ALL ABOUT INCOTERMS 2020 PART 1

Incoterms 2020 are divided into 4 groups (C, D, E, F). Regulations are classified according to fees, risks, procedural responsibilities as well as issues related to import and export.

Incoterms 2020

In group C (Pay main shipping fee), the seller enters into a shipping contract with the forwarder and bears the costs. In this case, the seller is responsible for completing export customs clearance procedures. Risk is transferred at the time of dispatch to the buyer. All problems arising after loading costs related to shipping and other events are the responsibility of the buyer. Group C includes the following Incoterms rules: CFR, CIF, CPT and CIP.

Group D (To) assumes that the seller is obliged to deliver the goods to a specific location or port of destination. This group includes Incoterms terms such as DAP, DPU and DDP.

In group E (Departure), the seller delivers the goods to the buyer at the delivery location specified by the seller. The seller is under no obligation to clear customs or export customs clearance and bears no risk or loading costs. In group E there are only Incoterms EXW.

Group F (Main Freight Unpaid) requires the seller to complete export customs procedures. Seller does not pay shipping and insurance costs. FCA, FAS and FOB belong to this group.

All rules in incotems 2020

EXW – Ex Works

Ex Works means the seller delivers the goods to the buyer:

When placing the goods at the disposal of the buyer at a named place (such as a factory or warehouse), and
The named location may or may not be the seller's location

For delivery to take place, the seller does not need to load the goods on any collection vehicle nor does he need to clear the goods for export, if such clearance is applicable.

This rule may be used regardless of the mode or method of transportation, if any, chosen.

The parties only need to name the delivery location. However, the parties should also identify as clearly as possible the exact location at the named place of delivery. The exact delivery point specified will help both parties clearly understand when the goods are delivered and when risk passes to the buyer; Such precision also marks the point at which the buyer must bear the cost. If the parties do not clearly state the delivery location, it is considered to be for the seller to choose the location "best suited for his purpose". This means that the buyer is exposed to the risk that the seller may choose a point just before the time the goods are lost or damaged. Therefore, it is best for buyers to choose the exact point where the goods will be delivered.

EXW is the Incoterms rule that imposes the least obligations on the seller. Therefore, from the buyer's perspective, this rule should be used with caution for various reasons as outlined below.

In Incoterms 2020 EXW, delivery takes place and risk passes when the goods are placed, unshipped, at the disposal of the buyer. However, the risk of loss or damage to the goods occurring during loading by the seller, may be said to lie with the buyer, who does not actually participate in loading. Given this possibility, it is best that when the seller loads the goods, the parties should agree in advance who will bear the risk of any loss or damage to the goods during loading. This is a common situation simply because the seller is more likely to have the necessary loading equipment on its premises or because applicable safety or security rules prevent unauthorized persons from right to enter the seller's premises.

The seller is not obliged to organize export customs clearance within the third country through which the goods pass through. Indeed, EXW may be suitable for domestic trade where there is no intention to export goods. The seller's participation in export clearance procedures is limited to providing assistance in obtaining such documents and information as the buyer may require for the purpose of exporting the goods. In cases where the buyer intends to export the goods and anticipates difficulties in clearing the export, it is better for the buyer to choose the FCA rule, according to which the obligation and costs of export clearance fall on seller.

Seller bears costs:

Inspection activities (quality inspection, measuring, weighing, counting goods);
Additional, related to damage to goods before delivery;
Packaging and labeling, unless the chosen type of transport does not require them. The seller's obligations are presented below:
The seller delivers the goods to the location specified by the buyer on the agreed date or within the agreed period.
The seller delivers the goods accompanied by a commercial invoice in accordance with the contract of sale and any other evidence evidencing compliance with the documents stated in the contract (paper or electronic).
At the request of the buyer, provide risk and cost support to obtain the necessary licenses for the export of goods
Notify the buyer of the date the goods will be left at the buyer's disposal.
Provide the buyer with any assistance in obtaining any necessary documents to complete export, import or transit customs clearance procedures.
The seller provides the buyer with all information necessary to purchase insurance (at these costs and requirements).

Buyer bears the costs:

Related to import-export procedures and transit customs clearance;
Relating to the goods from the time of delivery according to the seller's contract;
Customs duties, taxes and other charges;
Additional, arising due to non-receipt of goods;
Additionally, the buyer reimburses the seller for costs incurred by providing the buyer with export, import or transit documents.

The buyer's obligations are described below:

Obtain export authorization documents and carry out all export, import or transit customs clearance procedures at the buyer's own risk and expense.
The carrier carries out all import, export and transit customs clearance procedures
Organize the transportation of goods from the place of delivery.
Receive the goods and provide the seller with proof of receipt.
From the moment the goods are delivered under the contract, he bears all costs and risks of the goods.
Loading and unloading goods in import and export

FCA – Free service provider

Free shipper (designated location) means the seller delivers the item to the buyer in one of two ways.

1. Firstly:

When the named place is the seller's premises, the goods are delivered;
Once the goods have been loaded onto the means of transport arranged by the buyer.

2. Secondly:

When the designated location is another location, the goods are delivered;
Once the goods have been loaded onto the seller's means of transport;
They go to another named place;
The goods are ready for unloading from that seller's means of transport;
At the disposal of the carrier or other person designated by the buyer.

Whichever of the two places is chosen as the place of delivery, that place will determine where the risk passes to the buyer and when the costs will be charged to the buyer's account.

This rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.

A sale transaction under Incoterms 2020 FCA may be concluded only naming the place of delivery, at the seller's premises or otherwise, without specifying the exact point of delivery at that named place. However, the parties should also identify as clearly as possible the exact location at the named place of delivery. The exact delivery point specified will help both parties clearly understand when the goods are delivered and when risk passes to the buyer; Such precision also marks the point at which the buyer must bear the cost. However, when the exact score is not determined, this can cause problems for the buyer. The seller for this reason has the right to choose the point “best suited for his purposes”: it becomes the point of delivery, from which risks and costs are transferred to the buyer. If the exact place of delivery is not determined by naming in the contract, the parties are deemed to leave it to the seller to choose the place “best suited to his purposes”. This means that the buyer is exposed to the risk that the seller may choose a point just before the time the goods are lost or damaged. Therefore, it is best for buyers to choose the exact point where the goods will be delivered.

Incoterms 2020 FCA requires the seller to clear customs for exported goods, if any. However, the seller is under no obligation to clear customs for import or transit through a third country, pay any import taxes or carry out any import customs formalities.

In Incoterms 2020 FCA, it is now uncommon for goods to be received by the buyer's trucking carrier in Las Vegas to expect a bill of lading. there is an on-board note issued by the carrier from Las Vegas, this is not a port and the vessel cannot access it to load the goods on board. However, FCA Las Vegas sellers sometimes find themselves in situations where they need a bill of lading with an on board notation (usually due to a bank collection request or a letter of credit request), even though it is necessary to clearly state that the goods have been shipped. placed on board in Los Angeles as well as stating that they were picked up for transportation in Las Vegas. To accommodate the possibility of FCA sellers needing a bill of lading with an on-board notation, FCA Incoterms 2020 has provided for the first time the following optional mechanism. If the parties have such an agreement in the contract, the buyer must instruct his carrier to issue a bill of lading with a note on board the goods to the seller. Of course, the carrier may or may not accept the buyer's request, since the carrier is only bound and authorized to issue such a bill of lading once the goods have been loaded on board the vessel in Los Angeles. However, if and when a bill of lading is issued by the carrier to the seller at the buyer's expense and risk, the seller must provide that document to the buyer, who will need the bill of lading to be discharged. from the carrier. This optional mechanism becomes unnecessary, of course, if the parties have agreed that the seller will present to the buyer a bill of lading stating that the seller will present to the buyer a bill of lading stating that the goods are The goods have been received for transport, not that they have been loaded on board the vessel. Furthermore, it should be emphasized that even where this optional mechanism applies, the seller has no obligation whatsoever to the buyer regarding the terms of the contract of carriage. Finally, when this optional mechanism is applied, the inland delivery date and the onboarding date are necessarily different, the inland delivery date and the onboarding date are necessarily different, which has may cause difficulties for the seller under the letter of credit. The seller has no obligations to the buyer regarding the terms of the contract of carriage. Finally, when this optional mechanism is applied, the inland delivery date and the onboarding date are necessarily different, the inland delivery date and the onboarding date are necessarily different, which has may cause difficulties for the seller under the letter of credit. The seller has no obligations to the buyer regarding the terms of the contract of carriage. Finally, when this optional mechanism is applied, the inland delivery date and the onboarding date are necessarily different, the inland delivery date and the onboarding date are necessarily different, which has may cause difficulties for the seller under the letter of credit.

When using Incoterms 2020 FCA, the seller bears the costs of:

Export clearance;
Delivery and entrustment of goods to the carrier;
Obtain export licenses or other permits, additional official export taxes, fees and charges;
Prohibition on export of products or charges if there is a special tax on the export of such products;
Provide proof of delivery or equivalent electronic copy;
Prepare and send commercial invoices or equivalent electronic copies;
Notify the buyer that the goods have been delivered and entrusted to the carrier or have not been accepted by the carrier at the agreed time;
Packaging and marking are required for shipment, unless the goods are shipped normally without packaging;
Quality control, measuring, weighing and counting.

The main obligations of the seller are presented below:

The seller must provide the goods, commercial invoice and other evidence of conformity according to the requirements and provisions of the contract.
At the request and at the buyer's expense, the seller authorizes and assists in obtaining shipping documents
Designate one person to be responsible for loading the product onto the product buyer's vehicle.
The seller is responsible for preparing the goods for loading (measuring and packing the goods).
He adjusts the goods for export and bears the risks and costs involved
At the buyer's request, the buyer may enter into a contract of carriage on usual terms and conditions at the buyer's expense and risk.

On the other hand, the buyer must bear the costs of:

Regarding import and transportation of goods from the moment the seller delivers the goods to the courier;
Additionally, regarding non-compliance with the obligation to receive goods at the place and time agreed in the contract;
Receive documents or equivalent documents in electronic form (other than ordinary delivery notes) issued in the country of shipment and/or country of origin necessary for the buyer to import or transit the goods;
Notify the seller of the date and location of delivery to the carrier;
In connection with the transportation of products;
Unload the delivered goods from the means of transport at the carrier's terminal designated by the buyer;
Relates to the products from the time they are placed at the disposal of the carrier nominated by the buyer (including customs duties and other official charges);
In addition, due to failure to designate the carrier or failure to notify the seller of the name of the carrier and the date designated for delivery to the carrier;
Inspect the goods before shipping, unless the competent authority requires the exporting country to do this;

The buyer's obligations are set out below:

The buyer completes procedures related to importing goods and shipping goods from the moment the seller delivers the goods to the courier.
He bears the risk of loss or damage to the product from the moment of delivery to the courier.
It contracts for carriage, although the seller may (as an additional service) arrange carriage at the buyer's expense and risk.
He takes care of all the necessary transit formalities and prepares the goods for import.
Buyer orders shipping.
He receives the goods at the location agreed in advance in the contract.

CPT – Freight paid to

Freight paid to means the seller delivers the goods – and transfers the risk – to the buyer:

By handing them over to the carrier;
Signed by the seller;
Or by purchasing goods so delivered.
The seller may do so by giving the carrier physical possession of the goods in a manner and place appropriate to the means of transport used.

Once the goods have been delivered to the buyer in this way, the seller makes no warranty that the goods will arrive at destination in good condition, in the quantity stated, or indeed at all. This is because risk is transferred from the seller to the buyer when the goods are delivered to the buyer by handing them over to the carrier; However, the seller must contract to transport the goods from the place of delivery to the agreed location. Thus, for example, goods are delivered to a carrier in Las Vegas (not a port) for transport to Southampton (a port) or to Winchester (not a port). In both cases, the risk of delivery to the buyer occurs in Las Vegas and the seller must contract for shipment to Southampton or Winchester.

This rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.

In Incoterms 2020 CPT, two places are important: the place or point (if any) where the goods are to be delivered (to transfer risk) and the place or point agreed to be the destination of the goods (which is the point at which goods arrive). The seller promises to sign a shipping contract).

The parties should clearly identify both locations or points within those locations as precisely as possible in the sales contract. Determining the location or point (if any) of delivery as accurately as possible is important to cater for the common situation where multiple carriers are involved, each for different stages of the process. transportation from delivery to destination. Where this occurs and the parties have not agreed on a specific place or point of delivery, the default is to pass the risk when the goods are delivered to the first carrier at a place entirely due to The seller chooses and the buyer has no choice. control. If the parties wish to transfer risk at a later stage (e.g. at a seaport, river port or at an airport), or indeed earlier (e.g. an inland point remote from a seaport or river port),

The parties should also specify in the contract of sale as precisely as possible the point at the agreed destination, since this is the point at which the seller must contract for carriage and this is the point to which the costs of carriage to which are taken into account. Shipping falls on the seller.

If the seller incurs costs under the contract of carriage in connection with unloading the goods at the named place of destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed between the seller and the buyer. parties.

Incoterms 2020 CPT requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear import or transit through third countries or pay any import taxes or carry out any import customs formalities.

Using Incoterms 2020 CPT requires:

All costs related to the goods and their transportation until delivery to the carrier;
Loading costs (at the carrier) and unloading costs may occur;
Shipping costs are charged by the buyer and export customs clearance costs;
Costs that the buyer must bear related to export procedures.

The main obligations of the seller are presented below:

The seller provides commercial invoices and other necessary documents in paper or electronic form.
The seller is responsible for delivering the goods to the carrier at the place of delivery on the agreed date or within the agreed time.
The seller is responsible for damage or loss of the goods until they are delivered to the carrier at the named place and within the specified time.
The seller must contract or organize transportation of the goods to the named destination. If such location does not exist, the seller can choose the most suitable point for this purpose.
One of the obligations of the seller is to comply with all transport-related security requirements for carriage to destination.
The seller must carry out and pay for export customs clearance as well as assist the buyer in import customs clearance.
The seller counts and weighs the goods and, if requested, will bear the cost of packaging the goods.
The seller notifies the buyer of the delivery of the goods to the carrier and provides the buyer with documents authorizing the buyer to receive the goods.

The seller is not obliged to make a contract of insurance but must provide information for this purpose at the request of the buyer.

Buyer gets:

All costs related to the goods and transportation from the time the goods are delivered to the carrier (excluding the seller's obligations);
Shipping costs do not include the seller's obligations stated in the shipping contract;
Unloading costs, unless such are the seller's obligations stated in the contract of carriage;
Customs clearance and import transit costs;
Possible costs incurred by the seller related to import procedures.

The buyer's obligations are set out below:

The buyer undertakes delivery.
He is responsible for damage or loss of the goods from the moment they are delivered to the carrier.
The buyer accepts the documents provided by the seller.
The buyer must carry out and pay for import customs clearance as well as assist the seller in export customs clearance.
He informs the seller about the location and date of delivery.

But it should be remembered that the buyer is not obliged to draw up a contract of carriage.

Nor is he obliged to make an insurance contract.

CIP – Shipping and insurance paid to

Freight and insurance paid to means the seller delivers the goods – and transfers the risk – to the buyer:

By handing them over to the carrier;
Signed by the seller;
Or by purchasing goods so delivered.
The seller may do so by giving the carrier physical possession of the goods in a manner and place appropriate to the means of transport used.

This rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.

In Incoterms 2020 CIP, two places are important: the place or point of delivery (for the transfer of risk) and the place or point agreed as the destination of the goods (which is the point at which the seller promises to contract Purchase). car).

The seller must also contract insurance against the buyer's risk of loss or damage to the goods from the point of delivery to at least the destination. This can cause difficulties where the destination country requires local insurance to be purchased: in this case the parties should consider buying and selling under CPT Incoterms 2020 rules, the seller must have extensive compliant insurance Institute Goods Clauses or similar clause, instead compared to the more limited coverage under the Institute Goods Clauses. However, it is still possible for the parties to agree on a lower insurance level.

The parties should identify both locations or indicate them as precisely as possible in the sales contract. Determining the delivery location or point (if any) as accurately as possible is important to cater for the common situation where multiple carriers are involved, each transporting different segments from one carrier to another. delivery to destination. Where this occurs and the parties have not agreed on a specific place or point of delivery, the default is to pass the risk when the goods are delivered to the first carrier at a place entirely due to The seller chooses and the buyer has no choice. control. If the parties wish to transfer risk at a later stage (e.g. at a seaport, river port or at an airport), or indeed earlier (e.g. an inland point remote from a seaport or river port),

The parties should also specify as precisely as possible in the contract of sale the place at the agreed destination, as this is the point at which the seller must contract for carriage and insurance and this is the point at which costs will be charged. pay. Shipping and insurance belong to the seller.

Incoterms 2020 CIP requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear import or transit through third countries or pay any import taxes or carry out any import customs formalities.

When using CIP Incoterms the seller is responsible for:

Export and transit costs (outside the importing country): customs, taxes, export and transit licenses, export security clearance and costs to obtain all official licenses;
Costs for control activities, such as quality control, measuring, weighing, counting, and delivering appropriately labeled packaging;
Costs related to the transportation of goods until delivery to the buyer;
Cost of issuing and sending commercial invoices;
Costs related to signing a transportation contract as well as packaging and labeling costs for transporting goods;
Cost of transportation insurance and notification to the buyer about the delivery of the goods to the carrier;
Unloading costs at destination if stated in the shipping contract.

The seller's obligations are presented below:

The seller must perform all obligations according to the delivery terms specified in the contract.
He delivers the goods to the carrier on the date agreed upon in the contract.
He contracts or organizes the transportation of goods from the agreed point of delivery to the named destination.
The seller operates in accordance with all transport-related security requirements for transport to destination.
He packs and marks the goods.
He must assist the buyer in obtaining any necessary documents for transit and import clearance procedures.

On the other hand, the buyer bears:

Costs of import procedures: customs, taxes, import and transit licenses, import security clearance and costs of obtaining all official licenses;
The costs of obtaining any official permission;
Costs to obtain documents or equivalent electronic forms required by the buyer when importing or transiting the goods;
Costs related to the goods from the time they are delivered to the ship;
Any additional costs if the buyer fails to notify the seller of the delivery time or destination;
Cost of inspecting goods before delivery (expected when authorities of the exporting country require inspection);
Unloading costs, unless the contract of carriage stipulates otherwise.

The buyer's obligations are set out below:

Buyer receives goods.
He must carry out and pay for import clearance.
He obtains the necessary documents for import and transit.
The buyer assists the seller, at his request, risk and expense, in obtaining any documents necessary for export procedures.
He informs the seller about the location and date of delivery.

DAP – Delivery to your door

Delivery at location means the seller delivers the goods – and passes the risk – to the buyer:

When the goods are placed at the disposal of the buyer;
On arrival the transport vehicle is ready for unloading;
At the named destination;
At the agreed location within that location, if any point is agreed upon.

The seller bears all risks involved in bringing the goods to the named place of destination or to the agreed point at that place. Therefore, in these Incoterms rules, delivery and arrival at destination are the same.

This rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.

The parties should specify the place or destination as clearly as possible and this is for several reasons. Firstly, the risk of loss or damage to the goods passes to the buyer at that point of delivery/destination - and it is best for the seller and buyer to be clear about the point at which that material transfer occurs. go out. Second, the costs before that place or delivery point/destination are borne by the seller and the costs after that place or delivery point are borne by the buyer. Third, the seller must contract or arrange for the carriage of the goods to the agreed place or delivery point/destination. If he fails to do so, the seller will be in breach of his obligations under the DAP rules of Incoterms and will be liable to the buyer for any subsequent losses. So for example,

The seller does not have to unload the goods from the arriving means of transport. However, if the seller incurs costs under the contract of carriage in connection with unloading the goods at the place of delivery/destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed. other agreements between the parties.

Incoterms 2020 DAP requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear post-delivery import or transit customs clearance of imported or post-delivery goods through third countries, pay any import duties or carry out customs duties. perform any import customs formalities. Therefore, if the buyer does not organize import customs clearance, the goods will be stuck at the port or inland wharf in the destination country. Who bears the risk of any loss that may occur while the goods are detained at the port of entry in the destination country? The answer is that the buyer, delivery of which will not have yet taken place, ensures that the risk of loss or damage to the goods will lie with the buyer until carriage to a named inland point can be made. be continued. If this situation is to be avoided,

When using DAP Incoterms 2020, sellers get:

All costs relating to the goods and their transportation until delivery (except costs to be borne by the buyer);
Unloading costs may occur;
Export customs clearance costs;
Cost of providing documents related to transportation.

The seller's obligations are presented below:

The seller provides commercial invoices and other necessary documents in paper or electronic form.
He delivers the goods ready for unloading at a specified location and within the specified time.
He is responsible for damage or loss of the goods until they are delivered at the agreed time and place.
The seller's obligation is to contract or organize transportation of the goods at the named destination at his own expense. If such location is not specified, the seller can choose the point most suitable for this purpose.
The seller operates in accordance with all transport-related security requirements for transport to destination.
The seller must carry out and pay for all export and transit customs clearance procedures as well as assist the buyer in import customs clearance.
He must count and weigh the goods and, if necessary, pack them.
He provides the buyer with documents authorizing the buyer to take over the goods.
The seller is not obliged to sign an insurance contract.

Buyer loses:

Costs related to signing a transportation contract;
Any costs relating to the goods from the time of delivery and possible unloading costs;
Import customs clearance costs;
Possible costs incurred by the seller related to import procedures.

The buyer's obligations are set out below:

The buyer pays the price of the goods as stipulated in the sales contract.
He takes care of the delivery.
The buyer must accept the documents provided by the seller to be allowed to receive the goods.
He is responsible for damage or loss of the goods from the moment they are delivered.
The buyer must carry out and pay for import customs clearance as well as assist the seller in export customs clearance.
The buyer informs the seller of the named port/place of delivery, type of means of transport and delivery date.
The buyer is not obliged to draw up an insurance contract but must provide information for this purpose at the request of the seller.

DPU – Delivered at place of unloading

Delivery at the point of discharge means that the seller delivers the goods – and passes the risk – to the buyer:

When the goods, after unloading from the arriving means of transport, are placed at the disposal of the buyer at the named place of destination;
The goods, after being unloaded from the arriving means of transport, shall be placed at the disposal of the buyer at the agreed point at that place, if any such point is agreed upon.

The seller bears all risks involved in bringing the goods to and unloading them at the named place of destination. Therefore, in these Incoterms rules, delivery and arrival at destination are the same. DPU is the only Incoterms rule that requires the seller to unload the goods at the place of destination. Therefore, the seller must ensure that he can organize unloading at the designated location. If the parties wish for the seller not to bear the risks and costs of unloading then the DPU rule should be avoided and DAP should be used instead.

This rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.

The parties should specify the place or destination as clearly as possible and this is for several reasons. Firstly, the risk of loss or damage to the goods passes to the buyer at the point of delivery/destination - and it is best for the seller and buyer to be clear about the point at which that material transfer occurs . Second, the costs before that place or delivery point/destination are borne by the seller and the costs after that place or delivery point are borne by the buyer. Third, the seller must contract or arrange for the carriage of the goods to the agreed place or delivery point/destination. If he fails to do so, the seller will be in breach of his obligations under this rule and will be liable to the buyer for any subsequent losses. For example, the seller will

Incoterms 2020 DPU requires the seller to clear customs for exported goods, if any. However, the seller is under no obligation to clear import customs or post-delivery transit through a third country, pay any import taxes or carry out any import customs formalities. Therefore, if the buyer does not organize import customs clearance, the goods will be stuck at the port or inland wharf in the destination country. Who bears the risk of any loss that may occur while the goods are detained at the port of entry in the destination country? The answer is the buyer: delivery will not yet take place, ensuring that the risk of loss or damage to the goods will lie with the buyer until carriage to a named inland point can be made. be continued. If, in order to avoid this situation, the parties intend that the seller clear customs for import of the goods,

When using DPU Incoterms 2020, the seller is responsible for:

Export and transit costs (outside the importing country): customs, taxes, export and transit licenses, export security clearance and costs to obtain all official licenses;
Costs for control activities, such as quality control, measuring, weighing, counting, and delivering appropriately labeled packaging;
Costs related to transportation, transportation of goods until unloading and delivery to the buyer;
Expenses necessary to obtain documents and information related to export and transit customs clearance;
Costs related to signing a transportation contract.

The main obligations of the seller are presented below:

The seller must perform all obligations according to the delivery conditions specified in the contract. This means delivery of the goods together with the commercial invoice in accordance with the sales contract and other relevant documents.
The seller is responsible for unloading the goods from the arriving means of transport and then delivering them by placing them at the disposal of the buyer at the place agreed in the contract.
He connects the transportation of goods.
He provides the buyer, at his own expense, with all the necessary documents to enable the buyer to take delivery of the goods.
He assists the buyer at his request, risk and expense in obtaining any necessary documents for transit and import clearance procedures.
The seller packages and marks the goods.
He informs the buyer about problems related to the receipt of goods.
He unloads the goods at the place of delivery.

Buyer bears:

Cost of import procedures: customs, taxes, import licenses, import security clearance and costs to obtain all official licenses;
Any additional costs incurred if the buyer does not fulfill the obligations stated in the contract;
Costs required to obtain documents related to import customs clearance.

The buyer's obligations are set out below:

The buyer assists the seller, at his request, risk and expense, in obtaining any documents necessary for export and transit clearance.
He must carry out and pay for import clearance.
He informs the seller in advance of all safety requirements related to transportation, the name of the vessel, the loading point and possible delivery dates within the period agreed in the contract.

DDP – Delivered Duty Paid

Delivering duty paid means the seller delivers the goods to the buyer:

When the goods are placed at the disposal of the buyer, cleared for import, on the arriving means of transport, ready for unloading, at the named place of destination or at an agreed place within that place, if Are any such points agreed upon?

This rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.

Incoterms 2020 DDP, with delivery taking place at destination and the seller responsible for payment of import duties and applicable taxes, is the Incoterms rule that imposes on the seller the maximum liability of all 11 rules. Incoterms rules.

The parties should specify the place or destination as clearly as possible and this is for several reasons. Firstly, the risk of loss or damage to the goods passes to the buyer at that point of delivery/destination - and it is best for the seller and buyer to be clear about the point at which that material transfer occurs. go out. Second, costs before that place or point of delivery/destination are borne by the seller, including import customs clearance costs and costs after that place or point of delivery, which are not import costs. export, borne by the seller. buyer. Third, the seller must contract or arrange for the carriage of the goods to the agreed place or delivery point/destination. If he fails to do so, the seller is in breach of his obligations under the DDP rule of Incoterms and will be liable to the buyer for any subsequent loss. So, for example, the seller will be responsible for any additional costs the mover charges the buyer for any additional shipping costs.

If the PDD seller incurs costs under the contract of carriage in connection with unloading the goods at the place of delivery/destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed. between parties.

DDP requires the seller to clear the goods for export, if applicable, as well as for import and pay any import duties or carry out any customs formalities. Therefore, if the seller cannot complete import customs clearance procedures and wants to assign it to the buyer in the import customs clearance country, then assign it to the buyer. There may be tax implications which may not be recoverable from the buyer.

When using DDP Incoterms 2020, the seller will:

All costs for control activities (quality checking, measuring, weighing goods);
Costs for all procedures related to customs, export, import and transit procedures. If import clearance fees cannot be paid and want to leave it to the buyer, the seller should consider Incoterms DAP or DPU;
Unloading costs at destination if stated in the contract of carriage (the seller has no right to recover these charges unless the parties agree otherwise);
Delivery costs;
Fees payable by the buyer in connection with assistance in providing transport-related documents.

The main obligations of the seller are presented below:

The seller is obliged to deliver the goods and all necessary documents to the mutually agreed location and on a specified date (documents can be in paper or electronic form).
He must properly package and label the goods so that they can be transported (unless the parties have agreed otherwise in advance).
The seller must provide the buyer with all necessary information/documents to enable the buyer to receive the goods.

Buyer gets:

Product cost according to sales contract;
Costs related to goods after delivery;
Unloading costs (unless these costs have been charged by the seller under the contract of carriage);
Any additional costs incurred by the seller if the buyer fails to comply with its obligation to assist in obtaining the necessary documents or if the buyer fails to notify the exporter of the time and place of delivery.

The buyer's obligations are set out below:

He is obliged to collect the goods.
The buyer is obliged to assist the seller (at his request) in collecting all documents related to import, export and transit.
If the two parties agree that the buyer is obliged to determine the time and place of delivery, the seller must also notify the seller in advance.

But:

The buyer is not obliged to conclude an insurance contract but must provide the seller (at his request) with the necessary information to purchase insurance.

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{"id":608536,"name":"ALL ABOUT INCOTERMS 2020 PART 1","desc":"Incoterms 2020 are divided into 4 groups (C, D, E, F). Regulations are classified according to fees, risks, procedural responsibilities as well as issues related to import and export.<\/p>\n","content":"Incoterms 2020 are divided into 4 groups (C, D, E, F). Regulations are classified according to fees, risks, procedural responsibilities as well as issues related to import and export.<\/p>\n\nIncoterms 2020&nbsp;<\/strong><\/p>\n\nIn group C (Pay main shipping fee), the seller enters into a shipping contract with the forwarder and bears the costs. In this case, the seller is responsible for completing export customs clearance procedures. Risk is transferred at the time of dispatch to the buyer. All problems arising after loading costs related to shipping and other events are the responsibility of the buyer. Group C includes the following Incoterms rules: CFR, CIF, CPT and CIP.<\/p>\n\nGroup D (To) assumes that the seller is obliged to deliver the goods to a specific location or port of destination. This group includes Incoterms terms such as DAP, DPU and DDP.<\/p>\n\nIn group E (Departure), the seller delivers the goods to the buyer at the delivery location specified by the seller. The seller is under no obligation to clear customs or export customs clearance and bears no risk or loading costs. In group E there are only Incoterms EXW.<\/p>\n\nGroup F (Main Freight Unpaid) requires the seller to complete export customs procedures. Seller does not pay shipping and insurance costs. FCA, FAS and FOB belong to this group.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020.jpg\" \/><\/p>\n\nAll rules in incotems 2020<\/strong><\/p>\n\nEXW &ndash; Ex Works<\/strong><\/p>\n\nEx Works means the seller delivers the goods to the buyer:<\/p>\n\n<ul>\n\t<li>When placing the goods at the disposal of the buyer at a named place (such as a factory or warehouse), and<\/li>\n\t<li>The named location may or may not be the seller&#39;s location<\/li>\n<\/ul>\n\nFor delivery to take place, the seller does not need to load the goods on any collection vehicle nor does he need to clear the goods for export, if such clearance is applicable.<\/p>\n\nThis rule may be used regardless of the mode or method of transportation, if any, chosen.<\/p>\n\nThe parties only need to name the delivery location. However, the parties should also identify as clearly as possible the exact location at the named place of delivery. The exact delivery point specified will help both parties clearly understand when the goods are delivered and when risk passes to the buyer; Such precision also marks the point at which the buyer must bear the cost. If the parties do not clearly state the delivery location, it is considered to be for the seller to choose the location &quot;best suited for his purpose&quot;. This means that the buyer is exposed to the risk that the seller may choose a point just before the time the goods are lost or damaged. Therefore, it is best for buyers to choose the exact point where the goods will be delivered.<\/p>\n\nEXW is the Incoterms rule that imposes the least obligations on the seller. Therefore, from the buyer&#39;s perspective, this rule should be used with caution for various reasons as outlined below.<\/p>\n\nIn Incoterms 2020 EXW, delivery takes place and risk passes when the goods are placed, unshipped, at the disposal of the buyer. However, the risk of loss or damage to the goods occurring during loading by the seller, may be said to lie with the buyer, who does not actually participate in loading. Given this possibility, it is best that when the seller loads the goods, the parties should agree in advance who will bear the risk of any loss or damage to the goods during loading. This is a common situation simply because the seller is more likely to have the necessary loading equipment on its premises or because applicable safety or security rules prevent unauthorized persons from right to enter the seller&#39;s premises.<\/p>\n\nThe seller is not obliged to organize export customs clearance within the third country through which the goods pass through. Indeed, EXW may be suitable for domestic trade where there is no intention to export goods. The seller&#39;s participation in export clearance procedures is limited to providing assistance in obtaining such documents and information as the buyer may require for the purpose of exporting the goods. In cases where the buyer intends to export the goods and anticipates difficulties in clearing the export, it is better for the buyer to choose the FCA rule, according to which the obligation and costs of export clearance fall on seller.<\/p>\n\nSeller bears costs:<\/p>\n\n<ul>\n\t<li>Inspection activities (quality inspection, measuring, weighing, counting goods);<\/li>\n\t<li>Additional, related to damage to goods before delivery;<\/li>\n\t<li>Packaging and labeling, unless the chosen type of transport does not require them. The seller&#39;s obligations are presented below:<\/li>\n\t<li>The seller delivers the goods to the location specified by the buyer on the agreed date or within the agreed period.<\/li>\n\t<li>The seller delivers the goods accompanied by a commercial invoice in accordance with the contract of sale and any other evidence evidencing compliance with the documents stated in the contract (paper or electronic).<\/li>\n\t<li>At the request of the buyer, provide risk and cost support to obtain the necessary licenses for the export of goods<\/li>\n\t<li>Notify the buyer of the date the goods will be left at the buyer&#39;s disposal.<\/li>\n\t<li>Provide the buyer with any assistance in obtaining any necessary documents to complete export, import or transit customs clearance procedures.<\/li>\n\t<li>The seller provides the buyer with all information necessary to purchase insurance (at these costs and requirements).<\/li>\n<\/ul>\n\nBuyer bears the costs:<\/p>\n\n<ul>\n\t<li>Related to import-export procedures and transit customs clearance;<\/li>\n\t<li>Relating to the goods from the time of delivery according to the seller&#39;s contract;<\/li>\n\t<li>Customs duties, taxes and other charges;<\/li>\n\t<li>Additional, arising due to non-receipt of goods;<\/li>\n\t<li>Additionally, the buyer reimburses the seller for costs incurred by providing the buyer with export, import or transit documents.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are described below:<\/p>\n\n<ul>\n\t<li>Obtain export authorization documents and carry out all export, import or transit customs clearance procedures at the buyer&#39;s own risk and expense.<\/li>\n\t<li>The carrier carries out all import, export and transit customs clearance procedures<\/li>\n\t<li>Organize the transportation of goods from the place of delivery.<\/li>\n\t<li>Receive the goods and provide the seller with proof of receipt.<\/li>\n\t<li>From the moment the goods are delivered under the contract, he bears all costs and risks of the goods.<\/li>\n\t<li>Loading and unloading goods in import and export<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-1.jpg\" \/><\/p>\n\nFCA &ndash; Free service provider<\/strong><\/p>\n\nFree shipper (designated location) means the seller delivers the item to the buyer in one of two ways.<\/p>\n\n1. Firstly:<\/p>\n\n<ul>\n\t<li>When the named place is the seller&#39;s premises, the goods are delivered;<\/li>\n\t<li>Once the goods have been loaded onto the means of transport arranged by the buyer.<\/li>\n<\/ul>\n\n2. Secondly:<\/p>\n\n<ul>\n\t<li>When the designated location is another location, the goods are delivered;<\/li>\n\t<li>Once the goods have been loaded onto the seller&#39;s means of transport;<\/li>\n\t<li>They go to another named place;<\/li>\n\t<li>The goods are ready for unloading from that seller&#39;s means of transport;<\/li>\n\t<li>At the disposal of the carrier or other person designated by the buyer.<\/li>\n<\/ul>\n\nWhichever of the two places is chosen as the place of delivery, that place will determine where the risk passes to the buyer and when the costs will be charged to the buyer&#39;s account.<\/p>\n\nThis rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.<\/p>\n\nA sale transaction under Incoterms 2020 FCA may be concluded only naming the place of delivery, at the seller&#39;s premises or otherwise, without specifying the exact point of delivery at that named place. However, the parties should also identify as clearly as possible the exact location at the named place of delivery. The exact delivery point specified will help both parties clearly understand when the goods are delivered and when risk passes to the buyer; Such precision also marks the point at which the buyer must bear the cost. However, when the exact score is not determined, this can cause problems for the buyer. The seller for this reason has the right to choose the point &ldquo;best suited for his purposes&rdquo;: it becomes the point of delivery, from which risks and costs are transferred to the buyer. If the exact place of delivery is not determined by naming in the contract, the parties are deemed to leave it to the seller to choose the place &ldquo;best suited to his purposes&rdquo;. This means that the buyer is exposed to the risk that the seller may choose a point just before the time the goods are lost or damaged. Therefore, it is best for buyers to choose the exact point where the goods will be delivered.<\/p>\n\nIncoterms 2020 FCA requires the seller to clear customs for exported goods, if any. However, the seller is under no obligation to clear customs for import or transit through a third country, pay any import taxes or carry out any import customs formalities.<\/p>\n\nIn Incoterms 2020 FCA, it is now uncommon for goods to be received by the buyer&#39;s trucking carrier in Las Vegas to expect a bill of lading. there is an on-board note issued by the carrier from Las Vegas, this is not a port and the vessel cannot access it to load the goods on board. However, FCA Las Vegas sellers sometimes find themselves in situations where they need a bill of lading with an on board notation (usually due to a bank collection request or a letter of credit request), even though it is necessary to clearly state that the goods have been shipped. placed on board in Los Angeles as well as stating that they were picked up for transportation in Las Vegas. To accommodate the possibility of FCA sellers needing a bill of lading with an on-board notation, FCA Incoterms 2020 has provided for the first time the following optional mechanism. If the parties have such an agreement in the contract, the buyer must instruct his carrier to issue a bill of lading with a note on board the goods to the seller. Of course, the carrier may or may not accept the buyer&#39;s request, since the carrier is only bound and authorized to issue such a bill of lading once the goods have been loaded on board the vessel in Los Angeles. However, if and when a bill of lading is issued by the carrier to the seller at the buyer&#39;s expense and risk, the seller must provide that document to the buyer, who will need the bill of lading to be discharged. from the carrier. This optional mechanism becomes unnecessary, of course, if the parties have agreed that the seller will present to the buyer a bill of lading stating that the seller will present to the buyer a bill of lading stating that the goods are The goods have been received for transport, not that they have been loaded on board the vessel. Furthermore, it should be emphasized that even where this optional mechanism applies, the seller has no obligation whatsoever to the buyer regarding the terms of the contract of carriage. Finally, when this optional mechanism is applied, the inland delivery date and the onboarding date are necessarily different, the inland delivery date and the onboarding date are necessarily different, which has may cause difficulties for the seller under the letter of credit. The seller has no obligations to the buyer regarding the terms of the contract of carriage. Finally, when this optional mechanism is applied, the inland delivery date and the onboarding date are necessarily different, the inland delivery date and the onboarding date are necessarily different, which has may cause difficulties for the seller under the letter of credit. The seller has no obligations to the buyer regarding the terms of the contract of carriage. Finally, when this optional mechanism is applied, the inland delivery date and the onboarding date are necessarily different, the inland delivery date and the onboarding date are necessarily different, which has may cause difficulties for the seller under the letter of credit.<\/p>\n\nWhen using Incoterms 2020 FCA, the seller bears the costs of:<\/p>\n\n<ul>\n\t<li>Export clearance;<\/li>\n\t<li>Delivery and entrustment of goods to the carrier;<\/li>\n\t<li>Obtain export licenses or other permits, additional official export taxes, fees and charges;<\/li>\n\t<li>Prohibition on export of products or charges if there is a special tax on the export of such products;<\/li>\n\t<li>Provide proof of delivery or equivalent electronic copy;<\/li>\n\t<li>Prepare and send commercial invoices or equivalent electronic copies;<\/li>\n\t<li>Notify the buyer that the goods have been delivered and entrusted to the carrier or have not been accepted by the carrier at the agreed time;<\/li>\n\t<li>Packaging and marking are required for shipment, unless the goods are shipped normally without packaging;<\/li>\n\t<li>Quality control, measuring, weighing and counting.<\/li>\n<\/ul>\n\nThe main obligations of the seller are presented below:<\/p>\n\n<ul>\n\t<li>The seller must provide the goods, commercial invoice and other evidence of conformity according to the requirements and provisions of the contract.<\/li>\n\t<li>At the request and at the buyer&#39;s expense, the seller authorizes and assists in obtaining shipping documents<\/li>\n\t<li>Designate one person to be responsible for loading the product onto the product buyer&#39;s vehicle.<\/li>\n\t<li>The seller is responsible for preparing the goods for loading (measuring and packing the goods).<\/li>\n\t<li>He adjusts the goods for export and bears the risks and costs involved<\/li>\n\t<li>At the buyer&#39;s request, the buyer may enter into a contract of carriage on usual terms and conditions at the buyer&#39;s expense and risk.<\/li>\n<\/ul>\n\nOn the other hand, the buyer must bear the costs of:<\/p>\n\n<ul>\n\t<li>Regarding import and transportation of goods from the moment the seller delivers the goods to the courier;<\/li>\n\t<li>Additionally, regarding non-compliance with the obligation to receive goods at the place and time agreed in the contract;<\/li>\n\t<li>Receive documents or equivalent documents in electronic form (other than ordinary delivery notes) issued in the country of shipment and\/or country of origin necessary for the buyer to import or transit the goods;<\/li>\n\t<li>Notify the seller of the date and location of delivery to the carrier;<\/li>\n\t<li>In connection with the transportation of products;<\/li>\n\t<li>Unload the delivered goods from the means of transport at the carrier&#39;s terminal designated by the buyer;<\/li>\n\t<li>Relates to the products from the time they are placed at the disposal of the carrier nominated by the buyer (including customs duties and other official charges);<\/li>\n\t<li>In addition, due to failure to designate the carrier or failure to notify the seller of the name of the carrier and the date designated for delivery to the carrier;<\/li>\n\t<li>Inspect the goods before shipping, unless the competent authority requires the exporting country to do this;<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>The buyer completes procedures related to importing goods and shipping goods from the moment the seller delivers the goods to the courier.<\/li>\n\t<li>He bears the risk of loss or damage to the product from the moment of delivery to the courier.<\/li>\n\t<li>It contracts for carriage, although the seller may (as an additional service) arrange carriage at the buyer&#39;s expense and risk.<\/li>\n\t<li>He takes care of all the necessary transit formalities and prepares the goods for import.<\/li>\n\t<li>Buyer orders shipping.<\/li>\n\t<li>He receives the goods at the location agreed in advance in the contract.<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-2.jpg\" \/><\/p>\n\nCPT &ndash; Freight paid to<\/strong><\/p>\n\nFreight paid to means the seller delivers the goods &ndash; and transfers the risk &ndash; to the buyer:<\/p>\n\n<ul>\n\t<li>By handing them over to the carrier;<\/li>\n\t<li>Signed by the seller;<\/li>\n\t<li>Or by purchasing goods so delivered.<\/li>\n\t<li>The seller may do so by giving the carrier physical possession of the goods in a manner and place appropriate to the means of transport used.<\/li>\n<\/ul>\n\nOnce the goods have been delivered to the buyer in this way, the seller makes no warranty that the goods will arrive at destination in good condition, in the quantity stated, or indeed at all. This is because risk is transferred from the seller to the buyer when the goods are delivered to the buyer by handing them over to the carrier; However, the seller must contract to transport the goods from the place of delivery to the agreed location. Thus, for example, goods are delivered to a carrier in Las Vegas (not a port) for transport to Southampton (a port) or to Winchester (not a port). In both cases, the risk of delivery to the buyer occurs in Las Vegas and the seller must contract for shipment to Southampton or Winchester.<\/p>\n\nThis rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.<\/p>\n\nIn Incoterms 2020 CPT, two places are important: the place or point (if any) where the goods are to be delivered (to transfer risk) and the place or point agreed to be the destination of the goods (which is the point at which goods arrive). The seller promises to sign a shipping contract).<\/p>\n\nThe parties should clearly identify both locations or points within those locations as precisely as possible in the sales contract. Determining the location or point (if any) of delivery as accurately as possible is important to cater for the common situation where multiple carriers are involved, each for different stages of the process. transportation from delivery to destination. Where this occurs and the parties have not agreed on a specific place or point of delivery, the default is to pass the risk when the goods are delivered to the first carrier at a place entirely due to The seller chooses and the buyer has no choice. control. If the parties wish to transfer risk at a later stage (e.g. at a seaport, river port or at an airport), or indeed earlier (e.g. an inland point remote from a seaport or river port),<\/p>\n\nThe parties should also specify in the contract of sale as precisely as possible the point at the agreed destination, since this is the point at which the seller must contract for carriage and this is the point to which the costs of carriage to which are taken into account. Shipping falls on the seller.<\/p>\n\nIf the seller incurs costs under the contract of carriage in connection with unloading the goods at the named place of destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed between the seller and the buyer. parties.<\/p>\n\nIncoterms 2020 CPT requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear import or transit through third countries or pay any import taxes or carry out any import customs formalities.<\/p>\n\nUsing Incoterms 2020 CPT requires:<\/p>\n\n<ul>\n\t<li>All costs related to the goods and their transportation until delivery to the carrier;<\/li>\n\t<li>Loading costs (at the carrier) and unloading costs may occur;<\/li>\n\t<li>Shipping costs are charged by the buyer and export customs clearance costs;<\/li>\n\t<li>Costs that the buyer must bear related to export procedures.<\/li>\n<\/ul>\n\nThe main obligations of the seller are presented below:<\/p>\n\n<ul>\n\t<li>The seller provides commercial invoices and other necessary documents in paper or electronic form.<\/li>\n\t<li>The seller is responsible for delivering the goods to the carrier at the place of delivery on the agreed date or within the agreed time.<\/li>\n\t<li>The seller is responsible for damage or loss of the goods until they are delivered to the carrier at the named place and within the specified time.<\/li>\n\t<li>The seller must contract or organize transportation of the goods to the named destination. If such location does not exist, the seller can choose the most suitable point for this purpose.<\/li>\n\t<li>One of the obligations of the seller is to comply with all transport-related security requirements for carriage to destination.<\/li>\n\t<li>The seller must carry out and pay for export customs clearance as well as assist the buyer in import customs clearance.<\/li>\n\t<li>The seller counts and weighs the goods and, if requested, will bear the cost of packaging the goods.<\/li>\n\t<li>The seller notifies the buyer of the delivery of the goods to the carrier and provides the buyer with documents authorizing the buyer to receive the goods.<\/li>\n<\/ul>\n\nThe seller is not obliged to make a contract of insurance but must provide information for this purpose at the request of the buyer.<\/p>\n\nBuyer gets:<\/p>\n\n<ul>\n\t<li>All costs related to the goods and transportation from the time the goods are delivered to the carrier (excluding the seller&#39;s obligations);<\/li>\n\t<li>Shipping costs do not include the seller&#39;s obligations stated in the shipping contract;<\/li>\n\t<li>Unloading costs, unless such are the seller&#39;s obligations stated in the contract of carriage;<\/li>\n\t<li>Customs clearance and import transit costs;<\/li>\n\t<li>Possible costs incurred by the seller related to import procedures.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>The buyer undertakes delivery.<\/li>\n\t<li>He is responsible for damage or loss of the goods from the moment they are delivered to the carrier.<\/li>\n\t<li>The buyer accepts the documents provided by the seller.<\/li>\n\t<li>The buyer must carry out and pay for import customs clearance as well as assist the seller in export customs clearance.<\/li>\n\t<li>He informs the seller about the location and date of delivery.<\/li>\n<\/ul>\n\nBut it should be remembered that the buyer is not obliged to draw up a contract of carriage.<\/p>\n\nNor is he obliged to make an insurance contract.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-3.jpg\" \/><\/p>\n\nCIP &ndash; Shipping and insurance paid to<\/strong><\/p>\n\nFreight and insurance paid to means the seller delivers the goods &ndash; and transfers the risk &ndash; to the buyer:<\/p>\n\n<ul>\n\t<li>By handing them over to the carrier;<\/li>\n\t<li>Signed by the seller;<\/li>\n\t<li>Or by purchasing goods so delivered.<\/li>\n\t<li>The seller may do so by giving the carrier physical possession of the goods in a manner and place appropriate to the means of transport used.<\/li>\n<\/ul>\n\nOnce the goods have been delivered to the buyer in this way, the seller makes no warranty that the goods will arrive at destination in good condition, in the quantity stated, or indeed at all. This is because risk is transferred from the seller to the buyer when the goods are delivered to the buyer by handing them over to the carrier; However, the seller must contract to transport the goods from the place of delivery to the agreed location. Thus, for example, goods are delivered to a carrier in Las Vegas (not a port) for transport to Southampton (a port) or to Winchester (not a port). In both cases, the risk of delivery to the buyer occurs in Las Vegas and the seller must contract for shipment to Southampton or Winchester.<\/p>\n\nThis rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.<\/p>\n\nIn Incoterms 2020 CIP, two places are important: the place or point of delivery (for the transfer of risk) and the place or point agreed as the destination of the goods (which is the point at which the seller promises to contract Purchase). car).<\/p>\n\nThe seller must also contract insurance against the buyer&#39;s risk of loss or damage to the goods from the point of delivery to at least the destination. This can cause difficulties where the destination country requires local insurance to be purchased: in this case the parties should consider buying and selling under CPT Incoterms 2020 rules, the seller must have extensive compliant insurance Institute Goods Clauses or similar clause, instead compared to the more limited coverage under the Institute Goods Clauses. However, it is still possible for the parties to agree on a lower insurance level.<\/p>\n\nThe parties should identify both locations or indicate them as precisely as possible in the sales contract. Determining the delivery location or point (if any) as accurately as possible is important to cater for the common situation where multiple carriers are involved, each transporting different segments from one carrier to another. delivery to destination. Where this occurs and the parties have not agreed on a specific place or point of delivery, the default is to pass the risk when the goods are delivered to the first carrier at a place entirely due to The seller chooses and the buyer has no choice. control. If the parties wish to transfer risk at a later stage (e.g. at a seaport, river port or at an airport), or indeed earlier (e.g. an inland point remote from a seaport or river port),<\/p>\n\nThe parties should also specify as precisely as possible in the contract of sale the place at the agreed destination, as this is the point at which the seller must contract for carriage and insurance and this is the point at which costs will be charged. pay. Shipping and insurance belong to the seller.<\/p>\n\nIf the seller incurs costs under the contract of carriage in connection with unloading the goods at the named place of destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed between the seller and the buyer. parties.<\/p>\n\nIncoterms 2020 CIP requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear import or transit through third countries or pay any import taxes or carry out any import customs formalities.<\/p>\n\nWhen using CIP Incoterms the seller is responsible for:<\/p>\n\n<ul>\n\t<li>Export and transit costs (outside the importing country): customs, taxes, export and transit licenses, export security clearance and costs to obtain all official licenses;<\/li>\n\t<li>Costs for control activities, such as quality control, measuring, weighing, counting, and delivering appropriately labeled packaging;<\/li>\n\t<li>Costs related to the transportation of goods until delivery to the buyer;<\/li>\n\t<li>Cost of issuing and sending commercial invoices;<\/li>\n\t<li>Costs related to signing a transportation contract as well as packaging and labeling costs for transporting goods;<\/li>\n\t<li>Cost of transportation insurance and notification to the buyer about the delivery of the goods to the carrier;<\/li>\n\t<li>Unloading costs at destination if stated in the shipping contract.<\/li>\n<\/ul>\n\nThe seller&#39;s obligations are presented below:<\/p>\n\n<ul>\n\t<li>The seller must perform all obligations according to the delivery terms specified in the contract.<\/li>\n\t<li>He delivers the goods to the carrier on the date agreed upon in the contract.<\/li>\n\t<li>He contracts or organizes the transportation of goods from the agreed point of delivery to the named destination.<\/li>\n\t<li>The seller operates in accordance with all transport-related security requirements for transport to destination.<\/li>\n\t<li>He packs and marks the goods.<\/li>\n\t<li>He must assist the buyer in obtaining any necessary documents for transit and import clearance procedures.<\/li>\n<\/ul>\n\nOn the other hand, the buyer bears:<\/p>\n\n<ul>\n\t<li>Costs of import procedures: customs, taxes, import and transit licenses, import security clearance and costs of obtaining all official licenses;<\/li>\n\t<li>The costs of obtaining any official permission;<\/li>\n\t<li>Costs to obtain documents or equivalent electronic forms required by the buyer when importing or transiting the goods;<\/li>\n\t<li>Costs related to the goods from the time they are delivered to the ship;<\/li>\n\t<li>Any additional costs if the buyer fails to notify the seller of the delivery time or destination;<\/li>\n\t<li>Cost of inspecting goods before delivery (expected when authorities of the exporting country require inspection);<\/li>\n\t<li>Unloading costs, unless the contract of carriage stipulates otherwise.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>Buyer receives goods.<\/li>\n\t<li>He must carry out and pay for import clearance.<\/li>\n\t<li>He obtains the necessary documents for import and transit.<\/li>\n\t<li>The buyer assists the seller, at his request, risk and expense, in obtaining any documents necessary for export procedures.<\/li>\n\t<li>He informs the seller about the location and date of delivery.<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-4.jpg\" \/><\/p>\n\nDAP &ndash; Delivery to your door<\/strong><\/p>\n\nDelivery at location means the seller delivers the goods &ndash; and passes the risk &ndash; to the buyer:<\/p>\n\n<ul>\n\t<li>When the goods are placed at the disposal of the buyer;<\/li>\n\t<li>On arrival the transport vehicle is ready for unloading;<\/li>\n\t<li>At the named destination;<\/li>\n\t<li>At the agreed location within that location, if any point is agreed upon.<\/li>\n<\/ul>\n\nThe seller bears all risks involved in bringing the goods to the named place of destination or to the agreed point at that place. Therefore, in these Incoterms rules, delivery and arrival at destination are the same.<\/p>\n\nThis rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.<\/p>\n\nThe parties should specify the place or destination as clearly as possible and this is for several reasons. Firstly, the risk of loss or damage to the goods passes to the buyer at that point of delivery\/destination - and it is best for the seller and buyer to be clear about the point at which that material transfer occurs. go out. Second, the costs before that place or delivery point\/destination are borne by the seller and the costs after that place or delivery point are borne by the buyer. Third, the seller must contract or arrange for the carriage of the goods to the agreed place or delivery point\/destination. If he fails to do so, the seller will be in breach of his obligations under the DAP rules of Incoterms and will be liable to the buyer for any subsequent losses. So for example,<\/p>\n\nThe seller does not have to unload the goods from the arriving means of transport. However, if the seller incurs costs under the contract of carriage in connection with unloading the goods at the place of delivery\/destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed. other agreements between the parties.<\/p>\n\nIncoterms 2020 DAP requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear post-delivery import or transit customs clearance of imported or post-delivery goods through third countries, pay any import duties or carry out customs duties. perform any import customs formalities. Therefore, if the buyer does not organize import customs clearance, the goods will be stuck at the port or inland wharf in the destination country. Who bears the risk of any loss that may occur while the goods are detained at the port of entry in the destination country? The answer is that the buyer, delivery of which will not have yet taken place, ensures that the risk of loss or damage to the goods will lie with the buyer until carriage to a named inland point can be made. be continued. If this situation is to be avoided,<\/p>\n\nWhen using DAP Incoterms 2020, sellers get:<\/p>\n\n<ul>\n\t<li>All costs relating to the goods and their transportation until delivery (except costs to be borne by the buyer);<\/li>\n\t<li>Unloading costs may occur;<\/li>\n\t<li>Export customs clearance costs;<\/li>\n\t<li>Cost of providing documents related to transportation.<\/li>\n<\/ul>\n\nThe seller&#39;s obligations are presented below:<\/p>\n\n<ul>\n\t<li>The seller provides commercial invoices and other necessary documents in paper or electronic form.<\/li>\n\t<li>He delivers the goods ready for unloading at a specified location and within the specified time.<\/li>\n\t<li>He is responsible for damage or loss of the goods until they are delivered at the agreed time and place.<\/li>\n\t<li>The seller&#39;s obligation is to contract or organize transportation of the goods at the named destination at his own expense. If such location is not specified, the seller can choose the point most suitable for this purpose.<\/li>\n\t<li>The seller operates in accordance with all transport-related security requirements for transport to destination.<\/li>\n\t<li>The seller must carry out and pay for all export and transit customs clearance procedures as well as assist the buyer in import customs clearance.<\/li>\n\t<li>He must count and weigh the goods and, if necessary, pack them.<\/li>\n\t<li>He provides the buyer with documents authorizing the buyer to take over the goods.<\/li>\n\t<li>The seller is not obliged to sign an insurance contract.<\/li>\n<\/ul>\n\nBuyer loses:<\/p>\n\n<ul>\n\t<li>Costs related to signing a transportation contract;<\/li>\n\t<li>Any costs relating to the goods from the time of delivery and possible unloading costs;<\/li>\n\t<li>Import customs clearance costs;<\/li>\n\t<li>Possible costs incurred by the seller related to import procedures.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>The buyer pays the price of the goods as stipulated in the sales contract.<\/li>\n\t<li>He takes care of the delivery.<\/li>\n\t<li>The buyer must accept the documents provided by the seller to be allowed to receive the goods.<\/li>\n\t<li>He is responsible for damage or loss of the goods from the moment they are delivered.<\/li>\n\t<li>The buyer must carry out and pay for import customs clearance as well as assist the seller in export customs clearance.<\/li>\n\t<li>The buyer informs the seller of the named port\/place of delivery, type of means of transport and delivery date.<\/li>\n\t<li>The buyer is not obliged to draw up an insurance contract but must provide information for this purpose at the request of the seller.<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-5.jpg\" \/><\/p>\n\nDPU &ndash; Delivered at place of unloading<\/strong><\/p>\n\nDelivery at the point of discharge means that the seller delivers the goods &ndash; and passes the risk &ndash; to the buyer:<\/p>\n\n<ul>\n\t<li>When the goods, after unloading from the arriving means of transport, are placed at the disposal of the buyer at the named place of destination;<\/li>\n\t<li>The goods, after being unloaded from the arriving means of transport, shall be placed at the disposal of the buyer at the agreed point at that place, if any such point is agreed upon.<\/li>\n<\/ul>\n\nThe seller bears all risks involved in bringing the goods to and unloading them at the named place of destination. Therefore, in these Incoterms rules, delivery and arrival at destination are the same. DPU is the only Incoterms rule that requires the seller to unload the goods at the place of destination. Therefore, the seller must ensure that he can organize unloading at the designated location. If the parties wish for the seller not to bear the risks and costs of unloading then the DPU rule should be avoided and DAP should be used instead.<\/p>\n\nThis rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.<\/p>\n\nThe parties should specify the place or destination as clearly as possible and this is for several reasons. Firstly, the risk of loss or damage to the goods passes to the buyer at the point of delivery\/destination - and it is best for the seller and buyer to be clear about the point at which that material transfer occurs . Second, the costs before that place or delivery point\/destination are borne by the seller and the costs after that place or delivery point are borne by the buyer. Third, the seller must contract or arrange for the carriage of the goods to the agreed place or delivery point\/destination. If he fails to do so, the seller will be in breach of his obligations under this rule and will be liable to the buyer for any subsequent losses. For example, the seller will<\/p>\n\nIncoterms 2020 DPU requires the seller to clear customs for exported goods, if any. However, the seller is under no obligation to clear import customs or post-delivery transit through a third country, pay any import taxes or carry out any import customs formalities. Therefore, if the buyer does not organize import customs clearance, the goods will be stuck at the port or inland wharf in the destination country. Who bears the risk of any loss that may occur while the goods are detained at the port of entry in the destination country? The answer is the buyer: delivery will not yet take place, ensuring that the risk of loss or damage to the goods will lie with the buyer until carriage to a named inland point can be made. be continued. If, in order to avoid this situation, the parties intend that the seller clear customs for import of the goods,<\/p>\n\nWhen using DPU Incoterms 2020, the seller is responsible for:<\/p>\n\n<ul>\n\t<li>Export and transit costs (outside the importing country): customs, taxes, export and transit licenses, export security clearance and costs to obtain all official licenses;<\/li>\n\t<li>Costs for control activities, such as quality control, measuring, weighing, counting, and delivering appropriately labeled packaging;<\/li>\n\t<li>Costs related to transportation, transportation of goods until unloading and delivery to the buyer;<\/li>\n\t<li>Expenses necessary to obtain documents and information related to export and transit customs clearance;<\/li>\n\t<li>Costs related to signing a transportation contract.<\/li>\n<\/ul>\n\nThe main obligations of the seller are presented below:<\/p>\n\n<ul>\n\t<li>The seller must perform all obligations according to the delivery conditions specified in the contract. This means delivery of the goods together with the commercial invoice in accordance with the sales contract and other relevant documents.<\/li>\n\t<li>The seller is responsible for unloading the goods from the arriving means of transport and then delivering them by placing them at the disposal of the buyer at the place agreed in the contract.<\/li>\n\t<li>He connects the transportation of goods.<\/li>\n\t<li>He provides the buyer, at his own expense, with all the necessary documents to enable the buyer to take delivery of the goods.<\/li>\n\t<li>He assists the buyer at his request, risk and expense in obtaining any necessary documents for transit and import clearance procedures.<\/li>\n\t<li>The seller packages and marks the goods.<\/li>\n\t<li>He informs the buyer about problems related to the receipt of goods.<\/li>\n\t<li>He unloads the goods at the place of delivery.<\/li>\n<\/ul>\n\nBuyer bears:<\/p>\n\n<ul>\n\t<li>Cost of import procedures: customs, taxes, import licenses, import security clearance and costs to obtain all official licenses;<\/li>\n\t<li>Any additional costs incurred if the buyer does not fulfill the obligations stated in the contract;<\/li>\n\t<li>Costs required to obtain documents related to import customs clearance.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>The buyer assists the seller, at his request, risk and expense, in obtaining any documents necessary for export and transit clearance.<\/li>\n\t<li>He must carry out and pay for import clearance.<\/li>\n\t<li>He informs the seller in advance of all safety requirements related to transportation, the name of the vessel, the loading point and possible delivery dates within the period agreed in the contract.<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-6.jpg\" \/><\/p>\n\nDDP &ndash; Delivered Duty Paid<\/strong><\/p>\n\nDelivering duty paid means the seller delivers the goods to the buyer:<\/p>\n\n<ul>\n\t<li>When the goods are placed at the disposal of the buyer, cleared for import, on the arriving means of transport, ready for unloading, at the named place of destination or at an agreed place within that place, if Are any such points agreed upon?<\/li>\n<\/ul>\n\nThe seller bears all risks involved in bringing the goods to the named place of destination or to the agreed point at that place. Therefore, in these Incoterms rules, delivery and arrival at destination are the same.<\/p>\n\nThis rule can be used regardless of the mode of transport chosen and can also be used when using multiple modes of transport.<\/p>\n\nIncoterms 2020 DDP, with delivery taking place at destination and the seller responsible for payment of import duties and applicable taxes, is the Incoterms rule that imposes on the seller the maximum liability of all 11 rules. Incoterms rules.<\/p>\n\nThe parties should specify the place or destination as clearly as possible and this is for several reasons. Firstly, the risk of loss or damage to the goods passes to the buyer at that point of delivery\/destination - and it is best for the seller and buyer to be clear about the point at which that material transfer occurs. go out. Second, costs before that place or point of delivery\/destination are borne by the seller, including import customs clearance costs and costs after that place or point of delivery, which are not import costs. export, borne by the seller. buyer. Third, the seller must contract or arrange for the carriage of the goods to the agreed place or delivery point\/destination. If he fails to do so, the seller is in breach of his obligations under the DDP rule of Incoterms and will be liable to the buyer for any subsequent loss. So, for example, the seller will be responsible for any additional costs the mover charges the buyer for any additional shipping costs.<\/p>\n\nIf the PDD seller incurs costs under the contract of carriage in connection with unloading the goods at the place of delivery\/destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed. between parties.<\/p>\n\nDDP requires the seller to clear the goods for export, if applicable, as well as for import and pay any import duties or carry out any customs formalities. Therefore, if the seller cannot complete import customs clearance procedures and wants to assign it to the buyer in the import customs clearance country, then assign it to the buyer. There may be tax implications which may not be recoverable from the buyer.<\/p>\n\nWhen using DDP Incoterms 2020, the seller will:<\/p>\n\n<ul>\n\t<li>All costs for control activities (quality checking, measuring, weighing goods);<\/li>\n\t<li>Costs for all procedures related to customs, export, import and transit procedures. If import clearance fees cannot be paid and want to leave it to the buyer, the seller should consider Incoterms DAP or DPU;<\/li>\n\t<li>Unloading costs at destination if stated in the contract of carriage (the seller has no right to recover these charges unless the parties agree otherwise);<\/li>\n\t<li>Delivery costs;<\/li>\n\t<li>Fees payable by the buyer in connection with assistance in providing transport-related documents.<\/li>\n<\/ul>\n\nThe main obligations of the seller are presented below:<\/p>\n\n<ul>\n\t<li>The seller is obliged to deliver the goods and all necessary documents to the mutually agreed location and on a specified date (documents can be in paper or electronic form).<\/li>\n\t<li>He must properly package and label the goods so that they can be transported (unless the parties have agreed otherwise in advance).<\/li>\n\t<li>The seller must provide the buyer with all necessary information\/documents to enable the buyer to receive the goods.<\/li>\n<\/ul>\n\nBuyer gets:<\/p>\n\n<ul>\n\t<li>Product cost according to sales contract;<\/li>\n\t<li>Costs related to goods after delivery;<\/li>\n\t<li>Unloading costs (unless these costs have been charged by the seller under the contract of carriage);<\/li>\n\t<li>Any additional costs incurred by the seller if the buyer fails to comply with its obligation to assist in obtaining the necessary documents or if the buyer fails to notify the exporter of the time and place of delivery.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>He is obliged to collect the goods.<\/li>\n\t<li>The buyer is obliged to assist the seller (at his request) in collecting all documents related to import, export and transit.<\/li>\n\t<li>If the two parties agree that the buyer is obliged to determine the time and place of delivery, the seller must also notify the seller in advance.<\/li>\n<\/ul>\n\nBut:<\/p>\n\nThe buyer is not obliged to conclude an insurance contract but must provide the seller (at his request) with the necessary information to purchase insurance.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-7.jpg\" \/><\/p>\n","image_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020.jpg?t=1697079679","image_thumb_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/thumb_images\/news\/tat-tan-tat-ve-incoterms-2020.jpg?t=1753051403","tags":["ALL ABOUT INCOTERMS 2020 PART 1"],"count_view":636,"seo_name":"all-about-incoterms-2020-part-1","date_update":1696992684,"date_created_format":1697001361,"meta_title":"","meta_desc":"","meta_keyword":"","qr_code":"https:\/\/www.greenocean.vn\/all-about-incoterms-2020-part-1","title_page":"News","relate_object_id":608536,"company_logo":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/files\/LOGO%20X%C3%93A%20PHONG%20M%E1%BB%9AI%20NH%E1%BA%A4T.png","company_name":"GREEN OCEAN EXPORT IMPORT COMPANY LIMITED","company_email":"info@greenocean.vn","company_phone":"(+84)28 99 96 97 98","company_address":"257\/3 Street 11, Linh Xuan Ward, Ho Chi Minh City, Vietnam","company_fax":"","date_now":1760680527,"company_tags":["GREEN OCEAN","GO","go","green","ocean","logistics"],"search_keyword":null,"facebook_comment":"https:\/\/www.greenocean.vn\/all-about-incoterms-2020-part-1","breadscrumb":[{"url":"https:\/\/www.greenocean.vn","name":"Home page","icon":"","active":false},{"url":"https:\/\/www.greenocean.vn\/tin-tuc","name":"News","icon":"","active":false},{"url":"https:\/\/www.greenocean.vn\/news-in-the-profession","name":"NEWS IN THE PROFESSION","icon":"","active":true}],"list_products_tmp":[],"list_section":[{"id":331338,"name":"SECTION-166080","seo_name":"#w30s-section-331338","url":"#w30s-section-331338"},{"id":331339,"name":"SECTION-166081","seo_name":"#w30s-section-331339","url":"#w30s-section-331339"},{"id":331343,"name":"SECTION-110199","seo_name":"#w30s-section-331343","url":"#w30s-section-331343"},{"id":331361,"name":"SECTION-166666","seo_name":"#w30s-section-331361","url":"#w30s-section-331361"},{"id":331342,"name":"SECTION-166632","seo_name":"#w30s-section-331342","url":"#w30s-section-331342"},{"id":331340,"name":"SECTION-166082","seo_name":"#w30s-section-331340","url":"#w30s-section-331340"}],"type_page":7,"id_page":178916,"widget_8550260":{"content_data":{"content":"Email"}},"widget_8550265":{"content_data":{"content":"Hotline"}},"widget_8550270":{"content_data":{"content":"Tìm kiếm"}},"widget_8550271":{"content_data":{"content":"Tìm kiếm"}},"widget_8550274":{"content_data":{"content":""}},"widget_8550272":{"content_data":[]},"widget_8550275":{"content_data":{"content":"REQUESTS QUOTES"}},"widget_8550277":{"content_data":{"content":"Yêu thích"}},"widget_8550278":{"content_data":[]},"widget_8550280":{"content_data":{"content":""}},"widget_8550281":{"content_data":{"content":"search"}},"widget_8550285":{"content_data":{"content":"Language"}},"widget_8550287":{"content_data":[{"id":44772,"title":"American","code":"us","is_expires":false,"is_active":1},{"id":44771,"title":"Viet Nam","code":"vn","is_expires":false,"is_active":0}]},"widget_8550320":{"content_data":{"content":"Button"}},"widget_8550764":{"content_data":{"content":"REQUESTS QUOTES"}},"widget_8550775":{"content_data":{"content":"Send<\/span>"}},"widget_8550778":{"content_data":{"content":"DANH MỤC tin tức"}},"widget_8550781":{"content_data":{"content":"VIDEO VỀ TRANSIDA"}},"widget_8550784":{"content_data":{"content":"New Posts"}},"widget_8550776":{"content_data":{"content":"Reset Form<\/span>"}},"widget_8550799":{"content_data":{"content":"Buy"}},"widget_8550803":{"content_data":{"content":"Tin tức liên quan"}},"widget_8550804":{"content_data":[{"id":608554,"name":"WHAT ARE DEM, DET AND STORAGE CHARGE? HOW TO DISTINGUISH THESE TYPES OF FEES?","desc":"","content":"DEM, DET, STORAGE CHARGE are terms commonly used in the field of import and export and are also often used in freight transportation. However, not everyone can clearly understand and distinguish them. Therefore, in this article, Green Ocean wants to provide you with the necessary information to help you have a clearer overview of these 3 types of fees. \nDEM &ndash; Demurrage: This is the cost of storing the entire container (with goods) at the port yard.<\/p>\n\nCollected by shipping lines.<\/p>\n\nCases that arise:<\/p>\n\n+ For imported goods: DEM exemption period depends on each ship, calculated from the date the ship arrives at the port. After this period, DEM fees will begin to be charged.<\/p>\n\n+ Export goods: The shipping company will give you time to bring the packed container to the storage port. The detention exemption period is calculated from the date the container is unloaded at the yard. If after this time the container is still not exported, you must pay an additional DEM fee (this usually happens when the ship misses a trip and has to make another trip).<\/p>\n\nDET &ndash; Detention: Cost of storing containers at the customer&#39;s private warehouse<\/p>\n\nCollected by shipping lines.<\/p>\n\nCases that arise:<\/p>\n\n+ Imported goods: DET exemption period depends on each ship, calculated from the date the container leaves the port. Shipping lines will take time to collect goods from the port to the warehouse and then return empty containers to the port. If this period is exceeded, additional DET fees must be paid. In case you unload the goods from the container at the port yard, this fee will not be charged (often called &quot;dumping&quot;).<\/p>\n\n+ Exported goods: Calculated from the date the shipping company authorizes to pick up the container corresponding to the date you pick up the container. If you pick up the container early, you will have to pay a fee. If you pick up the container later, you will not be charged this fee.<\/p>\n\nStorage fee: Container storage fee at port yard (Storage fee)<\/p>\n\nDue to port collection,<\/p>\n\nCase arises:<\/p>\n\n+ Imported goods: subject to DEM fee. After DEM fees are incurred, storage fees will also be incurred. The first 5 days are usually exempted, the first day is the day the ship arrives at port, from the 6th day a fee will be charged.<\/p>\n\n+ Outbound shipping: Occurs in cases where the container has been transported for a predetermined trip but for some reason cannot go and must be transferred to another trip.<\/p>\n\nSome note:<\/p>\n\nThere are 2 types of time regulations DEM - DET:<\/p>\n\n+ Separate DEM time and DET time<\/p>\n\n+ Combined. For example: 14 days combined<\/p>\n\nDepending on each shipping company, DEM and DET fees will be different.<\/p>\n\nFree time for DEM, DET, STORAGE CHARGE includes holidays, Saturdays and Sundays. Only in special cases is there flexibility for customers.<\/p>\n\nIn some cases, you can apply for an additional free term for DEM and DET such as: the shipping company has a free policy, the monthly volume of customers is high, the relationship with the shipping company, ...<\/p>\n\nRegardless of the conditions in the incoterm when importing\/exporting goods, it is necessary to clearly understand the free time of DEM and DET, STORAGE CHARGE at the loading and unloading port to avoid incurring unfortunate fees.<\/p>\n\nEpilogue<\/p>\n\nAbove is the content about DEM, DET, STORAGE CHARGE fees. Hopefully the knowledge we share above will help you.<\/p>\n\nIf you have any questions about import-export operations or need further advice, please leave a comment below or contact us via information channels, we will be happy to answer.<\/p>\n","image_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/files\/pexels-chanaka-906494.jpg?t=1753051410","image_thumb_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/thumb_files\/pexels-chanaka-906494.jpg?t=1753051395","tags":["WHAT ARE DEM","DET AND STORAGE CHARGE? HOW TO DISTINGUISH THESE TYPES OF FEES?"],"count_view":1317,"seo_name":"what-are-dem-det-and-storage-charge-how-to-distinguish-these-types-of-fees","date_update":1696992684,"date_created_format":1697010341,"meta_title":"","meta_desc":"","meta_keyword":"","qr_code":"https:\/\/www.greenocean.vn\/what-are-dem-det-and-storage-charge-how-to-distinguish-these-types-of-fees"},{"id":608552,"name":"REMEMBER 6 RULES FOR APPLYING HS CODE IN CUSTOMS PROCEDURES","desc":"In the field of import and export, HS code is a very commonly used term. Documents related to customs procedures and transportation of goods such as customs declarations, bills of lading, certificates of origin and invoices all contain this HS code. However, not everyone understands it clearly.<\/p>\n","content":"In the field of import and export, HS code is a very commonly used term. Documents related to customs procedures and transportation of goods such as customs declarations, bills of lading, certificates of origin and invoices all contain this HS code. However, not everyone understands it clearly. The following article by Van Hai will provide detailed information to help readers better understand the HS code.<\/p>\n\n1. What is HS code?<\/p>\n\nHS code or HS code, is a code used to classify import and export goods according to the Classification System released by the World Customs Organization. This system is called &quot;Harmonized Commodity Description and Coding System&quot; (HS - Harmonized Commodity Description and Coding System).<\/p>\n\nSimply put, HS code is the code that classifies goods according to the Import-Export List. Based on this code, you can know the import or export tax, and other policies related to goods (such as product policies, risk management...). So, when you know the product&#39;s HS code, you can calculate the tax rate to pay for your goods along with related procedures.<\/p>\n\nIn fact, if you have ever gone through customs clearance procedures, you will know that if you use the wrong HS code, it will lead to many consequences such as: editing the declaration, making additional payments or having to apply for a tax refund or customs clearance. Delayed than expected,&hellip;<\/p>\n\nhs code is used to classify import and export goods<\/p>\n\n2. The importance of HS code<\/p>\n\nHS codes are an important tool for the Government in identifying types of imported and exported goods to fulfill tax collection and other obligations, as well as enforce domestic laws and international treaties. In addition, the HS Code also supports the analysis of micro and macro strategies and international trade negotiations.<\/p>\n\nFor businesses, the correct use of HS Code ensures compliance with domestic and international laws. If classified incorrectly, businesses will encounter many difficulties in delivery and inspection, as well as risk being fined and incurring costs. On the contrary, if goods are classified correctly with HS Code, businesses will enjoy many benefits from free trade agreements.<\/p>\n\n3. The role of HS code in import and export<\/p>\n\nUsing HS codes with 8 or 10 numbers to represent goods helps all countries in the world classify goods systematically and uniformly. The customs terminology and language system also helps related parties understand each other, avoiding trade disputes due to misclassification of goods due to local language differences.<\/p>\n\nFor example, Southerners call sunshades &quot;Hats,&quot; while Northerners call them &quot;Hats.&quot; However, in the UK and US, it is called &ldquo;Hat.&rdquo; If commercial contracts are disputed due to language differences, it is difficult to establish laws to resolve them.<\/p>\n\nIn addition, identifying goods according to HS codes also helps simplify the work of relevant organizations and individuals. Agreement and implementation of trade agreements become more favorable.<\/p>\n\nHS codes are also the basis for customs authorities, tax authorities and chambers of commerce to license whether goods can be imported or exported. HS codes identify types of imported and exported goods to facilitate tax collection and imposition, and at the same time make statistics on domestic trade and import and export possible.<\/p>\n\n4. Structure of HS code<\/p>\n\nThe list of Vietnam&#39;s import and export goods is specified in Circular No. 65\/2017\/TT-BTC dated June 27, 2017 of the Ministry of Finance determining Vietnam&#39;s HS code includes 8 numbers:<\/p>\n\nHS code is used internationally, consisting of 8-10 characters. The HS code is divided into the following parts:<\/p>\n\nPart: The HS code consists of 21 or 22 parts, each part has its own legend.<\/p>\n\nChapter: HS code includes 97 chapters. Of these, chapters 98 and 99 are specific to each country. Each chapter has its own annotation. The first two characters provide a general description of the goods.<\/p>\n\nGroup: divide products into general groups, including 2 characters.<\/p>\n\nSubgroup: divided from a more general group, consisting of 2 letters.<\/p>\n\nSubgroup: includes 2 characters. Sub-headings are specified by each country to determine export duties.<\/p>\n\ncau-truc-hs-code<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/ghi-nho-6-quy-tac-ap-ma-hs-trong-thu-tuc-hai-quan-1.jpg\" \/><\/p>\n\nNote: The first Section, Chapter, Group, and Subheading includes 6 numbers and is national, but the subheadings depend on each country.<\/p>\n\nTo know the HS code of each country, pay special attention to the Grouping and Subgrouping sections. Currently, Vietnam is applying an 8-digit HS code, while some other countries in the world may use a 10 or 12-digit HS code.<\/p>\n\nFor example: HS code of instant coffee is 2101.20.90, including 6 digits divided into 3 groups. Analyze the structure of this code as follows:<\/p>\n\n21: Is the code of the group of goods in the HS list, called &quot;Chapter&quot;. 21 is the chapter on the commodity group &quot;Products of the food industry; beverages, liquids and powders containing alcohol&rdquo;.<\/p>\n\n01.20: Is the code of &ldquo;Item&rdquo; in the HS list, describing in more detail the type of goods. 01.20 is the entry for &ldquo;Coffee, including instant coffee and coffee extract&rdquo;.<\/p>\n\n90: This is the &quot;Sub-code&quot; code in the HS category, providing additional information about the commodity group. 90 is often used to designate similar products that do not clearly fall within the HS category.<\/p>\n\n5. Rules for applying HS code<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/ghi-nho-6-quy-tac-ap-ma-hs-trong-thu-tuc-hai-quan-2.jpg\" \/><\/p>\n\nRule 1: Chapter notes and product identification.<\/p>\n\nThe names of sections, chapters and subchapters only assist us in determining which part and chapter the product belongs to and have no legal value in classifying goods. However, this name cannot describe all the products included in that chapter. Therefore, to classify products, we need to rely on annotations and product grouping.<\/p>\n\nThe caption of each chapter is the most important determining factor in classifying the goods in that chapter. This is very important and will be applied in all subsequent rules. We must check section and chapter legends to ensure products are classified correctly.<\/p>\n\nFor example: Find the HS code of Sony 55 inch TV<\/p>\n\nStep 1: Area shaping: Can be applied to chapter 85: Machinery, electronic equipment and their parts<\/p>\n\nStep 2: Read the legend of that area: The legend of chapter 85.g allows determining the HS code of a 55-inch Sony TV<\/p>\n\nStep 3: Look up the code according to the identifier or the clearest specific explanation in the subgroup. The TV belongs to group 8528, so the HS code of Sony 55 inch TV will be: 85287219.<\/p>\n\nRule 2: Unfinished products and compounds are in the same group<\/p>\n\nRule 2a: The product is not complete<\/p>\n\nIf a product is unfinished, lacking some parts but has the same features and functions as the finished product, it will be classified in the same product code as the finished product.<\/p>\n\nExample 1: A bicycle missing wheels would still be subject to the bicycle product code if the wheels were disassembled and would be reassembled later.<\/p>\n\nThus, a product that has detachable parts and those parts can be assembled to form a complete product, the product code of the complete product will still be applied.<\/p>\n\nExample 2: Even if each part of a vehicle is removed to facilitate transportation, the vehicle&#39;s HS code is still determined.<\/p>\n\nA blank is a product that is not yet ready for use and is usually similar in appearance to the finished product. They are used solely for finishing the finished product.<\/p>\n\nRule 2b: Mixtures, compounds of raw materials or substances<\/p>\n\nA product is classified according to this rule only if it is a mixture of raw materials and substances.<\/p>\n\nIf a mixture or compound of materials or substances is in the same group, it is classified in that group.<\/p>\n\nIf a mixture or compound of materials or substances is in different groups, it will be coded based on the most basic substance of the mixture.<\/p>\n\nFor example: A packet of instant coffee is a mixture of substances such as coffee, sugar and milk. Therefore, to classify this mixture, we will apply the most basic substance code, coffee.<\/p>\n\nRule 3: Goods at first glance belong to many groups<\/p>\n\nRule 3a<\/p>\n\nGoods groups with the most detailed descriptions will be given priority over groups with general descriptions when classifying products.<\/p>\n\nExample 1: Brewing mixture includes 60% wheat (HS code 1001), 30% barley (HS code 1003), and 10% additives. This beer product will be classified with HS code 1001.<\/p>\n\nExample 2: A belt is made from leather on the top, plastic on the bottom, and has an aluminum clasp. Because leather makes belts softer and more elastic, and has a higher value than plastic, this product can be classified with HS code 4203 (leather garments and clothing accessories).<\/p>\n\nRule 3b<\/p>\n\nIn cases where it is not possible to classify mixed goods according to rule 3a, we can classify them according to raw materials or constituent parts.<\/p>\n\nFor example: The set of hair care products includes: Electric curling irons, combs, hair pins. We realize that the Electric Hair Curling Clip has the most special features, so we will apply the HS code of this product to the entire product set.<\/p>\n\nRule 3c<\/p>\n\nIf Rule 3(a) or 3(b) is not applicable, Rule 3(c) shall be used to classify the goods. According to this Rule, goods will be classified in the last group in the list of groups considered for classification.<\/p>\n\nFor example: Suppose we have a repair product set including Screwdriver, Pliers and Wrench.<\/p>\n\nAfter looking up the customs codes (HS) for each product, we notice that Co Le&#39;s HS code is in the last order in the list of HS codes considered. Therefore, to classify the repair product set, we will apply the HS code of the Wrench product to the entire repair product set.<\/p>\n\nRule 4: Classify according to the most similar goods<\/p>\n\nGoods that cannot be classified according to the rules set out above shall be classified in the group of goods most similar to them.<\/p>\n\nThis rule requires comparing goods intended to be classified with similar goods that have already been classified to determine the most similar group of goods. Factors determining similar goods include the description, characteristics, nature and intended use of the goods. After that, the goods intended to be classified will be classified into the group most similar to the same goods to apply the appropriate HS code.<\/p>\n\nRule 5: Containers and packaging<\/p>\n\nRule 5a: Boxes, bags, bags and similar containers<\/p>\n\nSimilar bags, bags, boxes, suitable or specially shaped to contain a specified product or set of products, can be used for a long time and accompany the product when sold, are classified along with the product inside.<\/p>\n\nFor example: A bag used to carry a guitar will have the HS code applied along with the guitar.<\/p>\n\nRule 5b: Packaging<\/p>\n\nThis rule only applies to the classification of types of packaging commonly used to package and contain goods, including products imported with goods such as plastic bags, carton boxes, etc. However, the rule This does not apply to reusable metal packaging.<\/p>\n\nFor example: Gas HS codes cannot be applied to steel gas containers (cans that can be reused many times) but must be classified according to separate codes.<\/p>\n\nRule 6: Explain how to classify and compare correctly. \nClassification of goods into subheadings of a group must ensure compliance with the content of each subheading, conformity with subheading notes and conformity with relevant chapter notes.<\/p>\n\nTo compare a product across different groups or subgroups, make sure you are comparing at the same level.<\/p>\n\nSo Van Hai has clarified what the HS code is? Rules for applying hs code and other related information. Hope the article is useful for your work and study.<\/p>\n","image_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/images\/news\/ghi-nho-6-quy-tac-ap-ma-hs-trong-thu-tuc-hai-quan-2.jpg?t=1697009181","image_thumb_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/thumb_images\/news\/ghi-nho-6-quy-tac-ap-ma-hs-trong-thu-tuc-hai-quan-2.jpg?t=1753051403","tags":["REMEMBER 6 RULES FOR APPLYING HS CODE IN CUSTOMS PROCEDURES"],"count_view":1033,"seo_name":"remember-6-rules-for-applying-hs-code-in-customs-procedures","date_update":1696992684,"date_created_format":1697009849,"meta_title":"","meta_desc":"","meta_keyword":"","qr_code":"https:\/\/www.greenocean.vn\/remember-6-rules-for-applying-hs-code-in-customs-procedures"},{"id":608601,"name":"ALL ABOUT INCOTERMS 2020 PART 2","desc":"Incoterms 2020 are divided into 4 groups (C, D, E, F). Regulations are classified according to fees, risks, procedural responsibilities as well as issues related to import and export.<\/p>\n","content":"FAS &ndash; Free next to the train<\/strong><\/p>\n\nFree Side Ship means the seller delivers the goods to the buyer:<\/p>\n\n<ul>\n\t<li>When the goods are placed alongside the vessel (for example on a wharf or barge), nominated by the buyer, at the named port of loading or when the seller purchases the goods so delivered.<\/li>\n<\/ul>\n\nThe risk of loss or damage to the goods passes when the goods are alongside the vessel and the buyer must bear all costs from that point onwards.<\/p>\n\nThis rule is only applicable to sea or inland waterway transport where the parties intend to deliver the goods by placing them alongside the ship. Therefore, the FAS rules are not appropriate where the goods are delivered to the carrier before they are delivered alongside the ship, for example when the goods are delivered to the carrier at the container terminal. In this case, parties should consider using the FCA rules instead of the FAS rules.<\/p>\n\nThe Parties should identify as clearly as possible the loading point at the named port of loading where the goods will be transferred from the wharf or barge to the vessel as the costs and risks of reaching that location are the responsibility of the Party. seller and these costs and associated handling fees may vary depending on port practices.<\/p>\n\nIncoterms 2020 FAS requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear customs for import or transit through a third country, pay any import taxes or carry out any import customs formalities.<\/p>\n\nUsing FAS, the seller is responsible for:<\/p>\n\n<ul>\n\t<li>Export procedure costs: customs, taxes, export authorization, export security clearance and costs to obtain all official licenses;<\/li>\n\t<li>The cost of providing the buyer with evidence that the goods have been delivered according to the contract;<\/li>\n\t<li>Costs related to the transportation of goods until delivery;<\/li>\n\t<li>Costs for control activities such as quality control, measuring, weighing, counting, and delivering appropriately labeled packaging.<\/li>\n<\/ul>\n\nThe seller&#39;s obligations are presented below:<\/p>\n\n<ul>\n\t<li>The seller must perform all obligations according to the delivery conditions specified in the contract. This means delivery of the goods together with the commercial invoice in accordance with the sales contract and other relevant documents.<\/li>\n\t<li>He delivers the goods by placing them alongside the ship within the time previously specified and at the named port nominated by the buyer.<\/li>\n\t<li>He notifies the buyer in advance about the delivery.<\/li>\n\t<li>He himself provides documents confirming delivery to the buyer. If the evidence is a transport document, the seller must assist the buyer, at the buyer&#39;s request, risk and expense, in obtaining that document.<\/li>\n\t<li>The seller assists the buyer at the buyer&#39;s request, risk and expense in obtaining any necessary documents for transit and import clearance procedures.<\/li>\n\t<li>He packs and marks the goods.<\/li>\n\t<li>He acts according to all requirements related to transportation until delivery of goods to the buyer.<\/li>\n<\/ul>\n\nOn the other hand, the buyer bears:<\/p>\n\n<ul>\n\t<li>Costs of import and transit procedures: customs, taxes, import licenses, import security clearance and costs of obtaining all official licenses;<\/li>\n\t<li>Costs to obtain a contract of carriage;<\/li>\n\t<li>Any additional costs if the buyer fulfills his obligations;<\/li>\n\t<li>Costs related to signing a transportation contract.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are set out below:<\/p>\n\n<ul>\n\t<li>He contracts for carriage from the named port of loading, intended from where the seller contracts for carriage (at the buyer&#39;s expense and risk).<\/li>\n\t<li>He assists the seller, at his request, risk and expense, in obtaining any documents necessary for export clearance.<\/li>\n\t<li>The buyer must notify the seller in advance of all safety requirements relating to carriage, name of vessel, loading point and delivery date within the period agreed in the contract.<\/li>\n<\/ul>\n\nFOB &ndash; Free on board<\/strong><\/p>\n\nDelivery on board means the seller delivers the goods to the buyer:<\/p>\n\n<ul>\n\t<li>Board the vessel, nominated by the buyer, at the named port of loading or purchase the goods so delivered.<\/li>\n<\/ul>\n\nThe risk of loss or damage to the goods passes once the goods are on board and the buyer must bear all costs from that point onwards.<\/p>\n\nThis rule is only applicable to sea or inland waterway transport where the parties intend to deliver the goods by placing them on board the vessel. Thus, the FOB rule is not appropriate when the goods are delivered to the carrier before they board the ship, for example when the goods are delivered to the carrier at the container terminal. In this case, the parties should consider using FCA rules instead of FOB rules.<\/p>\n\nFOB requires the seller to complete export customs clearance procedures, if any. However, the seller is under no obligation to clear customs for import or transit through a third country, pay any import taxes or carry out any import formalities.<\/p>\n\nUsing Incoterms 2020 FOB, the seller bears the costs of:<\/p>\n\n<ul>\n\t<li>Export customs clearance;<\/li>\n\t<li>Regarding delivery to ship;<\/li>\n\t<li>Related to damage to goods before loading onto the ship.<\/li>\n<\/ul>\n\nThe main obligations of the seller are presented below:<\/p>\n\n<ul>\n\t<li>The seller must deliver the goods on board the vessel at the place specified by the buyer. He must also bear the related costs.<\/li>\n\t<li>He is allowed to export the product.<\/li>\n\t<li>The seller must take full responsibility for any damage to the goods before loading them on board the ship.<\/li>\n\t<li>He informs the buyer that the goods have been delivered on board the ship.<\/li>\n\t<li>He gives out sales notes.<\/li>\n\t<li>The seller is responsible for export customs clearance and related costs.<\/li>\n<\/ul>\n\nOn the other hand, the buyer must bear the costs of:<\/p>\n\n<ul>\n\t<li>Regarding the signing of transportation contracts;<\/li>\n\t<li>Regarding import issues;<\/li>\n\t<li>Import customs clearance;<\/li>\n\t<li>Involves damage or theft of goods after loading on board the ship.<\/li>\n<\/ul>\n\nThe main obligations of the buyer are set out below:<\/p>\n\n<ul>\n\t<li>The buyer is responsible for any damage to the goods and theft after the goods have been loaded on board the vessel.<\/li>\n\t<li>He bears the costs related to the conclusion of transport contracts and import matters.<\/li>\n\t<li>He will inform the seller of the named port, ship name and delivery date.<\/li>\n\t<li>He organizes import customs clearance and bears the related costs.<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-8.jpg\" \/><\/p>\n\nCFR - Costs and Freight<\/strong><\/p>\n\nCost and freight means the seller delivers the goods to the buyer<\/p>\n\n<ul>\n\t<li>On the train<\/li>\n\t<li>Or purchase goods that have been delivered as such.<\/li>\n<\/ul>\n\nThe risk of loss or damage to the carriage of goods once on board the vessel, where the seller is deemed to have fulfilled his obligation to deliver whether or not the goods actually arrive at destination is in good condition, in the quantity stated or, indeed, at all. In the CFR, the seller has no obligation to the buyer to obtain insurance: the buyer should therefore purchase some insurance for himself.<\/p>\n\nCFR Incoterms 2020 rules are used only for sea or inland waterway transport. When multiple modes of transport are used, which is often the case when the goods are delivered to the carrier at the container terminal, the appropriate rule to use is CPT rather than CFR.<\/p>\n\nIn CFR, two ports are important: the port where the goods are delivered on board the ship and the agreed port as the destination of the goods. Risk is transferred from the seller to the buyer when the goods are delivered to the buyer by placing them on board the vessel at the port of shipment or purchasing the goods so delivered. However, the seller must contract to transport the goods from the place of delivery to the agreed location. So, for example, goods are loaded onto a ship in Shanghai (which is a port) for transport to Southampton (also a port). Delivery here takes place when the goods are loaded on board the vessel in Shanghai, risk passing to the buyer at that time; and the seller must contract for transportation from Shanghai to Southampton.<\/p>\n\nAlthough the contract will always specify the port of destination, it may not specify the port of delivery, which transfers risk to the buyer. If the port of shipment is of particular interest to the buyer, for example where the buyer wants to be sure that the freight element in the price is reasonable, the parties should specify it as precisely as possible in the contract.<\/p>\n\nThe parties should determine as accurately as possible the location at the named port of destination because the costs of reaching that location are for the seller&#39;s account. The seller must make a contract or contracts of carriage providing for the carriage of the goods from the place of delivery to the named port or to an agreed point within that port, where such point has been agreed in the purchase contract. sell.<\/p>\n\nIt is possible that transport is carried out through several carriers for different sea transport legs, for example, first by a carrier operating a feeder vessel from Hong Kong to Shanghai, then Board a cruise ship from Shanghai to Southampton. The question here is whether the risk is transferred from the seller to the buyer in Hong Kong or Shanghai: where does the delivery take place? The parties may have agreed on this right in the sales contract. However, in the absence of such an agreement the default position is that risk passes when the goods are delivered to the first carrier, i.e. Hong Kong, thereby increasing the time within which the buyer must bear the risk of loss or damage. If the parties wish to transfer risk at a later stage (here in Shanghai), they need to clearly state this in their sales contract.<\/p>\n\nIf the seller incurs costs under the contract of carriage in connection with unloading the goods at the named place at the port of destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed. between parties.<\/p>\n\nThe CFR requires the seller to clear the goods for export, if applicable. However, the seller is under no obligation to clear customs for import or transit through a third country, pay any import taxes or carry out any import customs formalities.<\/p>\n\nWhen using Incoterms 2020 CFR, the seller is responsible for:<\/p>\n\n<ul>\n\t<li>Tax costs in the country where the goods are produced;<\/li>\n\t<li>Port fees at departure port;<\/li>\n\t<li>Cost of transporting goods to port;<\/li>\n\t<li>Cost of applying for an export license;<\/li>\n\t<li>Customs duties and taxes in the country of departure;<\/li>\n\t<li>Expenses for checking the quality of goods, weighing, measuring, and counting necessary goods before loading goods onto the ship;<\/li>\n\t<li>Cost of providing transport documents issued to the port of destination and its electronic copy;<\/li>\n\t<li>Shipping costs must be paid by the seller according to the shipping contract;<\/li>\n\t<li>Security clearance costs for exported goods as well as packaging of goods safely and with appropriate labels.<\/li>\n<\/ul>\n\nThe main obligations of the seller are presented below:<\/p>\n\n<ul>\n\t<li>The seller is responsible for loading the goods at the point of origin of shipping.<\/li>\n\t<li>He must draw up a contract of carriage.<\/li>\n\t<li>The seller delivers the goods on board the vessel together with the commercial invoice at the place designated by the buyer and bears the costs related thereto.<\/li>\n\t<li>The seller controls the quality of goods, weighs, measures, and counts goods - necessary before loading goods onto the ship.<\/li>\n\t<li>He is responsible for safely packaging the goods required for transportation to avoid unnecessary risks.<\/li>\n\t<li>The seller operates in accordance with all transport-related security requirements for transport to destination.<\/li>\n\t<li>He provides the transport document issued to the destination port of the goods and a copy of that document in electronic form.<\/li>\n\t<li>He provides information to the buyer on the costs and risks necessary to obtain insurance.<\/li>\n<\/ul>\n\nBuyer bears:<\/p>\n\n<ul>\n\t<li>Tax costs in the destination country;<\/li>\n\t<li>Insurance costs during transportation;<\/li>\n\t<li>Transportation costs from home port to headquarters;<\/li>\n\t<li>Costs to obtain import licenses necessary for the transaction and costs related to import customs clearance;<\/li>\n\t<li>Customs fees in transit countries and destination countries;<\/li>\n\t<li>Charges arising from inspection of the goods before delivery, unless this is required in the country where the goods are being shipped;<\/li>\n\t<li>Cost of notifying the seller of the requested shipping date and destination port;<\/li>\n\t<li>All costs relating to transit, unless otherwise stated in the contract of carriage;<\/li>\n\t<li>Unloading costs, unless otherwise stated in the contract of carriage.<\/li>\n<\/ul>\n\nThe main obligations of the buyer are set out below:<\/p>\n\n<ul>\n\t<li>The buyer receives the goods at the time and place specified in the contract.<\/li>\n\t<li>He transports goods from the destination port to the main office and unloads the goods at the port.<\/li>\n\t<li>The buyer informs the seller of the port of destination and delivery date.<\/li>\n\t<li>The buyer obtains the necessary import licenses for the transaction and bears the costs of customs clearance.<\/li>\n\t<li>He must carry out control of the goods before transport (if this is required in the country where the goods are transported).<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-9.jpg\" \/><\/p>\n\nCIF &ndash; Cost and freight insurance<\/strong><\/p>\n\nCost and freight insurance means that the seller delivers the goods to the buyer on board or purchases the goods so delivered. Risk of loss or damage to the carriage of goods once on board the vessel, where the seller is deemed to have fulfilled his obligation to deliver even if the goods actually arrive at destination in the same condition. intact or not, in the stated quantity or, indeed, at all.<\/p>\n\nThis rule applies only to sea or inland waterway transport. When multiple modes of transport are used, which is often the case when the goods are delivered to the carrier at the container terminal, the appropriate rule to use is CIP rather than CIF.<\/p>\n\nIn Incoterms 2020 CIF, two ports are important: the port where the goods are delivered on board the vessel and the agreed port as the destination of the goods. Risk is transferred from the seller to the buyer when the goods are delivered to the buyer by placing them on board the vessel at the port of shipment or purchasing the goods so delivered. However, the seller must contract to transport the goods from the place of delivery to the agreed location. So, for example, goods are loaded onto a ship in Shanghai (which is a port) for transport to Southampton (also a port). Delivery here takes place once the goods have been loaded on board the vessel in Shanghai, the risk passing to the buyer at that time: and the seller must contract for carriage from Shanghai to Southampton.<\/p>\n\nAlthough the contract will always specify the port of destination, it may not specify the port of delivery, which transfers risk to the buyer. If the port of shipment is of particular interest to the buyer, for example where the buyer wants to be sure that the freight or insurance element in the price is reasonable, the parties should accurately identify that port as the port of delivery. row. Incoterms 2020 may be included in the contract \nThe parties should determine as accurately as possible the location at the named port of destination because the costs of reaching that location are for the seller&#39;s account. The seller must make a contract or contracts of carriage providing for the carriage of the goods from the place of delivery to the named port or to an agreed point within that port, where such point has been agreed in the purchase contract. sell.<\/p>\n\nIt is possible that the transport is carried out through a number of transits for different stages of ocean transport, for example, first by a carrier operating a feeder vessel from Hong Kong to Shanghai, then Then board a ship from Shanghai to Southampton. The question here is whether the risk is transferred from the seller to the buyer in Hong Kong or Shanghai: where does the delivery take place? The parties may have agreed on this right in the sales contract. However, in the absence of such an agreement the default position is that risk passes when the goods are delivered to the first carrier, i.e. Hong Kong, thereby increasing the time within which the buyer must bear the risk of loss or damage. If the parties wish to transfer risk at a later stage (here in Shanghai), they need to clearly state this in their sales contract.<\/p>\n\nThe seller must also contract insurance against the buyer&#39;s risk of loss or damage to the goods from the port of shipment to at least the port of destination. This can cause difficulties where the destination country requires insurance to be purchased locally: in this case the parties should consider purchasing under the CFR. Buyers should also note that under the Incoterms 2020 CIF regulations, the seller must purchase limited insurance in compliance with the Institute Goods Clauses or similar provisions, rather than having broader coverage under the Incoterms 2020 CIF regulations. Institute Goods Terms. However, it is still possible for the parties to agree on a higher insurance level.<\/p>\n\nIf the seller incurs costs under the contract of carriage in connection with unloading the goods at the named place at the port of destination, the seller is not entitled to recover those costs separately from the buyer unless otherwise agreed. between parties.<\/p>\n\nCIF requires the seller to complete export customs clearance procedures if applicable. However, the seller is under no obligation to clear customs for import or transit through a third country, pay any import taxes or carry out any import customs formalities.<\/p>\n\nUsing Incoterms 2020 CIF conditions, the seller bears the costs:<\/p>\n\n<ul>\n\t<li>Export clearance;<\/li>\n\t<li>Delivery to ship;<\/li>\n\t<li>Regarding the issuance and sending of commercial invoices;<\/li>\n\t<li>Apply for export licenses or other permits;<\/li>\n\t<li>Sign shipping contract;<\/li>\n\t<li>Insurance;<\/li>\n\t<li>Product packaging and marking;<\/li>\n\t<li>Providing information to the buyer (for example, the goods have been delivered on board);<\/li>\n\t<li>Quality control (measuring, weighing, counting).<\/li>\n<\/ul>\n\nThe seller&#39;s obligations are presented below:<\/p>\n\n<ul>\n\t<li>The seller is obliged to contract for carriage to the named port of loading at his own expense.<\/li>\n\t<li>He signed and paid the cost of the freight contract.<\/li>\n\t<li>The seller is responsible for loading the goods onto the vessel.<\/li>\n\t<li>The seller is obliged to conclude an insurance contract (with minimum insurance coverage) and deliver it to the buyer.<\/li>\n\t<li>He is responsible for export customs clearance and related costs.<\/li>\n<\/ul>\n\nOn the other hand, the buyer must bear the costs of:<\/p>\n\n<ul>\n\t<li>Inform the seller of the shipment date and destination port;<\/li>\n\t<li>Import licenses and other licenses;<\/li>\n\t<li>Import;<\/li>\n\t<li>Obtain documents (or equivalent electronic documents) necessary for the buyer to import or transit the goods;<\/li>\n\t<li>Not within the scope of the contract or not a freight charge but related to the goods in transit from the port of loading;<\/li>\n\t<li>Also, if the buyer does not notify the seller of the shipping time or destination.<\/li>\n<\/ul>\n\nThe buyer&#39;s obligations are shown below:<\/p>\n\n<ul>\n\t<li>The buyer is responsible for any damage or theft of the goods after they have been loaded on board the vessel.<\/li>\n\t<li>He is obliged to bear all necessary costs to obtain a certificate of origin, consular documents and import duty rates.<\/li>\n\t<li>He must inform the seller of the named port, the name of the vessel and the date of delivery.<\/li>\n\t<li>He organizes import customs clearance and bears all related costs.<\/li>\n\t<li>The buyer must obtain all necessary documents for import or transit.<\/li>\n<\/ul>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020-10.jpg\" \/><\/p>\n","image_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/images\/news\/tat-tan-tat-ve-incoterms-2020.jpg?t=1697079679","image_thumb_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/thumb_images\/news\/tat-tan-tat-ve-incoterms-2020.jpg?t=1753051403","tags":["ALL ABOUT INCOTERMS 2020 PART 2"],"count_view":827,"seo_name":"all-about-incoterms-2020-part-2","date_update":1696992684,"date_created_format":1697081354,"meta_title":"","meta_desc":"","meta_keyword":"","qr_code":"https:\/\/www.greenocean.vn\/all-about-incoterms-2020-part-2"},{"id":608535,"name":"TOP 10 LARGEST SEAPORTS IN VIETNAM","desc":"One of the strengths of the Vietnamese economy is the seaport system running along the country from North to South. So which port in Vietnam is the largest and which port is the deepest? Join Green Ocean to learn more about the 10 best seaports in Vietnam in this article.<\/p>\n","content":"One of the strengths of the Vietnamese economy is the seaport system running along the country from North to South. So which port in Vietnam is the largest and which port is the deepest? Join Green Ocean to learn more about the 10 best seaports in Vietnam in this article.<\/p>\n\n1. Hai Phong Port<\/p>\n\nBuilt by the French in 1874, Hai Phong port is now the most modern container port in Northern Vietnam. With facilities including advanced network systems, modern equipment technology, 200 surveillance cameras and information and human resource management systems, Hai Phong port is always a convenient location, ensuring safety and security. Suitable for international commercial transportation purposes.<\/p>\n\nCurrently, Hai Phong port includes 5 branches. The port area has 21 wharfs with a total length of 3,567m with a design depth in front of the wharf from -7.5m to -9.4m. The total container yard area at Chua Ve and Tan Vu port branches is 712,110 m2 and 3,300 m2 for CFS warehouse at Chua Ve port.<\/p>\n\nAs the seaport with the largest cargo traffic in Northern Vietnam, Hai Phong port has the ability to receive about 10 million tons\/year, of which Hoang Dieu Port branch accounts for nearly 60% of the cargo loaded and unloaded. At the same time, the largest ship size that can receive 40,000 DWT at Lan Ha transshipment area and the lowest is 700 DWT at Bach Dang floating wharf.<\/p>\n\nTowards the goal of stable and sustainable development, Hai Phong port is implementing the Dinh Vu Port investment project with 5 berths and increasing ship tonnage to 55,000 DWT and in the future with 100,000 DWT at Lach Huyen and other ports. investment in information technology infrastructure.<\/p>\n\n2. Vung Tau Port<\/p>\n\nThis is a port cluster with 4 areas including 10 large ports serving the needs of trade and oil and gas business in the Southeast region of Vietnam. At the same time, Vung Tau port is one of two international gateways in Vietnam.<\/p>\n\nOn April 10, the successful reception of the Yang Ming Wellhead ship with a tonnage of 160,000 tons and a carrying capacity of 14,000 TEU docked at Tan Cang - Cai Mep Thi Vai (CMTV) port, proving its handling capabilities and loading services. unloading container ships at CMTV port in particular and Vung Tau port in general.<\/p>\n\nAccording to the plan, in 2020, in addition to the four wharf areas of Cai Mep - Sao Mai, Ben Dinh, Phu My - My Xuan, Dinh River and Dam - Con Dao wharf area, Vung Tau port will expand two more wharf areas in Long Son. and Sao Mai - Ben Dinh serve the petrochemical industry and passenger transport.<\/p>\n\n3. Van Phong port<\/p>\n\nLocated close to international routes with the shortest distance across the Pacific Ocean compared to Hong Kong and Singapore, Van Phong port has the potential to become an international transshipment port in Vietnam.<\/p>\n\nThe Van Phong port construction project restarted at the end of 2009 and is planned to be completed in 2020 in two phases. As expected, the international transshipment port in Vietnam is capable of receiving 5 million TEU\/year, with 8 berths for container ships with a capacity of up to 12,000 TEU and 8 berths for feeder ships and a total port area of 405 hectares. and the total wharf length is up to 5,710m.<\/p>\n\nCurrently, Tan Phong port has completed two wharf areas: My Giang and Doc Let, Ninh Thuy.<\/p>\n\n4. Quy Nhon Port<\/p>\n\nLocated in the center of Quy Nhon city - Binh Dinh province and possessing favorable natural conditions and geographical location, Quy Nhon port is considered the leading port among ports in the Central region with the ability to receive ships. with tonnage from 30,000 DWT to 50,000 DWT.<\/p>\n\nThe port has a total area of: 306,568m2; Total warehouse area accounts for 30,732m2 with CFS warehouse 1,971m2; Yard area is 201,000 m2 with container yard accounting for 48,000 m2.<\/p>\n\nIn the future, it is expected to invest about 180 billion VND in Quy Nhon port to upgrade shipping channels capable of welcoming ships of 50,000 tons into and out of the port safely and conveniently. At the same time, after coming under the investment management of Vietnam National Shipping Lines Corporation, Quy Nhon port is determined to become an international port in the South Central region, promoting opportunities to develop Vietnam&#39;s maritime transport industry. Male.<\/p>\n\n5. Quang Ninh Port<\/p>\n\nQuang Ninh Port is a deep-water seaport located in the key economic region of Northern Vietnam. According to the plan of the Ministry of Transport, Quan Ninh port holds the 2nd position in the group of important seaports in the North of Vietnam, after Hai Phong which is the central location.<\/p>\n\nThe port has a total area of 154,700 square meters; Total warehouse reaches 5400m2 and container yard up to 49000m2.<\/p>\n\nWith favorable natural and climatic conditions and available facilities, Quang Ninh port is constantly developing and improving its technical and technological system while ensuring close security to improve the service quality of the port. me.<\/p>\n\n6. Saigon Port<\/p>\n\nSaigon Port is the main port of Southern Vietnam, playing a key role in connecting maritime transport of the Southeast region and the Mekong Delta.<\/p>\n\nSince first opening in 1860 under the French colonial period, Saigon port today has become an international port. The total area is 500,000m2 including 5 port areas (Cruise Passenger, Nha Rong Khanh Hoi, Tan Thuan, Tan Thuan 2 and Phu My Steel Port) with 3,000m of wharf, 30 floating wharves and 280,000m2 of warehouse.<\/p>\n\nWith the motto of sustainable development, being the main maritime gateway of Vietnam, in addition to setting the goal of improving service standards, Saigon Port will develop and operate a deep-water port and become a war port. national strategy in South Vietnam.<\/p>\n\n7. Cua Lo Port<\/p>\n\nCua Lo Port belongs to Nghe An port cluster and is approved as an important key container port in the group of seaports in the North Central region of our country, with a harbor length of 3,020m with the ability to receive ships of 30,000 DWT - 50,000 DWT.<\/p>\n\nAt the working session of Prime Minister Nguyen Xuan Phuc in Nghe An last February, the planning of Cua Lo port cluster will be implemented. According to estimates, the planning is planned until 2030 with the goal of becoming an international seaport, receiving ships of up to 10,000 DWT as well as meeting the import and export needs of Nghe An province and neighboring provinces . North Central region, attracting part of goods from Laos and Northeast Thailand.<\/p>\n\n8. Dung Quat Port<\/p>\n\nLocated in Quang Ngai province, Dung Quat port is Vietnam&#39;s national general seaport. Every year, the amount of goods loaded and unloaded through the Port reaches about 0.6 million tons, with an average number of ships docking at the wharf of 150 ships\/year.<\/p>\n\nDung Quat Port includes 2 port areas with a total warehouse area of 3,600m2 and port yard of up to 50,000m2. Berth No. 1 is the main port area in Dung Quat Bay with the capacity to receive ships of 70,000 DWT with the function of loading, unloading and transporting all goods and equipment to build Dung Quat Oil Refinery. Meanwhile, wharf No. 2 at Sa Ky seaport has the capacity to receive ships of 3,000 DWT, mainly for local maritime transport needs.<\/p>\n\nAccording to the Government&#39;s planning, a harbor area at My Han Bay in the future will become part of Dung Quat port.<\/p>\n\n9. Chan May Port<\/p>\n\nChan May Port is our country&#39;s major general seaport located between the two urban areas of Hue - Da Nang. In addition to the ability to receive cargo container ships with a tonnage of 50,000 DWT, Chan May port was also selected by the Asian Cruise Association to build a stopover for cruise ships in Southeast Asia with the ability to welcome cruise ships. The international calendar has a length of up to 362m and a total capacity of 225,282 GRT.<\/p>\n\nCurrently, Chan May port has Berths 1 and 2 and the Berth No. 3 project will be completed in 2018. According to planning, by 2020, Chan May port will have 6 general cargo berths with a length of 1,680m. By 2030, this port will have 8 general cargo berths with a length of 2,280 m. It is forecast that by 2020, the volume of goods through Chan May port will reach 7.4 million tons\/year.<\/p>\n\n10. Da Nang Port<\/p>\n\nIn the last position, Da Nang port also belongs to the group of general ports and focal ports of the country. Da Nang Port has three wharf areas: Tien Sa - Son Tra, Lien Chieu and Tho Quang, of which Tien Sa - Son Tra port is the main wharf area with a total yard area of 178,603m2 and 14,285m2 for the total area. warehouse.<\/p>\n\nWith the goal of being the most modern seaport in Central Vietnam, Da Nang Port is currently implementing an investment project to expand Tien Sa Port phase 2 to 2018, increasing the tonnage of receiving ships to 50,000 DWT, 3000 container ships. TEU, at the same time, set up a transit warehouse area with an area of 30h to 50ha in the period 2015-2020.<\/p>\n","image_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/files\/pexels-quang-nguyen-vinh-2144905.jpg?t=1753051410","image_thumb_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/thumb_files\/pexels-quang-nguyen-vinh-2144905.jpg?t=1753051395","tags":["TOP 10 CẢNG BIỂN LỚN NHẤT VIỆT NAM"],"count_view":2644,"seo_name":"top-10-largest-seaports-in-vietnam","date_update":1696992684,"date_created_format":1697000973,"meta_title":"","meta_desc":"","meta_keyword":"","qr_code":"https:\/\/www.greenocean.vn\/top-10-largest-seaports-in-vietnam"},{"id":608524,"name":"TOP 10 LARGEST SEAPORTS TODAY","desc":"Seas cover more than 70% of the Earth&#39;s surface. Therefore, seaports play an extremely important role in the development of the modern world. As an international traffic junction, seaports are bridges between different countries and territories around the globe. They are where goods are transported, transshipped and distributed by sea.<\/p>\n","content":"Seas cover more than 70% of the Earth&#39;s surface. Therefore, seaports play an extremely important role in the development of the modern world. As an international traffic junction, seaports are bridges between different countries and territories around the globe. They are where goods are transported, transshipped and distributed by sea.<\/p>\n\nThe world seaport map carries the image of a large-scale network, connecting ports from all over the planet. Below is an overview of the locations of the largest seaports today.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay.jpg\" \/><\/p>\n\nWorld seaport map &ndash; 10 largest seaports in the world<\/p>\n\nTop 10 largest seaports today<\/p>\n\n10. Port of Rotterdam, Netherlands<\/p>\n\nThe Port of Rotterdam, Netherlands is the largest port in Europe. Also the largest seaport outside East Asia. And for decades, from 1962 to 2004, the Port of Rotterdam was considered the busiest port in the world by cargo tonnage. The port boasts more than 500 route connections to more than 1000 ports worldwide.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-1.jpg\" \/><\/p>\n\nPort of Rotterdam, Netherlands<\/p>\n\n9. Hong Kong Port, SAR, China<\/p>\n\nThe port of Hong Kong, SAR, China is one of the largest ports in the world. The port is an integral part of Hong Kong&#39;s development. It is a global hub and among the busiest ports in the world.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-2.jpg\" \/><\/p>\n\nHong Kong Port, SAR, China<\/p>\n\n8. Tianjin Port (Tianjin), China<\/p>\n\nAt the beginning of 2023, Tianjin Port (Tianjin), China reported container throughput of 1.73 million TEU, output is expected to reach 21.8 million TEU this year.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-3.jpg\" \/><\/p>\n\nTianjin Port (Tianjin), China<\/p>\n\n7. Busan Port, Korea<\/p>\n\nBusan Port, Korea is the largest port in Korea. Accounting for nearly 75% of the country&#39;s total throughput market share in 2020.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-4.jpg\" \/><\/p>\n\nBusan Port, Korea<\/p>\n\n6. Qingdao Port (Qingdao), China<\/p>\n\nQingdao Port (Qingdao), China handled more than 400 million tons of cargo and 15.52 million containers in 2013 and is currently one of the major ports in the world. The port is known as the world&#39;s largest port for iron ore and China&#39;s largest port for crude oil.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-5.jpg\" \/><\/p>\n\nQingdao Port (Qingdao), China<\/p>\n\n5. Guangzhou Port (Guangzhou), China<\/p>\n\nGuangzhou Port (Guangzhou), China handles more than 460 million tons of goods and 15.31 million container units. The port handled its first 100 million tons of cargo in 1999 and continues to this day. Cargo traffic has increased significantly every year.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-6.jpg\" \/><\/p>\n\nGuangzhou Port (Guangzhou), China<\/p>\n\n4. Shenzhen Port (Shenzhen), China<\/p>\n\nShenzhen Port (Shenzhen), China includes ports along the coast of Shenzhen. It is the headquarters of more than 40 shipping companies and more than 130 international container routes.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-7.jpg\" \/><\/p>\n\nShenzhen Port (Shenzhen), China<\/p>\n\n3. Ningbo Port (Ningbo), China<\/p>\n\nNingbo Port (Ningbo), China stretches over a coastline of more than 220 km. With 19 port areas and more than 200 large deep-water anchored ships. Total cargo output in Ningbo reached 1.12 billion tons in 2021.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-8.jpg\" \/><\/p>\n\nNingbo Port (Ningbo), China<\/p>\n\n2. Singapore Port, Singapore<\/p>\n\nOne-fifth of the world&#39;s shipping containers and half of the global annual crude oil supply pass through the port of Singapore. This is a place with an important geographical location connecting global trade.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-9.jpg\" \/><\/p>\n\nPort of Singapore, Singapore<\/p>\n\n1. Shanghai Port (Shanghai), China<\/p>\n\nTopping the list of the world&#39;s largest seascapes is Shanghai Port (Shanghai), China. Including a deep water port and a river port. That made it the world&#39;s busiest port in 2010 and has maintained top positions since then. The port is considered part of the 21st Century Maritime Silk Road that runs from China to Singapore to India to the Mediterranean to the North Sea.<\/p>\n\n<img alt=\"\" src=\"\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay-10.jpg\" \/><\/p>\n\nShanghai Port (Shanghai), China<\/p>\n\nConclude<\/p>\n\nAbove is an image of the world seaport map and the largest seaports today. Seaports are not limited to the economic and commercial fields. They are also a driving force for economic development, creating job opportunities and attracting investment. In addition, seaports also play an important role in the global supply chain.<\/p>\n","image_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/images\/news\/top-10-cang-bien-lon-nhat-hien-nay.jpg?t=1696993287","image_thumb_url":"https:\/\/www.greenocean.vn\/datafiles\/43876\/upload\/thumb_images\/news\/top-10-cang-bien-lon-nhat-hien-nay.jpg?t=1753051403","tags":["TOP 10 LARGEST SEAPORTS TODAY"],"count_view":1176,"seo_name":"top-10-largest-seaports-today","date_update":1696992684,"date_created_format":1696993515,"meta_title":"","meta_desc":"","meta_keyword":"","qr_code":"https:\/\/www.greenocean.vn\/top-10-largest-seaports-today"}]},"widget_8550314":{"content_data":{"content":"icon"}},"widget_8550315":{"content_data":{"content":"Subscribe to our newsletter &amp; Updates"}},"widget_8550318":{"content_data":{"content":"REGISTER"}},"widget_8550289":{"content_data":{"content":"Contact us\n"}},"widget_8550292":{"content_data":{"content":"Address:<\/p>\n"}},"widget_8550295":{"content_data":{"content":"Hotline:<\/p>\n"}},"widget_8550298":{"content_data":{"content":"Email:<\/p>\n"}},"widget_8550290":{"content_data":{"content":"Please fill in your contact information. If you have any questions or would like our support, please contact us directly by phone or leave detailed information here. We will send you a response as soon as possible.<\/p>\n"}},"widget_8550301":{"content_data":{"content":"Work hours:<\/p>\n"}},"widget_8550302":{"content_data":{"content":"MON&nbsp;- FRI: 8AM - 17:30PM&nbsp; SAT: 8AM - 12AM "}},"widget_8550303":{"content_data":{"content":"USEFUL LINKS\n\n"}},"widget_8550304":{"content_data":[{"id":178903,"name":"Home page","desc":"","content":"","image_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","image_thumb_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","tags":"","count_view":0,"seo_name":"","date_update":0,"date_created_format":"0","meta_title":"","meta_desc":"","meta_keyword":"","unique":84196,"index":1},{"id":178905,"name":"Introduce","desc":"","content":"","image_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","image_thumb_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","tags":"","count_view":0,"seo_name":"introduce","date_update":0,"date_created_format":"0","meta_title":"","meta_desc":"","meta_keyword":"","unique":84443,"index":2},{"id":178907,"name":"Photo library","desc":"","content":"","image_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","image_thumb_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","tags":"","count_view":0,"seo_name":"photo-library","date_update":0,"date_created_format":"0","meta_title":"","meta_desc":"","meta_keyword":"","unique":84205,"index":4},{"id":178911,"name":"Service","desc":"","content":"","image_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","image_thumb_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","tags":"","count_view":0,"seo_name":"service","date_update":0,"date_created_format":"0","meta_title":"","meta_desc":"","meta_keyword":"","unique":84200,"index":5},{"id":178913,"name":"News","desc":"","content":"","image_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","image_thumb_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","tags":"","count_view":0,"seo_name":"news","date_update":0,"date_created_format":"0","meta_title":"","meta_desc":"","meta_keyword":"","unique":84202,"index":6},{"id":178917,"name":"Contact","desc":"","content":"","image_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","image_thumb_url":"https:\/\/www.greenocean.vn\/assets\/images\/no-image.jpg","tags":"","count_view":0,"seo_name":"lien-he","date_update":0,"date_created_format":"0","meta_title":"","meta_desc":"","meta_keyword":"","unique":84204,"index":7}]},"widget_8550305":{"content_data":{"content":"ALBUM&nbsp;"}},"widget_8550306":{"content_data":[{"id":138962,"name":"Thông 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