Transfer costs

In a CIF (Cost, Insurance and Freight) contract, the cost transfer refers to the point at which costs shift from the seller to the buyer. The seller b...

In the CIP Incoterms (Carriage and Insurance Paid To), the seller bears all costs up to the named destination, including transport insurance. The risk...

Under FOB (Free On Board), the seller bears all costs up to and including rendering the goods on board the vessel at the named port of shipment. From ...

Under Free Alongside Ship (FAS), the cost transfer occurs at the named port when the seller bears costs up to delivery alongside the vessel. From that...

Under the Incoterm DAP (Delivered at Place), the cost transfer occurs when the goods are placed at the disposal of the buyer at the named place of des...

Under Delivered Duty Paid (DDP), the seller bears all costs and risks to deliver the goods to the named destination, including import duties and taxes...