Market data: TradingView. Indicative and possibly delayed; not for trading.
Services
Contract terms, payment security and shipping coordination that protect both sides of a deal.
What we do
Terms that protect both sides.
From loading to discharge.
For companies entering new supply markets.
Incoterms® 2020
Who arranges what, and when risk passes from seller to buyer.
Glossary| Term | The seller | Risk passes |
|---|---|---|
| FOB | Delivers the goods on board the buyer’s vessel at the loading port | On loading |
| CFR | Also arranges and pays for the vessel and freight to the discharge port | On loading |
| CIF | As CFR, plus minimum marine insurance for the buyer | On loading |
| DAP / DES | Delivers the goods at the named destination port or terminal | At destination |
Payment security
The buyer’s bank pays the seller against compliant shipping documents, usually under the ICC’s UCP 600 rules.
A bank undertaking that pays out if a party fails to perform; usually issued under ISP98 or UCP 600.
Every bank instrument is confirmed between the banks involved, never only on the strength of a copy.
Tell us what you need, and by when.