JAGUAR LOGISTICS
International trade reference
A concise guide to how delivery cost, risk and responsibility are divided between seller and buyer.
Seller makes goods available at the named place. Buyer generally manages loading, export, main carriage, import and delivery.
Seller delivers cleared goods to the carrier or place named by the buyer. Risk transfers at that delivery point.
Seller places goods alongside the vessel at the named port. Used only for sea and inland-waterway transport.
Seller loads goods on board the nominated vessel. Risk transfers when goods are on board. Sea/inland waterway only.
Seller pays ocean freight to the named destination port, while risk transfers once goods are on board at origin.
As CFR, with seller-arranged minimum cargo insurance. Sea/inland waterway only.
Seller pays carriage to the named destination, but risk transfers when goods are handed to the first carrier.
As CPT, with seller-arranged cargo insurance at the prescribed level.
Seller delivers ready for unloading at the named place. Buyer handles import clearance and duties.
Seller delivers and unloads at the named place. Buyer handles import clearance and duties.
Seller assumes the broadest delivery obligation, including import clearance and duties where legally possible.
Incoterms® is a trademark of the International Chamber of Commerce. This simplified guide is general information—not legal, tax or contractual advice. The named place/port and exact contract wording matter.
