WHAT INCOTERMS YOU OFFER?
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- Issue Time
- Jan 3,2025
WHAT INCOTERMS YOU OFFER?
We provide a range of Incoterms to facilitate your shipping needs:
1.EXW (Ex Works):
The seller delivers goods at a specified location.
The buyer assumes all costs and risks, including customs and transportation.
Applicable for both air and sea freight.
2.FOB (Free On Board):
The seller is responsible for the goods until they reach the port.
The buyer pays for freight charges.
If “FOB destination, freight prepaid,” the seller covers freight costs until delivery, assuming no insurance claims.
Applicable for both air and sea freight.
3.CNF (Cost and Freight):
The seller manages loading and transportation to the destination port.
The seller covers transportation costs to the final port.
Risk transfers to the buyer once goods are loaded onto the vessel; the buyer must arrange insurance.
Applicable for both air and sea freight.
4.CIF (Cost, Insurance, and Freight):
The seller pays for shipping costs to the destination port and provides insurance for the goods.
Applicable for both air and sea freight.
5.DDP (Delivered Duty Paid):
The seller takes on all risks and costs, including import duties and freight charges.
This term applies to all modes of transportation, including air, road, and sea freight.
6.DAP (Delivered At Place):
The seller delivers goods to a specified location, covering all costs and risks until unloading.
Applicable for all modes of transportation.
These Incoterms are designed to clarify responsibilities and ensure smooth transactions in international shipping.