delivery, insurance, transport, risks, mandatory document. Incoterms define precisely who is in charge of what. The 11 Incoterms can be used both during trade with an International company, as well as with a national company. They are defined by the International Chamber of Commerce. They can be added to your invoice if necessary

EXW: Buyer is responsible for pickup from seller´s factory or warehouse.

FCA: Free Carrier, unloaded at the seller´s dock OR named place where shipment is available to the international carrier or agent, not loaded. This term can be used for any mode of transport.

FOB: Free on Board vessel, named ocean port of destination. This term is used for ocean shipments only where it is important that the goods pass the ship´s rail. International carriage paid by the seller.

CFR/CNF: Cost and Freight, named ocean port of destination. This term is used for shipments that are not containerized. 

CIF: cost, Insurance and Freight, named ocean port of destination. this term is used for shipments that are not containerized.

CPT: Carriage Paid To, named place or port of destination. This term is used for air or ocean containerized and roll-on-roll-off shipments.

CIP: Carriage and Insurance to pay, named place or port of destination. this term is used for air or ocean containerized and roll-on-roll-off shipments. Arrival at stated destination.

DDU: Delivered Duty Unpaid, named place of destination, not unloaded, not cleared. This term is used for any mode of transportation.

DDP: Delivered Duty Paid, named place of destination, not unloaded, cleared. This term is used for any mode of transportation.

 

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