+9714 294-22-21
+9715 5807-8020
Mode of operation from 09:00 to 21:00 daily
Information

EXW.

EX WORKS

"Ex Works" means that the seller’s delivery obligations are considered fulfilled when the goods are made available to the buyer at their facility or another designated place (e.g. plant, factory, warehouse etc.).
The seller is responsible neither for loading the goods into the vehicle nor for customs clearance of the goods for export. Therefore, EXW imposes minimum obligations on the seller, and the buyer has to bear all costs and risks related to transportation of the goods from the seller's facility to the place of destination.

However, if the parties wish for the seller to be responsible for loading the goods at the place of dispatch and to bear the risks and costs of such shipment, this should be clearly stated in a corresponding appendix to the sales contract. This term should not be used when the buyer is unable to clear (directly or indirectly) the goods for export. In this case, the term FCA should be used, provided that the seller agrees to bear the costs and the risks of shipment of the goods.

 

 

 

FCA

FREE CARRIER

"Free Carrier" means that the seller must deliver the cleared goods to the carrier specified by the buyer, to the designated place.
It should be noted that the chosen place of delivery will affect the obligations regarding loading and unloading of the goods at such place. If the goods are delivered to the seller's premises, the shipment of the goods shall be the seller’s responsibility. If the goods are delivered to any other place, the seller shall not be responsible for the shipment of the goods. This term may be used irrespective of the means of transport, including combined transportation.
The "Carrier" means any person who, under a contract of carriage, undertakes to perform or to arrange transportation of the goods by rail, road, air, sea, inland waterways, or by a combination of such means of transport. If the buyer authorizes a person other than the carrier to accept the goods, the seller’s delivery obligations are considered fulfilled upon delivery to such person.

 

 

FAS

FREE ALONGSIDE SHIP

"Free Alongside Ship" means that the seller’s delivery obligations are considered fulfilled when the goods are placed alongside the shipboard on the quay or on the lighters at the designated port of shipment.
This means that from that moment on all the costs and risks of loss or damage to the goods must be borne by the buyer.

FAS requires the seller to clear the goods for export. If the parties wish for the buyer to bear the obligation to clear the goods for export, this should be clearly stated in a corresponding appendix to the sales contract. This term may be used only for sea or inland waterway transportation.

 

FOB

FREE ON BOARD

"Free on Board" means that the seller’s delivery obligations are considered fulfilled after the goods have passed the ship's rail at the designated port of shipment.
This means that from that moment on all the costs and risks of loss or damage to the goods must be borne by the buyer. FOB requires the seller to clear the goods for export.

This term may be used only for sea or inland waterway transportation. If the parties do not intend to deliver the goods across the ship's rail, the term FCA should be used.

 

CFR

COST AND FREIGHT

"Cost and Freight" means that the seller’s delivery obligations are considered fulfilled after the goods have passed the ship's rail at the port of shipment.
The seller must cover the costs and freight required to deliver the goods to the designated port of destination, BUT the risk of loss or damage to the goods, as well as any additional costs incurred after delivery, are transferred from the seller to the buyer. CFR requires the seller to clear the goods for export.

This term may be used only for sea or inland waterway transportation. If the parties do not intend to deliver the goods across the ship's rail, the term CPT should be used.

 

CIF

COST, INSURANCE AND FREIGHT

“Cost, Insurance and Freight” means that the seller delivers when the goods pass the ship’s rail in the port of shipment.

The seller must pay the costs and freight necessary to bring the goods to the named port of destination BUT the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time of delivery, are transferred from the seller to the buyer. However, in CIF the seller also has to procure marine insurance against the buyer’s risk of loss of or damage to the goods during the carriage.

Consequently, the seller contracts for the insurance and pays the insurance premium. The buyer should note that under the CIF term the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have the protection of greater cover, he would either need to agree as much expressly with the seller or to make his own extra insurance arrangements.

The CIF term requires the seller to clear the goods for export. This term can be used only for sea and inland waterway transport. If the parties do not intend to deliver the goods across the ship’s rail, the CIP term should be used.

 

 

CPT

CARRIAGE PAID TO

"Freight/Carriage Paid To" means that the seller must deliver the goods to the carrier designated by the seller. In addition, the seller must cover the costs associated with transportation of the goods to the designated point of destination.
This means that the buyer assumes all risks of loss or damage to the goods, as well as other costs after the goods are transferred to the carrier. The "Carrier" means any person who, under a contract of carriage, undertakes to perform or to arrange transportation of the goods by rail, road, air, sea, inland waterways, or by a combination of such means of transport. CPT requires the seller to clear the goods for export.

This term may be used irrespective of the type of transport, including combined transportation.

 

CIP

CARRIAGE AND INSURANCE PAID TO

"Freight/Carriage Paid To" means that the seller must deliver the goods to the carrier designated by them. In addition, the seller must cover the costs associated with transportation of the goods to the designated point of destination.
However, CIP also requires the seller to provide marine insurance against the buyer's risk of loss or damage to the goods during transportation. Therefore, the seller must take out an insurance policy and pay the insurance premium.

The buyer should note that CIP requires the seller to obtain only minimum coverage insurance. If the buyer wishes to have insurance with greater coverage, they should either expressly settle this with the seller or make their own extra insurance arrangements. The "Carrier" means any person who, under a contract of carriage, undertakes to perform or to arrange transportation of the goods by rail, road, air, sea, inland waterways, or by a combination of such means of transport.

When the goods are transported to the point of destination by several carriers, the risk shall be transferred at the moment of the goods transfer to the first carrier.CIP requires the seller to clear the goods for export. This term may be used irrespective of the type of transport.

DAT

DELIVERED AT TERMINAL

"Delivered at Terminal" means that the seller’s delivery obligations are considered fulfilled when the goods that are not cleared for import are made available to the buyer at the designated terminal.

The seller must bear all costs and risks associated with transportation and shipment of the goods to the terminal. DAT requires the buyer to clear the goods for import and to pay taxes, duties and other charges on import shipments. However, if the parties wish for the seller to bear the costs of import of the goods (fully or partially), this should be expressly set forth in a corresponding appendix to the sales contract.

This term may be used only for sea or inland waterway transportation or for combined transportation. However, if the parties wish to include the risks and costs associated with the goods transfer from the terminal to another location in the seller's obligations, the terms DAP and DDP should be used.

 

DAP

DELIVERED AT POINT 

"Delivered Duty Unpaid" means that the seller delivers the goods to the buyer at the designated point of destination without clearing or unloading them from the means of transport.
The seller must bear all costs and risks associated with transporting the goods to such destination, except (if required) for any fees collected for import into the country of destination (the word "fees" means responsibility and the risks of carrying out customs clearance and for covering the customs formalities, customs duties, taxes and other charges).

Responsibility for such fees shall be borne by the buyer, as well as any costs and risks arising from their failure to clear the goods for import. However, if the parties wish for the seller to bear the risks and costs of the customs clearance, as well as some of the costs of the import, it should be expressly set forth in a corresponding appendix to the sales contract. Responsibility, risks and costs of unloading and reloading of the goods shall be borne by the party controlling the chosen place of delivery.

 

 

DDP

DELIVERED DUTY PAID

"Delivered Duty Paid" means that the seller delivers the cleared goods to the buyer at the designated point of destination without unloading them from the means of transport. The seller must bear all costs and risks associated with transporting the goods to such destination, including (if required) any fees collected for import into the country of destination (the word "fees" means responsibility and the risks of carrying out customs clearance and for covering the customs formalities, customs duties, taxes and other charges).

While EXW incurs minimum obligations to the seller, DDP means the maximum obligations of the seller.

This term should not be used if the seller is unable, directly or indirectly, to obtain the import license.

If the parties agreed to exclude some of the costs payable upon import (such as VAT, i.e. value-added tax) from the seller's obligations, this should be expressly set forth in the sales contract.