Sweeping stickers -2017 terms of freight interpretation

 Detailed list of cargo terms
⊙ EXW- (ex work) - ex-factory price
⊙ FCA- (free carrier) - Cargo carrier
⊙ CIF- (cost insurance and freight) cost insurance and freight
⊙ CFR or C & F (cost and freight) - cost plus freight
⊙ FOB- (free on board) - ship delivery
⊙ DDU- (delivered duty unpaid) dutiable delivery
⊙ DDP- (delivered duty paid) after delivery of goods
⊙FAS- (free along ship)
⊙ DES- (delivered ex ship) - the port of destination delivery
⊙ DEQ- (delivered ex quay) - destination port delivery
EXW
Ie "factory delivery (... designated location)". It means that the seller has the responsibility to deliver the goods to the buyer at the location of the shop, factory, warehouse, etc., but is usually not responsible for loading the goods on the vehicle prepared by the buyer or handling the goods. The buyer shall bear the full cost and risk of transporting the goods from the seller's location to the intended destination
FCA
That is, "the goods to the carrier (... ... designated location)". It means that the seller is responsible for the transfer of the goods, for customs clearance, the designated location to the buyer to the designated transport carrier. According to commercial practice, when the seller is required to cooperate with the carrier through the signing of the contract, the buyer at risk and the cost of the case, the seller can handle this. This term applies to any mode of transport
CIF
Ie "cost, insurance and freight (... named port)". It means that the seller shall, in addition to the same obligations as the term "cost plus freight", the seller shall also be responsible for the carriage of the goods by the buyer at the time of shipment and the payment of the insurance for the loss or damage of the goods. This term applies to sea or river transport
CFR or C & R
Ie "cost plus freight (... named port of destination)". It means that the seller must pay the expenses and freight required to transport the goods to the named port of destination, but the risk, loss or damage of the goods, and the additional costs incurred after the accident, from the goods to the ship's deck, After the ship's side, the seller turned to the buyer's burden. In addition to the seller to handle the export of goods clearance procedures. This term applies to sea or river transport
FOB
Ie "on board delivery (... designated port of shipment)". It means that the seller has delivered the goods to the ship's side at the designated port of shipment, and the buyer shall bear the full cost, risk, loss or damage of the goods on the side of the ship. The seller shall also require the seller to proceed with the export clearance of the goods. This term applies to sea or river transport
DDU
Ie "dutiable delivery (... designated destination)". It means that the seller will deliver the goods at the place designated by the importing country and bear all the costs and risks of the goods to the designated place (excluding customs duties, taxes and other official costs payable at the time of importation) The costs and risks of handling customs procedures. The Buyer shall bear the additional costs and risks arising from the failure to handle the import of goods in time. This term applies to all modes of transport
DDP
Ie "after-tax delivery (... named destination)". It means that the seller will deliver the goods in the designated place of the importing country, and bear all the costs and risks of transporting the goods to the designated place and handling the import customs clearance. This term applies to a variety of modes of transport
FAS
Ie "shipfront delivery (... designated port of shipment)". It refers to the seller at the designated port of shipment or barge to the goods to the ship side, from then on the buyer must bear the loss of goods or damage the full cost and risk, and the buyer must apply for export clearance procedures. This term applies to sea or river transport
DES
That is, "the port of destination delivery (... ... designated port of destination)". It means that the seller has fulfilled the obligation to deliver the goods to the buyer if the goods are not handled at the port of destination at the named port, and the seller shall bear all the costs including the carriage of the goods to the named port of destination With the risk. This term applies only to maritime or inland waterways
DEQ
That is, "the port of destination delivery (tariff paid) (... ... designated port of destination)". This term means that the seller fulfills the obligation to deliver the goods to the buyer at the port of the designated port, to the buyer, and to the seller to bear all risks and expenses, including customs, taxes and other deliveries The cost of appearing. This term applies to sea or river transport