USEFUL INFORMATION

Insurance
EXW FCA FAS FOB CFR CIF CPT CIP DAT DAP DDP

EXW : Ex Works (...named place)
In Ex Works, the seller/exporter/manufacturer merely makes the goods available to the buyer at the seller's "named place" of business. This trade term places the greatest responsibility on the buyer and minimum obligations on the seller. The seller does not clear the goods for export and does not load the goods onto a truck or other transport vehicle at the named place of departure.

Modes of Transport Covered
All modes of transport including multimodal. 

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage by sea vessel to the named port of destination. No obligation to provide insurance.
B.3. Carriage and Insurance
No obligation to the seller.
A.4. Delivery
Deliver the goods on board the named vessel at the named port and on the date or within the time period stipulated in the sales contract.
B.4. Taking Delivery
Take delivery of the goods at the port of destination as provided in the sales contract.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have passed over the ship's rail at the port of shipment.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have passed over the ship's rail at the port of shipment.
A.6. Costs
Pay all costs until the goods have been delivered to the named port of shipment and passed over the ship's rail plus costs of loading, carriage to the port of destination and normal unloading. Also to pay all costs relating to export including duties, taxes and customs formalities.
B.6. Costs
Pay all additional costs for the goods once they have passed over the ship's rail at the port of shipment, including unloading, lighterage and wharfage at the port of destination. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered on board the named vessel.
 B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for shipping and/or specify a port of destination, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a transport document that will allow the buyer to claim the goods at the destination and (unless otherwise agreed) allow the buyer to sell the goods while in transit through the transfer of the transport document or by notification to the sea carrier.
 B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection except inspections required by the country of export.
A.10. Other
Provide the buyer at the buyer's request, risk and expense any and all assistance in securing documentation originating in the country of export or of origin required for import and transshipment (as necessary). Provide the buyer at the buyer's request information necessary to obtain insurance.
 B.10. Other
Pay all costs of securing documentation from the country of origin or export as required for import. Reimburse seller for costs in providing such documentation or assistance.

 

EXW : Ex Works (...named place)
In Ex Works, the seller/exporter/manufacturer merely makes the goods available to the buyer at the seller's "named place" of business. This trade term places the greatest responsibility on the buyer and minimum obligations on the seller. The seller does not clear the goods for export and does not load the goods onto a truck or other transport vehicle at the named place of departure.

Modes of Transport Covered
All modes of transport including multimodal. 

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost all required export licenses, documentation and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain all import licenses, documentation and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
The seller has no obligation to provide carriage of goods or insurance. However, if requested by buyer, the seller may contract for carriage on standard industry terms at the buyer's risk and cost. If so, the seller must notify buyer who may chose to decline the contract and notify the seller.
B.3. Carriage and Insurance
Provide for contract of carriage from the named place. No obligation to seller for insurance.
A.4. Delivery
Deliver the goods to the named carrier, freight forwarder or person at the named place and at the time stipulated in the sales contract. Requirements for delivery to the carrier vary depending upon the means of transport and the size of the shipment. In general, delivery is considered complete when the seller either loads the goods onto the vehicle provided, or delivers the goods to the carrier's terminal, unloaded.
B.4. Taking Delivery
Take delivery of the goods as provided in the sales contract.
A.5. Risk Transfer
Assume all risks to the goods (loss or damage) until they have been delivered to the carrier.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been delivered to the carrier as provided in the sales contract.
A.6. Costs
Pay all costs until the goods have been delivered to the carrier as well as all costs relating to export including duties, taxes and customs formalities.
B.6. Costs
Pay all costs for carriage and insurance from the time the goods have been delivered to the carrier as provided in the sales contract. Pay all costs resulting from failure to take delivery at the named place and time. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment.
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered to the carrier.
B.7. Notice to Seller
Give the seller sufficient notice of the name of the carrier, the time or period for delivery and the place of delivery.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a proof of delivery (to the carrier) or a transport document, or to assist the buyer in obtaining a transport document.
 B.8. Proof of Delivery
Accept the seller's proof of delivery or transport document
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection except inspections required by the country of export.
A.10. Other
Provide the buyer, at the buyer's request, risk and expense, assistance in securing documentation originating in the country of origin or of export as required for import or transshipment through another country. Provide the buyer at the buyer's request information necessary to obtain insurance.
 B.10. Other
Pay all costs associated with securing documentation originating in the country of origin or export as required for import. Reimburse seller for costs in providing documentation or assistance. Give the seller instructions regarding carriage.

 

Free Alongside Ship (...named port of shipment)
Seller delivers the goods alongside the vessel only. Buyer bears all costs and risks from that moment onward.

Modes of Transport Covered
Used only for ocean or inland waterway transport.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost all required export licenses, documentation and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain all import licenses, documentation and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
The seller has no obligation to provide carriage of goods or insurance. However, if requested by buyer, the seller may contract for carriage on standard industry terms at the buyer's risk and cost. If so, the seller must notify buyer who may chose to decline the contract and notify the seller.
B.3. Carriage and Insurance
Provide for contract of carriage from the named place. No obligation to seller for insurance.
A.4. Delivery
Deliver the goods to the named carrier, freight forwarder or person at the named place and at the time stipulated in the sales contract. Requirements for delivery to the carrier vary depending upon the means of transport and the size of the shipment. In general, delivery is considered complete when the seller either loads the goods onto the vehicle provided, or delivers the goods to the carrier's terminal, unloaded.
B.4. Taking Delivery
Take delivery of the goods as provided in the sales contract.
A.5. Risk Transfer
Assume all risks to the goods (loss or damage) until they have been delivered to the carrier.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been delivered to the carrier as provided in the sales contract
A.6. Costs
Pay all costs until the goods have been delivered to the carrier as well as all costs relating to export including duties, taxes and customs formalities.
B.6. Costs
Pay all costs for carriage and insurance from the time the goods have been delivered to the carrier as provided in the sales contract. Pay all costs resulting from failure to take delivery at the named place and time. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment.
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered to the carrier.
 B.7. Notice to Seller
Give the seller sufficient notice of the name of the carrier, the time or period for delivery and the place of delivery.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a proof of delivery (to the carrier) or a transport document, or to assist the buyer in obtaining a transport document.
 B.8. Proof of Delivery
Accept the seller's proof of delivery or transport document.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection except inspections required by the country of export.
A.10. Other
Provide the buyer, at the buyer's request, risk and expense, assistance in securing documentation originating in the country of origin or of export as required for import or transshipment through another country. Provide the buyer at the buyer's request information necessary to obtain insurance
 B.10. Other
Pay all costs associated with securing documentation originating in the country of origin or export as required for import. Reimburse seller for costs in providing documentation or assistance. Give the seller instructions regarding carriage.

 

Free Alongside Ship (...named port of shipment)
Seller delivers the goods alongside the vessel only. Buyer bears all costs and risks from that moment onward.

Free On Board (...named port of shipment)
Carriage to be arranged by the buyer from port of departure. Only used For ocean or inland waterway transport.

Modes of Transport Covered
Used only for ocean or inland waterway transport.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Provide the buyer at the buyer's request, risk and cost, every assistance in obtaining any license, authorization or documentation required for export of the goods.
B.2. Licenses and Customs Formalities
Obtain at own risk and cost all export and import licenses and authorizations. Carry out all export and import formalities at own risk and cost.
A.3. Carriage and Insurance
The seller has no obligation to provide carriage of goods or insurance.
B.3. Carriage and Insurance
The buyer has no obligation to the seller to provide contract of carriage or insurance.
A.4. Delivery
Make the goods available to the buyer, unloaded, at the named place and on the date stipulated in the sales contract
B.4. Taking Delivery
Take delivery of the goods when they have been made available by the seller in accordance with the terms of the sales contract.
A.5. Risk Transfer
Assume all risks to the goods (loss or damage) until they have been made available to the buyer as above in # 4 above.
B.5. Risk Transfer
Assume all risks (loss or damage) from the time the goods have been made available by the seller in accordance with the terms of the sales contract.
A.6. Costs
Pay all costs until the goods have been made available to the buyer in accordance with #4 above.
B.6. Costs
Pay all costs for carriage and insurance from the time the goods have been made available by the seller in accordance with the terms of the sales contract. Pay all costs resulting from failure to take delivery at the named place and time. Pay all costs relating to export and import including duties, taxes, customs formalities and other charges including transshipment. Reimburse the seller for costs of providing assistance in obtaining export licenses and authorizations.
A.7. Notice to the Buyer
Provide sufficient notice to the buyer of the location and time of availability of the goods.
 B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time within a stipulated period, and/or specify a place of taking delivery, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
The seller has no obligation to provide the buyer with a proof of delivery or a transport document.
 B.8. Proof of Delivery
Provide the seller with evidence of having taken delivery.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection(s) including inspections required by the country of export.
A.10. Other
Provide the buyer, at the buyer's request, risk and expense, assistance in securing documentation originating in the country of origin or of export as required for export and import. Provide the buyer at the buyer's request information necessary to obtain insurance
 B.10. Other
Pay and/or reimburse the seller for all costs associated with securing documentation originating in the country of origin or export as required for export and import.

 

Cost and Freight ... (named port of destination)
Carriage to be arranged by the seller. Risk transfers from seller to buyer once goods on board vessel. Only used for ocean or inland waterway transport.

Modes of Transport Covered
Used only for ocean or inland waterway transport.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage by sea vessel to the named port of destination. No obligation to provide insurance.
B.3. Carriage and Insurance
No obligation to the seller.
A.4. Delivery
Deliver the goods on board the named vessel at the named port and on the date or within the time period stipulated in the sales contract.
B.4. Taking Delivery
Take delivery of the goods at the port of destination as provided in the sales contract.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have passed over the ship's rail at the port of shipment.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have passed over the ship's rail at the port of shipment.
A.6. Costs
Pay all costs until the goods have been delivered to the named port of shipment and passed over the ship's rail plus costs of loading, carriage to the port of destination and normal unloading. Also to pay all costs relating to export including duties, taxes and customs formalities.
B.6. Costs
Pay all additional costs for the goods once they have passed over the ship's rail at the port of shipment, including unloading, lighterage and wharfage at the port of destination. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment.
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered on board the named vessel.
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for shipping and/or specify a port of destination, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a transport document that will allow the buyer to claim the goods at the destination and (unless otherwise agreed) allow the buyer to sell the goods while in transit through the transfer of the transport document or by notification to the sea carrier.
B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection except inspections required by the country of export.
A.10. Other
Provide the buyer at the buyer's request, risk and expense any and all assistance in securing documentation originating in the country of export or of origin required for import and transshipment (as necessary). Provide the buyer at the buyer's request information necessary to obtain insurance.
B.10. Other
Pay all costs of securing documentation from the country of origin or export as required for import. Reimburse seller for costs in providing such documentation or assistance.

 

Cost, Insurance and Freight (…named port of destination)
Carriage and insurance to be arranged by the seller. Risk transfers from seller to buyer once goods on board vessel. The seller must procure marine insurance. Only used for ocean or inland waterway transport.

*Insurance Note
While the seller is responsible for procuring and paying for insurance cover during the voyage to the named port of destination, the buyer may exercise prudence and purchase additional insurance coverage.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay costs of carriage by sea or inland waterway and insurance for 110 percent of the value of the contract to the named port of destination. The insurance policy must allow the buyer to make claim directly from the insurer. Deliver the insurance document to the buyer.
B.3. Carriage and Insurance
No obligation to the seller to pay for carriage or insurance.
A.4. Delivery
Deliver the goods on board the named vessel at the named port and at the date or within the time period stipulated in the sales contract.
B.4. Taking Delivery
Take delivery of the goods at the port of destination as provided in the sales contract.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have passed over the ship's rail at the port of shipment
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have passed over the ship's rail at the port of shipment.
A.6. Costs
Pay all costs of carriage and insurance until the goods have been delivered to the named port of shipment and passed over the ship's rail, plus costs of loading, carriage to the port of destination and normal unloading. Also to pay all costs relating to export including duties, taxes and customs formalities.
B.6. Costs
Pay all supplemental costs for the goods once they have passed over the ship's rail at the port of shipment, including unloading, lighterage and wharfage at the port of destination. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered on board the named vessel.
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for shipping and/or specify a port of destination, to give the seller sufficient notice
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a transport document that will allow the buyer to claim the goods at the destination and (unless otherwise agreed) allow the buyer to sell the goods while in transit through the transfer of the transport document or by notification to the sea carrier.
B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection except inspections required by the country of export.
A.10. Other
Provide the buyer at the buyer's request, risk and cost any and all assistance in securing documentation originating in the country of export or of origin required for import and for transshipment.
B.10. Other
Pay costs of securing documentation from the country of origin or export as required for import. Reimburse seller such costs. Provide information necessary to obtain insurance.

 

Carriage Paid To (…named place of destination)
Carriage to be arranged by the seller. Risk transfers from seller to buyer once goods have been delivered to the first carrier (if more than one is utilized).

*Insurance Note
While neither the buyer nor seller have obligation for providing insurance during the main voyage, both may have "insurable interest" and prudence may dictate purchase of insurance coverage.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage to the agreed point at the named place of destination. No obligation to provide insurance.
B.3. Carriage and Insurance
No obligation to the seller for either carriage or insurance
A.4. Delivery
Deliver the goods to the carrier (or first of multiple carriers) for carriage to the named port of destination within the time period stipulated in the sales contract.
B.4. Taking Delivery
Take delivery of the goods from the carrier at the port of destination as provided in the sales contract.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have been delivered to the carrier or first of multiple carriers.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been delivered to the carrier by the seller.
A.6. Costs
Pay all costs until the goods have been delivered to the carrier plus costs of loading, carriage to the port of destination and normal unloading. Also to pay all costs related to export including duties, taxes and customs formalities. Pay the costs of unloading, customs clearance, duties, and other costs if such costs are included in the cost of carriage.
B.6. Costs
Pay all additional costs (not covered in the seller's contract of carriage in Seller's #6) for the goods once they have been delivered to the carrier, including unloading, lighterage and wharfage at the port of destination. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment.
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered to the carrier
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for shipping and/or specify a port of destination, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a transport document.
B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection(s) except inspections required by the country of export.
A.10. Other
Provide the buyer at the buyer's request, risk and expense any and all assistance in securing documentation originating in the country of export or of origin required for import and for transshipment (as necessary). Provide the buyer at the buyer's request information necessary to obtain insurance.
B.10. Other
Pay all costs associated with securing documentation from the country of origin or export as required for import. Reimburse seller for costs in providing such documentation or assistance.

 

Carriage and Insurance Paid (…named place of destination)
Carriage and insurance to be paid by seller. Risk transfers from seller to buyer once goods have been delivered to the carrier. The seller contracts for insurance and pays the insurance premium. CIP is only required to give minimum insurance coverage.

*Insurance Note
While the seller is responsible for insurance coverage during the main voyage, the buyer may have additional "insurable interest" and prudence may dictate purchase of additional coverage.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures.
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage and insurance to the named port of destination. The insurance policy or document must allow the buyer to make a claim directly from the insurer. Deliver the insurance document to the buyer.
B.3. Carriage and Insurance
No obligation to the seller for either carriage or insurance.
A.4. Delivery
Deliver the goods to the carrier (or first of multiple carriers) for carriage to the named port of destination within the time period stipulated in the sales contract
B.4. Taking Delivery
Take delivery of the goods from the carrier at the port of destination as provided in the sales contract.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have been delivered to the carrier or first of multiple carriers.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been delivered to the carrier by the seller.
A.6. Costs
Pay all costs until the goods have been delivered to the carrier, plus costs of loading, carriage, insurance to the named port of destination plus normal unloading. Also to pay all costs relating to export including duties, taxes and customs formalities. Pay the costs of unloading, customs clearance, duties, and other costs if such costs are included in the cost of carriage.
B.6. Costs
Pay all additional costs (not covered in the seller's contract of carriage in Seller's #6) for the goods once they have been delivered to the carrier, including unloading, lighterage and wharfage at the port of destination. Pay all costs relating to import formalities including duties, taxes and other charges including transshipment.
A.7. Notice to the Buyer
Provide sufficient notice to the buyer that the goods have been delivered to the carrier.
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for shipping and/or specify a port of destination, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with a transport document.
B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection(s) except inspections required by the country of export.
A.10. Other
Provide the buyer at the buyer's request, risk and expense any and all assistance in securing documentation originating in the country of export or of origin required for import and for transshipment (as necessary). Provide the buyer with information necessary to procure additional insurance.
B.10. Other
Pay all costs associated with securing documentation from the country of origin or export required for import. Reimburse seller for costs in providing such documentation or assistance.

 

Delivered At Terminal (…named terminal of destination)
DAT is a non-maritime condition.  DAT principally rplaces the condition of DEQ. DAT is new and called into existence at urgent requiest of the trade world to bring the comtainer terminal( yard, warehouse) to attention. The seller is freight contracting party. The seller also bears the  transport risks.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures, including those associated with transshipment to the named port of destination.
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage and transshipment (if necessary) to the named place, port and quay (wharf) of destination. No obligation to provide insurance.
B.3. Carriage and Insurance
No obligation to the seller for either carriage or insurance.
A.4. Delivery
Make the goods available to the buyer at the named port and quay on the date or within the period specified in the sales contract.
B.4. Taking Delivery
Take delivery of the goods once they are made available at the quay.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have been made available to the buyer at the named port and quay (wharf).
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been made available at the quay (wharf).
A.6. Costs
Pay all costs until the goods have been delivered, including carriage, unloading, all export and import formalities, duties and taxes and transshipment (if necessary) to the named port and quay (wharf).nd other costs if such costs are included in the cost of carriage.
B.6. Costs
Pay all costs for the goods once they have been made available at the quay (wharf).
A.7. Notice to the Buyer
Provide sufficient notice of dispatch and projected arrival that the buyer can take appropriate action to arrange pick-up of the goods.
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for and/or a place of delivery, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with the delivery order and/or a transport document enabling the buyer to take possession at the port of destination.
B.8. Proof of Delivery
Accept the seller's delivery order or transport document so long as it is in conformity with the sales contract
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection(s) except inspections required by the country of export.
A.10. Other
Pay all costs associated with securing documentation originating in the country of importation required to for import clearance of the goods. Provide the buyer with information necessary to obtain insurance
B.10. Other
Pay all costs associated with securing documentation from the country of origin or export required for import. Reimburse seller for costs in providing such documentation or assistance.

 

Delivered At Terminal (…named terminal of destination)
DAT is a non-maritime condition.  DAT principally rplaces the condition of DEQ. DAT is new and called into existence at urgent requiest of the trade world to bring the comtainer terminal( yard, warehouse) to attention. The seller is freight contracting party. The seller also bears the  transport risks.

Modes of Transport Covered
Used only for ocean or inland waterway transport.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export licenses and authorizations and carry out all export formalities and procedures, including those5 associated with transshipment to the named port of destination..
B.2. Licenses and Customs Formalities
Obtain and pay costs of all import licenses, documentation and authorizations and carry out all import formalities.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage and transshipment (if necessary) to the named destination. No obligation to provide insurance
B.3. Carriage and Insurance
No obligation to the seller for either carriage or insurance.
A.4. Delivery
Make the goods available to the buyer at the named destination on the date or within the period specified in the sales contract.
B.4. Taking Delivery
Take delivery of the goods once they are made available at the named destination.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have been made available to the buyer at the named destination.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been made available at the named place of destination.
A.6. Costs
Pay all costs until the goods have been delivered to the named destination, including carriage, all export formalities, export duties and taxes, and transshipment (if necessary) to the named destination.
B.6. Costs
Pay all costs for the goods once they have been made available at the named place of destination. Pay all costs relating to import formalities including duties, taxes and other charges.
A.7. Notice to the Buyer
Provide sufficient notice of dispatch and projected arrival that the buyer can take appropriate action to arrange pick-up of the goods.
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for and/or a place of delivery, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with the delivery order and/or a transport document enabling the buyer to take delivery at the named place of destination.
B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection(s) except inspections required by the country of export.
A.10. Other
Provide the buyer at the buyer's request, risk and expense any and all assistance in securing documentation originating in the country of export or of origin required for import. Provide the buyer with information necessary to obtain insurance.
B.10. Other
Pay all costs associated with securing documentation from the country of origin or export required for import. Reimburse seller for costs in providing such documentation or assistance.

 

Delivered Duty Paid (…named port of destination)
Carriage to be arranged by seller. Risk transfers from buyer to seller once goods are placed at the disposal of the buyer. Seller delivers the goods cleared for import to the consignee’s door. DDP represents the maximum obligation for the seller.

Modes of Transport Covered
All modes of transport including multimodal.

A. Seller's Responsibilities B. Buyer's Responsibilities
A.1. Goods
Provide the goods, commercial invoice or electronic message, and other documentation as required by the sales contract.
B.1. Payment
Pay for the goods as provided in the sales contract.
A.2. Licenses and Customs Formalities
Obtain at own risk and cost any export and import licenses and authorizations and carry out all export and import formalities and procedures, including those associated with transshipment to the named port of destination.
B.2. Licenses and Customs Formalities
Provide the seller at the seller's request, risk and cost any and all assistance in securing licenses, documentation and authorizations necessary to import the goods.
A.3. Carriage and Insurance
Contract for and pay all costs of carriage and transshipment (if necessary) to the named destination. No obligation to provide insurance.
B.3. Carriage and Insurance
No obligation to the seller for either carriage or insurance.
A.4. Delivery
Make the goods available to the buyer not unloaded at the named destination on the date or within the period specified in the sales contract.
B.4. Taking Delivery
Take delivery of the goods once they are made available at the named destination.
A.5. Risk Transfer
Assume all risks of loss or damage to the goods until they have been made available to the buyer at the named destination.
B.5. Risk Transfer
Assume all risk of loss or damage from the time the goods have been made available at the named place of destination.
A.6. Costs
Pay all costs until the goods have been delivered to the named destination, including carriage, all export and import formalities and transshipment (if necessary) to the named destination.
B.6. Costs
Pay all costs for the goods once they have been made available at the named place of destination.
A.7. Notice to the Buyer
Provide sufficient notice of dispatch and projected arrival that the buyer can take appropriate action to arrange unloading of the goods.
B.7. Notice to Seller
If, according to the sales contract, the buyer is able to specify a time for and/or a place of delivery, to give the seller sufficient notice.
A.8. Proof of Delivery, Transport Documents
Provide the buyer with the delivery order and/or a transport document enabling the buyer to take delivery at the named place of destination
B.8. Proof of Delivery
Accept the seller's transport document so long as it is in conformity with the sales contract.
A.9. Checking, Packing, Marking
Pay all costs associated with checking the quality and quantity of the goods to be in conformity with the sales contract. Provide appropriate packing (unless the goods are traditionally delivered unpackaged) as required for the transport of the goods, to the extent that the buyer has made transport circumstances known to the seller prior to the execution of the sales contract. Provide marking appropriate to the packaging.
B.9. Inspection(s)
Pay for the costs of pre-shipment inspection(s) except inspections required by the country of export.
A.10. Other
Pay all costs associated with securing documentation necessary for to make the goods available to the buyer at the named place of destination. Provide the buyer with information necessary to obtain insurance.
B.10. Other
Provide the seller, at the seller's request, risk and cost any and all assistance in securing import and other documentation necessary for the seller to make the goods available to buyer at the named destination.

 

EXW FCA FAS FOB CFR CIF CPT CIP DAT DAP DDP