{"id":148,"date":"2016-10-26T20:42:08","date_gmt":"2016-10-26T18:42:08","guid":{"rendered":"http:\/\/marexport.it\/wordpress\/incoterms\/?lang=en"},"modified":"2016-11-03T06:53:57","modified_gmt":"2016-11-03T05:53:57","slug":"incoterms","status":"publish","type":"page","link":"https:\/\/www.marexport.it\/en\/incoterms\/","title":{"rendered":"Incoterms"},"content":{"rendered":"

[vc_row][vc_column css=”.vc_custom_1477543110149{margin-bottom: 25px !important;}”][vc_column_text]<\/p>\n

What are INCOTERMS?<\/h2>\n

INCOTERMS are a set of three-letter standard trade terms most commonly used in international contracts for the sale of goods. It is essential that you are aware of your terms of trade prior to shipment.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column css=”.vc_custom_1477558516283{margin-bottom: 20px !important;}”][vc_column_text]<\/p>\n

All modes of Transport<\/h2>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1477557174284{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

EXW (Ex Works)<\/h4>\n

Freight<\/strong> Seller\u2019s premises.
\nRisk<\/strong> Seller\u2019s premises.<\/p>\n

Details<\/strong>
\nSeller responsible for making the goods available at the seller\u2019s premises.\u00a0Buyer bears the full risk from there to destination.[\/vc_column_text][vc_column_text css=”.vc_custom_1477557162303{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

CPT\u00a0(Carriage Paid to)<\/h4>\n

Freight\u00a0<\/strong>Destination.
\nRisk<\/strong> First freight handler.<\/p>\n

Details<\/strong>
\nSeller delivers goods to the carrier at agreed place of delivery and pays\u00a0transport to the named destination. Risk is transferred at place of delivery,\u00a0whereas seller pays for transport to the destination.[\/vc_column_text][vc_column_text css=”.vc_custom_1477557154350{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

DAT\u00a0(Delivered at Terminal)<\/h4>\n

Freight\u00a0<\/strong>Destination.
\nRisk<\/strong> Destination.<\/p>\n

Details<\/strong>
\nSeller delivers goods unloaded at a specified place inside agreed terminal. Risk is transferred as soon as goods have been unloaded.[\/vc_column_text][vc_column_text css=”.vc_custom_1477557147870{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

DPP\u00a0(Delivered Duty Paid)<\/h4>\n

Freight\u00a0<\/strong>Destination.
\nRisk<\/strong> Destination.<\/p>\n

Details<\/strong>
\nSeller responsible for bringing goods to the destination, paying any duty and making the goods available to buyer. Risk transfers as soon as buyer has access to goods ready for unloading at agreed destination.[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1477557186998{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

FCA (Free Carrier)<\/h4>\n

Freight\u00a0<\/strong>Freight handler.
\nRisk\u00a0<\/strong>Freight handler.<\/p>\n

Details<\/strong>
\nSeller responsible for delivery to the custody of carrier, identified by the buyer.\u00a0Risk is transferred when loading has taken place.[\/vc_column_text][vc_column_text css=”.vc_custom_1477557197021{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

CIP (Carriage and Insurance Paid to)<\/h4>\n

Freight\u00a0<\/strong>Destination.
\nRisk\u00a0<\/strong>First freight handler.<\/p>\n

Details<\/strong>
\nSeller delivers goods to carrier at agreed place of delivery and pays for\u00a0transport and insurance to named destination. Risk transfers at the place of\u00a0delivery, whereas seller pays for transport and insurance to the destination.[\/vc_column_text][vc_column_text css=”.vc_custom_1477557207248{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

DAP\u00a0(Delivered at Place)<\/h4>\n

Freight\u00a0<\/strong>Place of destination.
\nRisk\u00a0<\/strong>Arriving means of transport at destination.<\/p>\n

Details<\/strong>
\nSeller delivers goods to disposal of buyer on arriving means of transport, at agreed place. Seller assumes risk until goods are made ready for unloading from the arriving means of transport.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column css=”.vc_custom_1477558810642{margin-top: 50px !important;margin-bottom: 20px !important;}”][vc_separator][vc_column_text]<\/p>\n

Sea and Inland Waterways<\/h2>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1477557257223{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

FAS\u00a0(Free Alongside Ship)<\/h4>\n

Freight\u00a0<\/strong>Shipside in port of departure.
\nRisk\u00a0<\/strong>Shipside in port of departure.<\/p>\n

Details<\/strong>
\nSeller is responsible for delivery of goods at quay alongside the ship. From\u00a0this point onwards, risk lies with buyer.[\/vc_column_text][vc_column_text css=”.vc_custom_1477557116515{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

CRF\u00a0(Cost and Freight)<\/h4>\n

Freight\u00a0<\/strong>Port of destination.
\nRisk <\/strong>On board ship.<\/p>\n

Details<\/strong>
\nSeller covers cost of freight, duty unpaid, to named port of destination. Risk is transferred as soon as the goods have been set down inside ship.[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1477558585791{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

FOB\u00a0(Free on Board)<\/h4>\n

Freight\u00a0<\/strong>On board ship.
\nRisk <\/strong>On board ship.<\/p>\n

Details<\/strong>
\nSeller responsible for delivery of goods loaded on board the ship. Risk is\u00a0transferred as soon as goods have been set down inside ship.[\/vc_column_text][vc_column_text css=”.vc_custom_1477558602261{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;border-left-color: #e6e6e6 !important;border-left-style: solid !important;border-right-color: #e6e6e6 !important;border-right-style: solid !important;border-top-color: #e6e6e6 !important;border-top-style: solid !important;border-bottom-color: #e6e6e6 !important;border-bottom-style: solid !important;}”]<\/p>\n

CIF\u00a0(Cost, Insurance and Freight)<\/h4>\n

Freight\u00a0<\/strong>Port of destination.
\nRisk <\/strong>Port of destination.<\/p>\n

Details<\/strong>
\nSeller covers cost of insurance and freight, duty unpaid, to named port of\u00a0destination. Risk is transferred as soon as the goods have been set down\u00a0inside ship.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”98″ img_size=”full” alignment=”center” onclick=”custom_link” img_link_target=”_blank” css=”.vc_custom_1477559259500{margin-top: 20px !important;margin-bottom: 20px !important;}” link=”https:\/\/www.marexport.it\/wordpress\/wp-content\/uploads\/2016\/10\/Incoterms.pdf”][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column css=”.vc_custom_1477543110149{margin-bottom: 25px !important;}”][vc_column_text] What are INCOTERMS? INCOTERMS are a set of three-letter standard trade terms most commonly used in international contracts for the sale of goods. It is essential that you are…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-148","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/pages\/148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/comments?post=148"}],"version-history":[{"count":1,"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/pages\/148\/revisions"}],"predecessor-version":[{"id":149,"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/pages\/148\/revisions\/149"}],"wp:attachment":[{"href":"https:\/\/www.marexport.it\/en\/wp-json\/wp\/v2\/media?parent=148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}