Deeply understand shipping miscellaneous fees, CIC fees, CFS fees, EBS fees and LOCAL CHARGE, master the cost - bearing rules under different trade terms, and avoid additional costs.
Introduce the potential risks and solutions in international trade under the EXW terms, as well as how to safely manage the issues of advance payments and final payments.
Understanding the meaning of the CIP trade term, the difference from the CIF term, and the precautions for using CIP is crucial for ensuring clear contract terms and the smooth progress of transactions in international trade.
Have you ever been confused in international trade and didnt know how to choose the most suitable trade terms? Dont worry, the editor is here to clear the fog for you! Today, we are going to talk about the CPT terms, a rather important but often misunderstood concept in international trade. From cost sharing to transportation responsibilities, from delivery convenience to transportation risks, this article will comprehensively and meticulously analyze the CPT terms, enabling you to be invincible in the trade battlefield!
FAS is a delivery clause in trade terms, which is the abbreviation of Free Alongside Ship. In Chinese, it is generally translated as Free Alongside Ship. FAS stipulates the obligations and responsibilities of the seller, which specifically include the following aspects:
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FCA stands for Free Carrier. Translated into Chinese, this term means delivered to carrier. Typically, the exporter delivers the goods to a specified location, where a designated carrier, appointed by the importer, will collect them.
FOB is the abbreviation of Free On Board, also known as free on board and delivery on board. Usually, when the goods cross the ships rail at the designated port of shipment, the exporter has fulfilled its delivery obligation.
EXW, short for EX Works, is called Ex - Works (named place). Usually, the exporter has fulfilled its obligation to deliver the goods when it places the goods at its business premises or other designated places (factory, warehouse) for the importer to take delivery.
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