INCOTERMS International Commercial terms

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.

  • EXW – EX WORKS  (… named place of delivery)The Seller’s only responsibility is to make the goods available at the Seller’s premises. The Buyer bears full costs and risks of moving the goods from there to destination.
  • FCA – FREE CARRIER  (… named place of delivery)The Seller delivers the goods, cleared for export, to the carrier selected by the Buyer. The Seller loads the goods if the carrier pickup is at the Seller’s premises. From that point, the Buyer bears the costs and risks of moving the goods to
  • CPT – CARRIAGE PAID TO  (… named place of destination)The Seller pays for moving the goods to destination. From the time the goods are transferred to the first carrier, the Buyer bears the risks of loss or damage.
  • CIP – CARRIAGE AND INSURANCE PAID TO  (… named place of destination)The Seller pays for moving the goods to destination. From the time the goods are transferred to the first carrier, the Buyer bears the risks of loss or damage. The Seller, however, purchases the cargo insurance.
  • DAT – DELIVERED AT TERMINAL  (… named terminal at port or place of destination)The Seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the Buyer’s disposal at a named terminal at the named port or place of destination. “Terminal” includes any place, whether covered or not, such as a quay, warehouse, container yard or road, rail or air cargo terminal. The Seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination.
  • DAP – DELIVERED AT PLACE  (… named place of destination)The Seller delivers when the goods are placed at the Buyer’s disposal on the arriving means of transport ready for unloading at the names place of destination. The Seller bears all risks involved in bringing the goods to the named place.
  • DDP – DELIVERED DUTY PAID  (… named place)The Seller delivers the goods -cleared for import – to the Buyer at destination. The Seller bears all costs and risks of moving the goods to destination, including the payment of Customs duties and taxes.

2. MARITIME-ONLY TERMS

  • FAS – FREE ALONGSIDE SHIP  (… named port of shipment)The Seller delivers the goods to the origin port. From that point, the Buyer bears all costs and risks of loss or damage.
  • FOB – FREE ON BOARD  (… named port of shipment)The Seller delivers the goods on board the ship and clears the goods for export. From that point, the Buyer bears all costs and risks of loss or damage.
  • CFR – COST AND FREIGHT  (… named port of destination)The Seller clears the goods for export and pays the costs of moving the goods to destination.The Buyer bears all risks of loss or damage.
  • CIF – COST INSURANCE AND FREIGHT  (… named port of destination)The Seller clears the goods for export and pays the costs of moving the goods to the port of destination. The Buyer bears all risks of loss or damage. The Seller, however, purchases the cargo insurance.

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Administrator

רביעי, 23 ינואר 2013 15:58

Sea Freight

Our Sea freight services are based on agreements and co-operations with the world's leading shipping companies. 
Our extensive world wide agency network allow us to handle all of your import or export requirements. 
From the smallest carton or package, through full container loads, up to over dimensional or heavy lift specialized equipment, we are here for you. Simple.

רביעי, 23 ינואר 2013 15:56

Air Freight

Our flexibility helps our clients, first-time shippers to regular exporters of freight, to experience a different approach where they get comprehensive yet a personal solution for their need.

The expertise of our export specialist's allows you to enjoy tailored schedule flights and chartered planes from a wide range of carriers.

Because we move so many of freight shipments per day, we’re able to negotiate competitive air freight rates with domestic or international freight carriers. Our marvelous air freight quote tool gives us the opportunity to compete and serve you best. Seaway Logistics Ltd is your full-service freight shipping company. When you need it there fast, choose Seaway Logistics Ltd's air freight shipping option.

We make it simple.

רביעי, 23 ינואר 2013 15:55

Freights

 

When you ship with us you’re shipping with confidence knowing we provide a fast, easy process backed by professionals who get the job done. No matter how much freight you need to move or where you need to move it, our suite of solutions makes it simple.

Whether it’s air freight, Sea freight or land, direct or whether you need drop services, special services including customs and insurance, Seaway Logistics Ltd is your freight shipping pal.

 

We make it simple.

 

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