SHIPMENTS -INTO TURKEY
MASTER AWB / OCEAN B/L
S/ FREIGHT FORWARDER
C/ YOUR LOCAL AGENT [SABAY LOGISTICS CO. LTD.]
HOUSE AWB / OCEAN B/L
S/ ACTUAL SHIPPER
C/ ACTUAL CONSIGNEE OR ADVISING BANK
IMPORTANT: THE WEIGHT / VOLUME AND NUMBER OF PIECES MENTIONED ON THE MASTER AND THE HOUSE MUST BE THE SAME
CIF : COST INSURANCE & FREIGHT
CFR : COST & FREIGHT
CPT: CARRIAGE PAID TO
CIP: CARRIAGE AND INSURANCE PAID TO
DAP: DELIVERY DUTY UNPAID
DDP : DELIVERY DUTY PAID
DAF: DELIVERED AT FRONTIER
EXW: EX WORKS
FOB : FREE ON BOARD
FCA: FREE CARRIER
FAS : FREE ALONG SIDE SHIP
CIF
SELLER ARRANGES AND PAYS FOR TRANSPORT TO NAMED PORT. SELLER DELIVERS GOODS, CLEARED FOR EXPORT, LOADED ON BOARD THE VESSEL.
HOWEVER RISK TRANSFERS FROM SELLER TO BUYER ONCE THE GOODS HAVE BEEN LOADED ON BOARD, I.E. BEFORE THE MAIN CARRIAGE TAKES PLACE.
SELLER ALSO ARRANGES AND PAYS FOR INSURANCE FOR THE GOODS FOR CARRIAGE TO THE NAMED PORT.
C & F
SELLER ARRANGES AND PAYS FOR TRANSPORT TO NAMED PORT. SELLER DELIVERS GOODS, CLEARED FOR EXPORT, LOADED ON BOARD THE VESSEL.
HOWEVER RISK TRANSFERS FROM SELLER TO BUYER ONCE THE GOODS HAVE BEEN LOADED ON BOARD, I.E. BEFORE THE MAIN CARRIAGE TAKES PLACE.
CPT
THE SELLER IS RESPONSIBLE FOR ARRANGING CARRIAGE TO THE NAMED PLACE, BUT NOT FOR INSURING THE GOODS TO THE NAMED PLACE. HOWEVER DELIVERY OF THE GOODS TAKES PLACE, AND RISK TRANSFERS FROM SELLER TO BUYER, BEFORE THE MAIN CARRIAGE, AT THE POINT WHERE THE GOODS ARE TAKEN IN CHARGE BY THE FIRST CARRIER.
CIP
CAN BE USED FOR ANY TRANSPORT MODE, OR WHERE THERE IS MORE THAN ONE TRANSPORT MODE. THE SELLER IS RESPONSIBLE FOR ARRANGING CARRIAGE TO THE NAMED PLACE, AND ALSO FOR INSURING THE GOODS.
AS WITH CPT, DELIVERY OF THE GOODS TAKES PLACE, AND RISK TRANSFERS FROM SELLER TO BUYER, BEFORE THE MAIN CARRIAGE, AT THE POINT WHERE THE GOODS ARE TAKEN IN CHARGE BY THE FIRST CARRIER.
DAP
THE SELLER IS RESPONSIBLE FOR ARRANGING CARRIAGE AND FOR DELIVERING THE GOODS, READY FOR UNLOADING FROM THE ARRIVING CONVEYANCE, AT THE NAMED PLACE. (AN IMPORTANT DIFFERENCE FROM DELIVERED AT TERMINAL)
DDP
SELLER DELIVERS WHEN PLACE GOODS AT THE DISPOSAL OF BUYER THE ANOTHER SELLER DELIVERS WHEN THE GOODS ALONGSIDE THE AT THE NAMED PORT.
NAMED PLACE NOT CLEARED FOR EXPORT AND NOT LOADED ON ANY COLLECTING VEHICLE. BUYER BEARS ALL RISKS. BUYER HAS TO BEAR ALL COSTS AND RISKS OF LOSS OR DAMAGE TO THE GOODS FROM THAT MOMENT.
EXW
THE BUYER IS RESPONSIBLE FOR LOADING THE GOODS ONTO A VEHICLE (EVEN THOUGH THE SELLER MAY BE BETTER PLACED TO DO THIS); FOR ALL EXPORT PROCEDURES; FOR ONWARD TRANSPORT AND FOR ALL COSTS ARISING AFTER COLLECTION OF THE GOODS.
FOB
SELLER DELIVERS GOODS, CLEARED FOR EXPORT, LOADED ON BOARD THE VESSEL AT THE NAMED PORT.
ONCE THE GOODS HAVE BEEN LOADED ON BOARD, RISK TRANSFERS TO THE BUYER, WHO BEARS ALL COSTS THEREAFTER.
FCA
SELLER DELIVERS THE GOODS, CLEARED FOR EXPORT, TO THE CARRIER NOMINATED BY THE BUYER AT THE NAMED FAS REQUIRES THE SELLER TO CLEAR THE GOODS FOR EXPORT PLACE. IF DELIVERY OCCURS AT THE SELLER’S PREMISES, THE SELLER IS RESPONSIBLE FOR LOADING AT SELLERS PLACE. FOB SELLER DELIVERS WHEN THE GOODS PASS THE SHIP’S RAIL AT THE NAME PORT OF SHIPMENT.
FAS
SELLER DELIVERS GOODS, CLEARED FOR EXPORT, ALONGSIDE THE VESSEL AT A NAMED PORT, AT WHICH POINT RISK TRANSFERS TO THE BUYER.
THE BUYER IS RESPONSIBLE FOR LOADING THE GOODS AND ALL COSTS THERE AFTER.
