FCA and DAP are purpose-built container rules ... The better choice is that of CPT or CIP as these are for all modes not just a port origin and allow better logistics flexibility. - When a C rule is ...

Incoterms apply to different forms of transport, including over water. Some of the rules include: CIP: Carriage and Insurance Paid to DPU: Delivered at Place Unloaded EXW: Ex Works FCA ...

Buyer’s Main Obligations: Conversely, these Incoterms (DAP, DDP, CIP, CPT) shift most of the burden to the seller. The seller takes care of delivering the goods to a designated location in the ...

In order to make a set of trade terms, different Incoterms (International Commercial Terms) has been developed by International Chamber of Commerce (ICC). They are short abbreviation which is used to ...

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Insurance cover differs between CIF and CIP Under CIF / CIP, the seller buys insurance ... the seller onto the buyer once the goods reach the nominated point. “Delivered at Place”, or DAP, can also be ...