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Insurance liability, assumption of risks

and costs pursuant to Incoterms® 2010

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Gebrüder Gebrüder
TransportWeiss TransportWeiss
und GmbH
www.weisslogistics.com und GmbH
www.weisslogistics.com
Logistik Logistik

Seller Carrier Border Port Ship Port Named Place Buyer Seller Carrier Border Port Ship Port Named Place Buyer

with import clearance


EXW (EX WORKS) DDP (DELIVERED DUTY PAID)

FCA (FREE CARRIER) FAS (FREE ALONGSIDE SHIP)

CPT (CARRIAGE PAID TO) FOB (FREE ON BOARD)

obligation
CFR (COST AND FREIGHT)
CIP (CARRIAGE AND INSURANCE PAID TO)

recommended recommended
DAT (DELIVERED AT TERMINAL) CIF (COST, INSURANCE AND FREIGHT)
Seller delivers when the goods, once unloaded from the arriving means of transport, are placed
at the disposal of the buyer at a named terminal at the named port or place of destination.

The risk is borne by the seller The risk is borne by the buyer
The costs are borne by the seller The costs are borne by the buyer
DAP (DELIVERED AT PLACE)
Seller delivers when the goods are placed at the disposal of the buyer on the arriving means Transport insurance is the Clauses for sea and inland
of transport ready for unloading at the named place of destination. responsibility of the seller water transport

Source: Incoterms® 2010 by International Chamber of Commerce