Since you have agreement with your partner in International Trading, you must understand about Incoterm of trading, below we will try give you more informationa about Incoterm of trading. :
For a more complete description of each of the INCOTERMS, The IBT Guide to INCOTERMS 2000
book published by International Business Training fully and clearly
defines each of the new INCOTERMS that became effective January 1,
2000, and includes a number of case studies that demonstrate the use
of the different terms in real-life situations.
Thank you for your attention, hopefully success always.
COURTESY BY UNIPAC CONTINENTAL
Origin Terms: |
EXW | Ex-Works, named place where shipment is available to the buyer, not loaded. The seller will not contract for any transportation. |
International Carriage NOT Paid by Seller: |
FCA | Free Carrier,
unloaded at the seller's dock OR a named place where shipment is
available to the international carrier or agent, not loaded. This term can be used for any mode of transport. |
FAS | Free Alongside Ship, named ocean port of shipment. Ocean shipments that are NOT containerized. |
FOB | Free On Board vessel, named ocean port of shipment. 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 | Cost and Freight, Named ocean port of destination. This term is used for ocean shipments that are not containerized. |
CIF | Cost, Insurance and Freight, named ocean port of destination. This term is used for ocean 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 Paid To, 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: |
DAF | Delivered At Frontier, named place of destination, by land, not unloaded. This term is used for any mode of transportation but must be delivered by land. |
DES | Delivered Ex-Ship, named port of destination, not unloaded. This term is used for ocean shipments only. |
DEQ | Delivered Ex-Quay, named port of destination, unloaded, not cleared. This term is used for ocean shipments only. |
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. |
Carrier Surcharges Abbriviation |
BAF | Bunker Adjustment Factor |
CAF | Currency Adjustment Factor |
CYRC | Cy Receiving Charge |
CUC | Chassis Usage Charge |
DTHC | Destination Terminal Handling Charge |
DDF | Destination Document Fee |
DNP | Drop and Pick |
DTH | Destination Terminal Handling |
DGC | Dangerous Goods Premium for Ocean Sector |
EBS | Emergency Bunker Surcharge |
FS | Fuel Surcharge |
IFP | Interim FAF Assessment |
IHC | Inland Add-on |
NBC | New Bunker Charge |
OAC | Outport Add-on |
PCS | Port Secuity |
PSS | Peak Season Surchage |
SES | Special Equipment Surcharge |
Thank you for your attention, hopefully success always.
COURTESY BY UNIPAC CONTINENTAL
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