Place of delivery

Group3

Main point

1.Definition. 2. Place of deliverys group

3. Translating contracts confusing problem.

Distinguish the concept

The place of deliverys importance The place of delivery s principle

The model contract

2. How to identify the place of delivery according to Incoterm

Group E
EXW

Group F
FCA, FAS, FOB

Group C
CPT, CIP;CFR, CIF,

Group D
DAF, DES, DEQ, DDU, DDP,

Ni i

Ni i

Ni i

N i n

DAF*

FAS FOB SEA transport DES DEQ

EXW FCA CPT CIP

CFR

DDU DDP

CIF
Destination port Importing country

Loading port Exporting country

Diferences between incoterm 2000&2010

Reclassification of Rules
Rules for any modes of transport

New term replaced

DAP (Delivered at Place) replaces DAF, DES, DEQ and DDU. DAT (Delivered at Terminal) replaces DEQ (Delivered ex Quay).

Rules for sea and inland waterway transport

Translating contracts confusing problem.

Case

In preliminary talks, Bangladesh Steel Exporting agrees with All Africa Metal to deliver goods to Lagos on or before 13th August 1995. When the contract is drafted, it mentions the date as agreed- 13th August 1995. Because the Nigerian company has no shipping agent in Bangladesh, it asks for a CIF contract under Incoterms 1990. The delivery terms are accordingly agreed in the contract as follows: Delivery CIF (Lagos) on or before 13th August 1995.

CIF CFR FOB

Transport & insurance paid Transport paid

DES

FAS EXW FCA CPT CIP

Transport paid Transport & insurance paid

DEQ DDU DDP