Delivered Ex-Ship – Meaning, Example, and Relevance
Delivered ex-Ship or DES is a type of shipping agreement between a buyer and seller in international trade. In this, the seller is responsible… Read Article
Incoterms
Cost, Insurance, and Freight – Meaning, Obligations, Advantages, and Disadvantages
Cost, Insurance, and Freight, or just CIF, is a common shipping agreement in the world of international trade. Traders have been using CIF contracts… Read Article
Cost and Freight – Meaning, Obligations, and Use
Cost and Freight, or popularly called CFR, is one of the most popular shipping terms. It is one of the Incoterms that helps in… Read Article
Free On Board – Meaning, Qualifiers, Obligations, and Benefits
Free On Board or FOB is a type of shipping contract and is one of the most popular Incoterms. Simply put, under this arrangement,… Read Article
Free Alongside Ship – Meaning, Obligations, Advantages and Disadvantages
Free Alongside Ship or FAS is a type of shipping arrangement between the buyer and seller in international trade. In this, the place/port of… Read Article
Delivered Duty Paid – Meaning, Obligations, Advantages and Disadvantages
Delivered duty paid or DDP is one of the most popular shipping agreements and one of the standard Incoterms. Such a clause or use… Read Article
Delivered At Place – Meaning, Obligations, Benefits, Drawbacks and Insurance
Delivered At Place or DAP is one of the Incoterms that assist the parties in the case of international trade. It is a type… Read Article
Delivered at Terminal – Meaning, Obligations and More
Delivered at Terminal or DAT is one of the Incoterms that helps buyers and sellers with the shipping agreement in international trade. In this,… Read Article
Carriage and Insurance Paid To – Meaning, Obligations, and More
Carriage and Insurance Paid To or CIP is one of the Incoterms commonly used in international trade. It is the standard term that allows… Read Article
Carriage Paid To – Meaning, Features, Benefits, and More
Carriage paid to or CPT is one of the Incoterms, and it helps to make international trade smoother for the buyers and sellers. If… Read Article
Free Carrier – Meaning, Obligations, Benefits, Pros and Cons
Free Carrier or FCA is one of the Incoterms that buyers and sellers frequently use in international trade. A shipping agreement with FCA evenly… Read Article