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Understanding the Different Shipping Terms

These labels are also called INCOTERMS. It is the elided word that shortens International Commercial Terms. Check out some commonly used terms in this presentation. For more info email us at info@cpc-consultants.net.

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Understanding the Different Shipping Terms

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  1. UNDERSTANDING THE DIFFERENT SHIPPING TERMS

  2. COST, INSURANCE & FREIGHT CIF indicates that seller deliver suitably packaged goods are cleared for exports are safely stowed on board the ship.

  3. CARRIAGE & INSURANCE PAID  CIP terms the delivery made by a trader to a carrier or another approved company at an agreed place on time.

  4. COST & FREIGHT CFR indicates the process of seller delivering packaged goods that are cleared for exports and safe loading on the ship.

  5. CARRIAGE PAID TO COT means that the merchant is responsible for the expenses repaired to freight a package to an agreed location.

  6. DELIVERED AT TERMINAL DAT is a term used to indicate that a seller has delivered the good that are unloaded at the destination location.

  7. DELIVERED AT PLACE DAP means that a supplier has delivered the packaged goods at the agreed terminal are ready for unloading.

  8. FOR MORE DETAILS PRESENTED BY FOLLOW US

  9. THANK YOU!

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