EXW
Ex Works
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Freight: Seller's premises
Risk Seller's premises
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Seller is only responsible for making the goods available at the seller's premises. The buyer bears the full risk from there to the destination.
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FCA
Free Carrier
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Freight: Freight handler
Risk Freight handler
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Seller is responsible for delivery to the custody of the carrier, which is provided by the buyer. Risk is transferred as soon as loading has been taken place.
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CPT
Carriage paid to
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Freight: Destination
Risk First freight handlerh
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Seller delivers the goods to the carrier at an agreed place of delivery and pays for transport to the named destination. Risk is transferred at the place of delivery, whereas seller pays for transport to the destination.
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CIP
Carriage and insurance paid to
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Freight: Destinations
Risk First freight handler
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Seller delivers the goods to the carrier at an agreed place of delivery and pays for transport and insurance to the named destination, Risk is transferred at the place of delivery, whereas seller pays for transport and insurance to the destination.
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DAT
Delivered at Terminal
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Freight: Destination
Risk Destination
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Seller delivers the goods unloaded at a specified place inside the agreed terminal, Risk is transffered as soon as the goods have been unloaded.
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DAP
Deliver at place
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Freight: Place of destination
Risk Arriving means of transport at destination
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Seller delivers the goods to the disposal of the buyer on the arriving means of transport at the agreed place. Seller assumes the risk until the goods are make ready for unloading from the arriving means of transport.
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DDP
Delivered duty paid
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Freight: Destination
Risk Destination
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Seller is responsible for bringing the goods to the destination, paying any duty and making the goods available to the buyer, Risk is transferred as soon as the buyer has access to the goods, ready for unloading at the agreed destination.
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FAS
Free alongside ship
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Freight: Shipside in port of departure
Risk Shipside in port of departure
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Seller is responsible for delivery of the goods at the quay alongside the ship. From this point onwards, risk lies with the buyer.
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FOB
Free on board
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Freight: On board ship
Risk On board ship
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Seller is responsible for delivery of the goods loaded on board the ship, Risk is transferred as soon as the goods have been set down inside the ship.
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CFR
Cost and freight
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Freight: Port of destination
Risk On board ship
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Seller covers cost of freight, duty unpaid, to the named port of destination. Risk is transferred as soon as the goods have been set down inside the ship.
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CIF
Cost, insurance and frieght
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Freight: Port of destination
Risk Port of destination
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Seller covers cost of insurance and freight, duty unpaid, to the named port of destination. Risk is transfferred as soon as the goods have been set down inside the ship.
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