INCOTERMS®: Transportation, Importation and Logistics Management

INTRODUCTION 3 lectures 07:20 Introduction to international buying and selling An overview of how buyers and sellers relate on international set up Introduction INTERNATIONAL COMMERCIAL TERMS We introduce incoterms... you get to know what they do or don't do PDF DOWNLOAD STUDY GUIDE This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons INTRODUCTION 3 lectures 07:20 Introduction to international buying and selling An overview of how buyers and sellers relate on international set up Introduction INTERNATIONAL COMMERCIAL TERMS We introduce incoterms... you get to know what they do or don't do PDF DOWNLOAD STUDY GUIDE This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons Introduction to international buying and selling An overview of how buyers and sellers relate on international set up Introduction to international buying and selling An overview of how buyers and sellers relate on international set up Introduction to international buying and selling An overview of how buyers and sellers relate on international set up Introduction to international buying and selling An overview of how buyers and sellers relate on international set up An overview of how buyers and sellers relate on international set up An overview of how buyers and sellers relate on international set up Introduction INTERNATIONAL COMMERCIAL TERMS We introduce incoterms... you get to know what they do or don't do Introduction INTERNATIONAL COMMERCIAL TERMS We introduce incoterms... you get to know what they do or don't do Introduction INTERNATIONAL COMMERCIAL TERMS We introduce incoterms... you get to know what they do or don't do Introduction INTERNATIONAL COMMERCIAL TERMS We introduce incoterms... you get to know what they do or don't do We introduce incoterms... you get to know what they do or don't do We introduce incoterms... you get to know what they do or don't do PDF DOWNLOAD STUDY GUIDE This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons PDF DOWNLOAD STUDY GUIDE This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons PDF DOWNLOAD STUDY GUIDE This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons PDF DOWNLOAD STUDY GUIDE This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons This write up helps you with some of the summaries that may be missing in video. Download it and use it with the video lessons THE TERMS THAT CAN BE USED FOR ANY MODE(S) OF TRANSPORT 7 lectures 23:49 EXW -Ex Works With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. Understanding FCA -Free Carrier The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. CPT -Carriage Paid To Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. The CIP -Carriage And Insurance Paid To term Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. DAT -Delivery At Terminal Delivery at Terminal (DAT) is where the seller is responsible for clearing the goods for export and delivering them unloaded at a named terminal at the end destination. The goods must be unloaded at the terminal DAP -Delivered At Place “Delivery at place” means that the seller delivers the goods, ready for unloading, at the place of destination in the buyer’s country or a named place.The major difference between this and delivery at terminal (DAT) is that in DAT the seller is responsible for unloading the goods DDP -Delivered Duty Paid The seller is responsible for delivering the goods at the named place in country of the buyer, and pays all costs in bringing the goods to the destination including import duties and taxes. THE TERMS THAT CAN BE USED FOR ANY MODE(S) OF TRANSPORT. 7 lectures 23:49 EXW -Ex Works With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. Understanding FCA -Free Carrier The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. CPT -Carriage Paid To Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. The CIP -Carriage And Insurance Paid To term Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. DAT -Delivery At Terminal Delivery at Terminal (DAT) is where the seller is responsible for clearing the goods for export and delivering them unloaded at a named terminal at the end destination. The goods must be unloaded at the terminal DAP -Delivered At Place “Delivery at place” means that the seller delivers the goods, ready for unloading, at the place of destination in the buyer’s country or a named place.The major difference between this and delivery at terminal (DAT) is that in DAT the seller is responsible for unloading the goods DDP -Delivered Duty Paid The seller is responsible for delivering the goods at the named place in country of the buyer, and pays all costs in bringing the goods to the destination including import duties and taxes. EXW -Ex Works With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. EXW -Ex Works With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. EXW -Ex Works With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. EXW -Ex Works With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. With this rule the seller fulfills his/her obligation when he/she delivers the goods at the disposal of the buyer at the seller’s premise, that is, works, factory warehouse etc. unless otherwise agreed the seller has no obligation to load the goods on the vehicle provided by the buyer or for clearing the goods for export. Understanding FCA -Free Carrier The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. Understanding FCA -Free Carrier The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. Understanding FCA -Free Carrier The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. Understanding FCA -Free Carrier The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. The term “free carrier” means that the seller is to deliver the goods to the carrier, or some person nominated by the buyer, at the seller’s premise or another place. CPT -Carriage Paid To Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. CPT -Carriage Paid To Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. CPT -Carriage Paid To Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. CPT -Carriage Paid To Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller. The CIP -Carriage And Insurance Paid To term Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. The CIP -Carriage And Insurance Paid To term Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. The CIP -Carriage And Insurance Paid To term Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. The CIP -Carriage And Insurance Paid To term Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. Carriage and insurance paid to (CIP) means that in addition to the seller delivering the goods to a carrier he/she (the seller) has contracted to get the goods to the agreed destination, the seller also contracts for insurance cover against the buyer’s risk of loss or damage to goods during the carriage. DAT -Delivery At Terminal Delivery at Terminal (DAT) is where the seller is responsible for clearing the goods for export and delivering them unloaded at a named terminal at the end destination. The goods must be unloaded at the terminal DAT -Delivery At Terminal Delivery at Terminal (DAT) is where the seller is responsible for clearing the goods for export and delivering them unloaded at a named terminal at the end destination ship” means that the seller delivers when the goods are placed alongside the vessel nominated by the buyer at the named port of shipment. What is FAS -Free Alongside Ship “Free alongside ship” means...