The seller delivers the goods to the carrier or another person nominated by the buyer at the seller’s premises or another named place. The seller bears all the costs and risks until the goods are loaded onto the carrier, after which they pass on to the buyer.

The seller delivers the goods to the carrier or another person nominated by the seller at an agreed place (if any such site is agreed between parties). The seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of destination.

The seller delivers the goods to the carrier at an agreed place. He has to conclude the contract of carriage and pay the freight charges incurred for the carriage of the goods to the named place of destination. The Seller must also conclude an insurance contract against the risk of loss of or damage to the goods during transportation borne by the Buyer.

The seller bears all risks in connection with the transport of the goods to the named destination or to an agreed place at the place of destination. Unloading must be organized by the buyer.

The seller bears all risks associated with the transportation of the goods and unloading at the named place of destination. DPU is the only Incoterm clause that obligates the seller to unload the goods at the destination.

Delivered duty paid (DDP) is a shipping agreement that places the maximum responsibility on the seller. In addition to shipping costs, the seller is obligated to arrange for import clearance, tax payment, and import duty. The risk transfers to the buyer once the goods are made available to the buyer at the port of destination. The buyer and seller must agree on all payment details and state the name of the place of destination before finalizing the transaction.

The seller delivers when the goods are placed alongside the vessel (e.g., on a quay or a barge) nominated by the buyer at the named port of shipment.
The risk of loss of or damage to the goods passes when the products are alongside the ship. The buyer bears all costs from that moment onwards.

The seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the products are on board the vessel. The buyer bears all costs from that moment onwards.

The seller delivers the goods on board the vessel or procures the goods already so delivered.
The risk of loss of or damage to the goods passes when the products are on board the vessel.
The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.

The seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the products are on the ship.

The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.

The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage.

The buyer should note that under CIF the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.