Incoterms 2010 SCA Transforest Incoterms 2010 / 2011-01-01 / Heimo Fürst
EXW Ex works EXW (insert delivery) Incoterms 2010 at the buyers disposal at agreed place and time are placed at buyers disposal at agreed place and time 2 at buyers disposal at agreed place and time Minimum obligations for the seller The shipper must place the goods at at agreed time and place but not loaded on any vehicle appointed by the buyer The risk is transferred to the buyer when at his disposal at agreed place and time No obligations. Either parties can insure their own risk (recommended) Bear all costs from are placed at his disposal at agreed place and time Maximum obligations for the buyer
FCA Free carrier FCA (insert delivery) Incoterms 2010 at the carriers disposal. OBSERVE! alternatives A and B A B are placed at the carriers disposal at the carriers disposal Seller to place the goods at the carriers disposal not unloaded at agreed place and time. Buyer to arrange for carriage of the goods at his own expenses Bear all costs from are placed at the carriers disposal Goods to be cleared for export The risk is transferred when the goods have been placed into the custody of a carrier at the agreed time and place in accordance with the contract No obligations. Either parties can insure their own risk (recommended) Goods to be cleared for import 3
FAS Free alongside ship FAS (insert named port of shipment) Incoterms 2010 Bear all risks of loss of or damage to the goods until the goods are delivered alongside ship Bear all risk of loss of or damage to the goods after delivered alongside ship in accordance with contracts Bear all costs related to the goods until delivered alongside ship including duties, taxes and custom charges for export for export. The buyer has to contract at his own expenses for the carriage and loading of the goods from the port of shipment Whenever the goods are delivered alongside the vessel at the agreed time in the manner customary at the agreed port No obligations. Shipper/buyer can insure their own risk (recommended) Bear all costs from are delivered alongside ship, including duties, taxes and custom charges for import for import and transit through any country 4
FOB Free on board FOB (insert named port of shipment) Incoterms 2010 the goods have been placed onboard the ship have been placed onboard the ship the goods have been placed onboard the ship The buyer have to contract at his own expenses for the carriage of the goods from the loading port Bear all costs from have been placed onboard the ship for export. The risk is transferred when the goods effectively have been placed onboard the ship No obligations. Shipper/buyer can insure their own risk (recommended) for import and transit through any country 5
CFR Cost and freight CFR (insert named port of ) Incoterms 2010 the goods have been placed onboard the ship have been placed onboard the ship Bear any costs to bring the goods not discharged - to the port of for export Seller to arrange for carriage to the port of at his own expenses. The risk is transferred when the goods effectively have been placed onboard the ship No obligations. Shipper/buyer can insure their own risk (recommended) Bear any costs from at the port of for import. 6
CIF Cost, insurance and freight CIF (insert named port of ) Incoterms 2010 the goods have been placed onboard the ship have been placed onboard the ship Bear any costs to bring the goods not discharged - to the port of Seller to arrange for carriage to the port of at his own expenses. The risk is transferred when the goods effectively have been placed onboard the ship Bear any costs from at the port of for export 7 Insurance must be covered by the seller on account of the buyer. Inland transport in country of not covered unless specified. Only minimum cover required for import.
CPT Carriage paid to CPT (Insert ) Incoterms 2010 the goods are delivered into the custody of the carrier goods are delivered into the custody of the carrier the goods have been delivered to the for export and transit through any country Seller to arrange for the carriage at his own expenses to place of The risk is transferred to the buyer at goods have been delivered into the custody of the first carrier No obligations. Shipper/buyer can insure their own risk (recommended) Bear all costs from goods have been delivered to the for import 8
CIP Carriage and insurance paid to CIP (insert ) Incoterms 2010 the goods are delivered into the custody of the carrier goods are delivered into the custody of the carrier 9 the goods have been delivered to the but not discharged for export and transit through any country Seller to arrange for the carriage at his own expenses to place of The risk is transferred to the buyer at goods have been delivered into the custody of the first carrier Insurance must be covered by the seller on account of the buyer. Only minimum cover required Bear all costs from goods have been delivered to the for import
DAT Delivered at terminal DAT (insert named terminal at port or place of ) Incoterms 2010 at the buyers disposal unloadedat the named terminal at the named terminal at the buyers disposal unloaded at the named terminal for export and transit through any country Seller to arrange for the carriage onto the quay at port of at his own expenses GOODS DISCHARGED The risk is transferred to the buyer when at buyers disposal - unloaded - at the named terminal No obligations. Shipper/buyer can insure their own risk (recommended) at the named terminal for import 10
DAP Delivered at place DAP (insert ) Incoterms 2010 at the buyers disposal at the at the named place of at the buyers disposal at the for export and transit through any country Seller to arrange for the carriage to the at his own expenses goods not discharged The risk is transferred to the buyer when at buyers disposal at the No obligations. Shipper/buyer can insure their own risk (recommended) at the named place of for import 11
DDP Delivered duty paid DDP (insert ) Incoterms 2010 at the buyers disposal at the at the named place of at the buyers disposal at the for export and transit through any country as well as import to the place of Seller to arrange for the carriage to the at his own expenses goods not discharged The risk is transferred to the buyer when at buyers disposal at the No obligations. Shipper/buyer can insure their own risk (recommended) at the named place of Minimum obligation for the buyer 12
Incoterms 2010 Transfer of risk SELLER EXW CPT FCA DAF FAS DAP DAT DDP CIP CIF CFR FOB 13
Sales contract for goods Delivery terms (Incoterms), terms of payment, etc SELLER Law and convention Local liability rules Terminal operators general conditions etc Haag rules Haag-Visby rules Hamburg rules Law and convention Local liability rules CMR (International road-transport) CIM (International railway-transport) etc Freight Forwarders, Carriers, Warehouse Keepers, Stevedoring Companies, Ship Brokers etc. Liability rules Contract of Carriage - Liability - NSAB 2000 etc 14
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