Incoterms 2000 query
Discussion
Hi
I'm finalising a contract to import some items into the UK and want to use Incoterms 2000 to ensure transparency however I'm struggling with them as a few of the terms appear to say the same thing which kind of defeats the objective!
What I want:
Seller to arrange and pay for carriage and insurance to my named port. Delivery will be by ship.
Buyer to be responsible for costs of freight and insurance from pick up at the port plus import duties and taxes.
CIP seems to cover what I want but so does DES. Is DES only more specific as it is ship related? Any thoughts?
I'm finalising a contract to import some items into the UK and want to use Incoterms 2000 to ensure transparency however I'm struggling with them as a few of the terms appear to say the same thing which kind of defeats the objective!
What I want:
Seller to arrange and pay for carriage and insurance to my named port. Delivery will be by ship.
Buyer to be responsible for costs of freight and insurance from pick up at the port plus import duties and taxes.
CIP seems to cover what I want but so does DES. Is DES only more specific as it is ship related? Any thoughts?
broadhat said:
Hi
I'm finalising a contract to import some items into the UK and want to use Incoterms 2000 to ensure transparency however I'm struggling with them as a few of the terms appear to say the same thing which kind of defeats the objective!
What I want:
Seller to arrange and pay for carriage and insurance to my named port. Delivery will be by ship.
Buyer to be responsible for costs of freight and insurance from pick up at the port plus import duties and taxes.
CIP seems to cover what I want but so does DES. Is DES only more specific as it is ship related? Any thoughts?
Do you want the goods still on the ship at the point of delivery? I doubt it. Surely you're looking for Delivered ex-quay? You have to clear customs etc this way. I'm finalising a contract to import some items into the UK and want to use Incoterms 2000 to ensure transparency however I'm struggling with them as a few of the terms appear to say the same thing which kind of defeats the objective!
What I want:
Seller to arrange and pay for carriage and insurance to my named port. Delivery will be by ship.
Buyer to be responsible for costs of freight and insurance from pick up at the port plus import duties and taxes.
CIP seems to cover what I want but so does DES. Is DES only more specific as it is ship related? Any thoughts?
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