DESCRIPTION FREIGHT/RISK MORE DETAILS

EXW

Ex Works

Freight: Seller’s premises
Risk Seller’s premises
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.

FCA

Free Carrier

Freight: Freight handler
Risk Freight handler
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.

CPT

Carriage paid to

Freight: Destination
Risk First freight handlerh
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.

CIP

Carriage and insurance paid to

Freight:  Destinations
Risk First freight handler
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.

DAT

Delivered at Terminal

Freight: Destination
Risk Destination
Seller delivers the goods unloaded at a specified place inside the agreed terminal, Risk is transffered as soon as the goods have been unloaded.

DAP

Deliver at place

Freight: Place of destination
Risk Arriving means of transport at destination
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.

DDP

Delivered duty paid

Freight: Destination
Risk Destination
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.

FAS

Free alongside ship

Freight: Shipside in port of departure
Risk Shipside in port of departure
Seller is responsible for delivery of the goods at the quay alongside the ship. From this point onwards, risk lies with the buyer.

FOB

Free on board

Freight: On board ship
Risk On board ship
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.

CFR

Cost and freight

Freight: Port of destination
Risk On board ship
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.

CIF

Cost, insurance and frieght

Freight: Port of destination
Risk Port of destination
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.