Incoterms (International Commercial Terms) are standardized terms used in international sales contracts to define the responsibilities of sellers and buyers regarding the delivery of goods. Here is a brief explanation of the most commonly used incoterms for shipments by sea:
1. EXW (Ex Works):
2. FCA (Free Carrier):
3. FAS (Free Alongside Ship):
4. FOB (Free On Board):
5. CFR (Cost and Freight):
6. CIF (Cost, Insurance, and Freight):
7. CPT (Carriage Paid To):
8. CIP (Carriage and Insurance Paid To):
9. DAP (Delivered at Place):
10. DPU (Delivered at Place Unloaded):
11. DDP (Delivered Duty Paid):
Each incoterm clearly defines the responsibilities for aspects such as export, import, transport, and insurance, facilitating international trade transactions and reducing the risk of misunderstandings between contracting parties.
In conclusion, Transautomobile, as an expert in vehicle export, can provide valuable assistance to the buyer in navigating the complexities of incoterms and the necessary procedures for shipment. Whether it's choosing the right incoterm to suit your specific needs or handling customs and logistical formalities, Transautomobile offers comprehensive expertise and support to ensure a smooth and efficient transaction. By using their services, buyers can be assured that their vehicles will be shipped safely and in compliance with international standards.
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Transautomobile
1589 D, Chaussée de Waterloo - 1180 Brussels - Belgium
Tel : +32 2 352 01 31 - Fax : +32 2 352 01 51
TVA : BE 0424.019.365
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