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 Ex Arbeite FCA Frei Träger FAS Frei Längsseite Schiff FOB Free on Board CFR Preis und Fracht CIF Kosten, Versicherung und Fracht CIP Fracht und Versicherung bezahlt DAP Geliefert am Ort DPU Delivered Named Place Unloaded DDP Geliefert verzollt
Incoterms 2010DAT Geliefert am Terminal
DEQ - Delivered Ex Quay (named port of destination)
The meaning of it is that the delivery is completed for the supplier when the goods are placed at the disposal of the recipient at the indicated port. DEQ is intended only for transporting goods by sea or inland waterway. Supplier must bear all costs for export duties and delivery of goods to the specified destination, including its unloading. Supplier pays for export duty, packaging the goods and transportation of the cargo to the port, loads the products on board, hires and pays the ship, engages in unloading from a ship and covers port fees to bring the cargo ex quay. Recipient insures the goods at will, pays import duty, relevant certificates, licenses, etc., delivers and unloads cargo at destination. DEQ is designed to transport goods in containers, and also for transportation of heavy equipment.
Who covers the logistics charges?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller.