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Ex Works is mean when the seller delivers the goods at the place of the seller or at the seller’s premises or at another designated location (i.e. factory, warehouse, etc.). The seller does not need to load the goods into any pickup vehicle. Also, where such permission is valid, one does not need to clear them for export.
The seller delivers the goods to the carrier or other person appointed by the buyer at the seller’s place of business or another specified place. Parties will indicate as clearly as possible the point within the specified delivery location, since at this point the risk will be belong to the buyer.
The seller delivers the goods to the carrier, or another person appointed by the seller at an agreed place (if such a place has been agreed between the parties). The seller must issue contract and pay the necessary transportation costs to bring the goods to the stated destination.
Signifies that the seller will pay freight and insurance at the mutually agreeable location. Seller to arrange and pay for extensive insurance cover against the buyer’s risk of loss of or damage to the goods from the port of shipment to at least as far as the port of destination. When using CIP, the seller and buyer may agree on a lower level of insurance cover to be provided as part of their agreement.
The seller responsible to deliver of the goods to buyer’s disposal ready for unloading at the mentioned place at destination and responsible for custom clearance at destination on the buyer’s premises. The seller assumes to pay all costs and all risks associated with bringing the goods to the specific location.
The seller delivers the goods to the stated place at the disposal of the buyer, with customs clearance for import, on the transport vehicle arriving ready for unloading. The seller bears all costs and risks associated with bringing the goods to their destination. The sender responsible for custom clearance of the products not only for export but also for import, pay all kinds of taxes for both export and import, and carry out all customs procedures.
The seller delivers the goods when they are placed alongside the ship designated by the buyer (e.g. at the dock or barge) at the named port of loading. This term will be preferable for non-containerized cargo such as bulk cargo, liquids, chemicals, and commodities including grains, etc. as they are loaded directly onto the shipping vessels. The risk of loss or damage to the goods passes while the goods are alongside the ship.
The seller delivers the goods on board the vessel designated port of loading by the buyer or procures the goods so delivered. The risk of loss or damage to the goods belongs to buyer while the goods are on board. The buyer is responsible all costs from then on.
The seller delivers the goods on board the vessel designated port of loading. The risk of loss or damage to the goods passes while the goods are on board. The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.
The seller responsible to pay charges freight and insurance of buyer’s order while the cargo is in transit. Seller must provide coverage of insurance in the condition of any damage or loses during the transportation. The goods have reached the buyer’s port of destination, the buyer assumes costs and liabilities for unloading and delivering the shipment to the destination. Seller delivers the goods on board or has the goods delivered. The buyer should note that under CIF the seller is required to insure only the minimum coverage. If the buyer wishes to have more insurance protection, they will need to either agree this clearly with the seller or make their own extra insurance arrangements.
