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Address: Ronggui Town, Shunde District, Foshan City, 

Guangdong Province, Feng Yu Road on the 10th Shop
Business Manager: Mr. Hu
Mobile: 13674052390
Straight line: 0757-28808627
Business Manager: Mr. Xie
Mobile: 13549985720
Straight line: 0757-28808430
E-mail: info@sea-well.com


F

FOB

On board delivery

(... designated shipping port)


  "Delivered on board (... a designated port of shipment)" is the completion of delivery by the seller when the goods have crossed the ship's rail at the named port of shipment. This means that the buyer must assume from this point all the risks of loss of or damage to the goods. FOB terms require the seller to handle the export clearance procedures.

FAS 

Shipping side delivery

(... designated shipping port)


  "Ship-to-shore delivery (... designated port of shipment)" means the seller delivers the goods to the side of the vessel at the named port of shipment, ie the delivery is completed. The buyer must bear all the risks of loss of or damage to the goods since then.

FCA

Cargo delivery carrier

(……Designated place)


 "Courier carrier (... named place)" means that the seller completes the delivery as long as the seller delivers the goods to the carrier nominated by the buyer at the named place and transacts the customs clearance. It should be noted that the choice of place of delivery has an impact on the obligation to load and unload at that location. If the seller delivers the goods at his place, the seller should be responsible for loading and if the seller delivers the goods at any other location, the seller is not responsible for unloading.  

C

CIP

Pay for shipping and insurance

(... designated destination)


  "Freight and insurance paid to (... named destination)" means that the seller delivers the goods to its nominated carrier, but the seller must also pay for the carriage of the goods to their destination, ie after the buyer has borne the seller's delivery All risks and additional costs. However, according to CIP terms, the seller must also cover the risk of the buyer's goods being lost or damaged in transit.

CPT

Paid to the freight

(... designated destination)


  "Freight paid to (... named place)" means the seller delivers the goods to his nominated carrier, but the seller must also pay the freight for the goods to their destination. That the buyer bear all the risks and other costs after delivery.

CIF

Cost, insurance and shipping costs

(...... Designated port of destination)


  "Cost, insurance and shipping" means the seller completes the delivery at the port of shipment when the goods have crossed the ship's rail.

CFR

Cost plus shipping

(...... Designated port of destination)


  "Cost plus shipping (...... named port of destination)" means the delivery is completed when the goods at the port of shipment crossed the ship's rail, and the seller must pay for the freight and costs required to bring the goods to the named port of destination. However, the risk of loss of or damage to the goods after delivery, and any additional costs incurred as a result of various events, is transferred from the seller to the buyer.

E

EXW

Factory delivery

(……Designated place)


 "Factory Deliveries (...... Designated Place)" means that when the seller disposes of the goods at the disposal of the buyer at his / her place or at any other designated place (such as a workshop, factory or warehouse), delivery is completed and the seller does not apply for export clearance Or the goods loaded on any means of transport.

D

DEQ

Destination port delivery

(...... Designated port of destination)


  "Port of destination delivery" refers to the seller at the designated port of destination will be the goods to the buyer disposal, do not apply for import clearance procedures, that is, complete the delivery. The seller shall bear all risks and expenses of transporting the goods to the designated port of destination and unloading to the terminal.

DES

Destination port shipments

(...... Designated port of destination)


 "Delivered on board at the port of destination (...... named port of destination)" refers to the delivery of the goods to the buyer at the named port of destination but not for the clearance of the import of goods. The seller must bear all the risks and costs of unloading the goods to the named port of destination. DEQ terminology should be used if the parties want the seller to cover the risks and costs of unloading.

DDP

Duty-paid delivery

(...... Designated port of destination


  "Duty-paid delivery (...... named destination)" refers to the seller at the designated destination, the import clearance procedures have been completed, delivery of the means of delivery not yet unloaded goods with the buyer, the completion of delivery. The seller must bear all the risks and costs involved in bringing the goods to the named place of destination, including any "taxes and fees" (including the customs duties and risks and the payment of handling fees, Customs duties, taxes and other fees).

DDU

Duty-free delivery

(...... Designated port of destination)


  "Duty-free delivery (...... named destination)" means that the seller disposes of the goods at the buyer's disposal at the named place of destination, does not go through the formalities of import, and does not remove the goods from the delivery means of delivery goods. The seller shall bear all the risks and costs of bringing the goods to the named place of destination, excluding any "taxes" (including the customs duties and risks that should be paid in the country of destination when the customs formalities are required) Fees, customs duties, taxes and other fees). The buyer must bear this "tax" and the costs and risks associated with the failure to promptly clear the customs clearance of the imported goods.

DAF

Border delivery

(……Designated place)


  "Frontier delivery (... named place)" means that when the seller delivers to the designated place and the specific point of delivery at the front of the border the goods not yet discharged on the means of delivery remaining in the country of delivery prior to the customs border of the neighboring country When the buyer disposes of the goods and does the clearance formalities for the export of goods, but has not yet completed the procedures of import clearance, the delivery will be completed. The word "border" can be used at any border, including the border of the exporting country. Therefore, it is extremely important that the designated frontier and the specific delivery point be accurately defined.

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