This page is designed to provide a basic level of understanding of Incoterms ® 2020 Rules published by the International Chamber of Commerce (ICC)
Incoterms 2020EXW Franco Fabbrica FCA Vettore Libero FAS Gratuitamente a fianco della nave FOB Free on board CFR Costo e trasporto CIF Costo, assicurazione e trasporto merci CIP Trasporto e assicurazione a pagamento. DAP Consegnato sul posto DPU Luogo nominato consegnato Scaricato DDP Consegnato Dovere pagato
Expected changesCNI Costo e assicurazione DTP Consegnato al terminale a pagamento DPP Consegnato al posto pagato
IncotermsDAT Consegnato al Terminal
CIF - Costo, assicurazione e trasporto (denominato porto di destinazione)
The meaning of it is that the delivery is completed for the supplier when the product came on board the vessel, products have been insured by the supplier, and the vessel was hired by him to transport the goods to the destination port, which is established in the agreement. CIF is intended only for transporting goods by sea or inland waterway. Supplier pays export duty, packaging the goods and transportation of the cargo to the port, loads the goods on board, hires and pays the ship, insures the goods and provides the relevant documentation. Recipient unloads the vessel, pays import duty, relevant certificates, licenses, etc., delivers the goods to the point set in the agreement. CIF is designed to transport goods in bulk or in containers, and also for transportation of heavy equipment.
Chi copre le spese logistiche?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller.