Shipping Incoterms
All modes of transport
EXW – Ex Works
Vehicle/s are placed at the disposal of the buyer at the Auto Express Direct premises or at another named place (warehouse, factory, etc). Auto Express Direct has no obligation to load the vehicle/s on any collecting means of transport.
FCA – Free Carrier
Auto Express Direct delivers the vehicles/s to the carrier or another person nominated by the buyer at Auto Express Direct premises or another named place.
FOB – Free On Board
Vehicle/s cost and all costs up to delivery over the ships rail at the named port of shipment. sea or inland waterways transport only.
FAS – Free Alongside Ship
Auto Express Direct delivers the vehicle/s alongside the vessel nominated by the buyer at the named port of shipment.
CFR – Cost and Freight
Vehicle/s Cost and Freight Cost, the cost of insurance if any is covered by the buyer, all risk and responsibility is of the buyer from the date of order and or payment.
CIF – Cost, Insurance and Freight
Cost of Vehicle/s plus insurance and freight, duty unpaid, to a named port of destination. Sea or inland waterways transport only.
CPT – Carriage Paid To
As for CIP, except the cost of insurance is carried by the buyer.
CIP – Carriage and Insurance Paid To
Costs of carriage and insurance of the Vehicle/s and duty unpaid, to the named destination.
DAT – Delivered At Terminal
Delivery takes place when the Vehicle/s are placed at the disposal of the buyer once unloaded from the arriving means of transport at a named terminal at the named port of place of destination. Auto Express Direct bears all the risks of loss or damage to the Vehicle/s until they have been delivered in accordance with the agreed delivery place. Applies to all modes of transport.
DAP – Delivered At Place
Delivery takes place when the Vehicle/s are placed at the disposal of the buyer on the arriving means of transport at a named place of destination. Auto Express Direct bears all the risks of loss or damage to the Vehicle/s until they have been delivered in accordance with agreed delivery place. Applies to all modes of transport.
DDP – Delivery Duty Paid
Delivery takes place when the Vehicle/s are placed at the disposal of the buyer, cleared for import, on the arriving means of transport at a named place of destination. Auto Express Direct bears all the risks of loss or damage to the Vehicle/s until they have been delivered in accordance with the agreed delivery palce. Applies to all modes of transport.
*Rules based on INCOTERMS® 2010