Direct delivery to the exit
Exworks (EXW) Means that the seller transfers risks and costs to the buyer as soon as the goods leave the seller’s premises or another named place (i.e. factory, warehouse, etc.) Not cleared for export and not loaded on any collecting vehicle.
Indirect delivery, without payment of the main transport
Free Carrier (Rout Land / FCA) Means that the seller delivers the good cleared for export, to the designated carrier and at the assigned place.
Free Along Ship (FAS) Means that seller delivers when the goods are placed alongside the vessel at the named port of shipment.
Free On Board (FOB) Means that the seller delivers when the goods pass the ship's rail at the named port of shipment.
Indirect, with payment of the main transport delivery
Cost and Freight (CFR) Means that the seller delivers when the goods pass the ship’s rail on the port of shipment. Given that the shipper is responsible for transportation, the shipper also chooses the forwarder.
Cost Insurance and Freight (CIF) This arrangement is similar to CFR, but the shipper/seller will insure the maritime phase of the voyage instead of the buyer. In this arrangement, the seller usually chooses the forwarder. Delivery is completed at the port of destination.
Carriage Paid To (CPT) Means that the seller delivers the goods to the carrier chosen by him. In addition, the seller must pay the cost of carriage necessary to transport the goods to the named destination.
Carriage and Insurance Paid To (CIP) Means that the seller delivers the goods to the carrier chosen by him. The seller pays the cost of carriage necessary to bring the goods to the named destination, and it relies on the carrier’s insurance.
Direct delivery on arrival
Delivered At Frontier (DAF) Means that the seller delivers the goods are placed at the disposal of the buyer on the arriving means of transport not unloaded, cleared for export, but not cleared for import at the named point and place at the frontier, but before the customs border of the adjoining country.
Delivered Ex Ship (DES) In this type of transaction, it is the seller’s responsibility to get the goods to the port of destination, and delivery occurs at this time. Any extra fees that may occur after the ship is docked are at the buyer’s responsibility.
Delivered Ex Quay (Duty Paid / DEQ) Means that the buyer/consignee is responsible for duties and charges, and that the seller is responsible for delivering the goods at the quay, wharf, or port of destination. The buyer must also arrange for customs clearance.
Delivery Duty Unpaid (DDU) Means that the seller delivers the goods to the buyer, not cleared for import, and not unloaded from any arriving means of transport at the named placed of destination.
Delivered Duty Paid (DDP) Means that the seller delivers the goods to the buyer, cleared for import, and not unloaded from any arriving means of transport at the named placed of destination.
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