Your Gateway To
Europe
Your Gateway To
Europe
Incoterms at
2M Freight Forwarders
Clear agreements are essential in international transport. Incoterms define who is responsible for the transport, costs, and risks of a shipment. On this page, we use abbreviated versions of the Incoterms—not the full legal definitions.
For a complete overview of all official Incoterms, we kindly refer you to the Kamer van Koophandel website via the link below.
https://www.kvk.nl/en/international/incoterms-2020-everything-you-need-to-know/
Incoterms at
2M Freight Forwarders
Clear agreements are essential in international transport. Incoterms define who is responsible for the transport, costs, and risks of a shipment. On this page, we use abbreviated versions of the Incoterms—not the full legal definitions.
For a complete overview of all official Incoterms, we kindly refer you to the Kamer van Koophandel website via the link below.
https://www.kvk.nl/en/international/incoterms-2020-everything-you-need-to-know/
Incoterms
EXW - Ex works
The seller makes the goods available at their premises. The buyer bears all costs and risks from that point onward, including loading, transport, export formalities, and customs clearance. The seller has minimal responsibility.
1
FCA - Free Carrier
The seller delivers the goods to an agreed carrier location. The seller handles the export documentation. From the moment of delivery, the buyer assumes all risks and costs. Suitable for all transport modes, especially container or multimodal transport.
2
CPT - Carriage Paid To
The seller pays for transport to the agreed destination. Risk transfers once the goods are handed over to the first carrier. Applicable to all modes of transport. No insurance is included.
3
CIP -
Cariage and Insurance paid to
Similar to CPT, but the seller must provide insurance. Risk transfers to the buyer once the goods are handed over to the carrier. Ideal for air and multimodal transport, offering extra protection for the buyer.
4
Incoterms
DAP - Delivered at Place
The seller delivers the goods to an agreed location in the destination country. The seller bears all costs and risks until delivery. The buyer handles customs clearance and import duties. Suitable for international shipments without unloading.
5
DPU - Delivered at Place Unloaded
The seller delivers and unloads the goods at the destination. They bear all risks and costs up to that point. The buyer handles customs clearance. This is the only Incoterm that explicitly includes unloading by the seller.
6
DDP - Delivered Duty Paid
The seller arranges and pays for everything: transport, customs clearance, import duties, and delivery to the agreed location. The buyer has no obligations. This Incoterm represents the seller’s maximum responsibility. Ideal for providing a fully hassle-free experience.
7
FAS - Free Alongside Ship
The seller delivers the goods alongside the ship at the agreed port. The buyer arranges loading, sea freight, and further costs. Only applicable to sea transport. The seller handles export formalities and transport to the quay.
8
Incoterms
FOB - Free On Board
The seller delivers the goods on board the ship at the agreed seaport. Risk and costs then transfer to the buyer. Commonly used for bulk goods and traditional sea freight.
9
CFR - Cost and Freight
The seller pays up to the port of arrival, but risk transfers when the goods are loaded onto the ship. The buyer bears the risk during transit. No insurance is included. Applicable only to sea freight.
10
CIF - Cost, Insurance and
Freight
Similar to CFR, but the seller also provides minimum insurance for the buyer. Risk transfers to the buyer once the goods are loaded onto the ship. Ideal for sea freight with basic insurance included.
11
International Freight
Forwarders
2M Freight Forwarders B.V.
Your Gateway To
Europe
CONTACT & COMPANY INFO:
The Netherlands
COC-number: 24341047
VAT-number: NL.811128738
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