I - 1) A BRIEF INTRODUCTION
2 ) PRESENTING AN INCOTERM
XXX (Named place of Delivery) Incoterms 2010
I - 2 ) TWO « FAMILIES » FOR THE INCOTERMS
DEPARTURE - which would take place near or within the seller's area
vs ARRIVAL - which would take place near or within the buyer's area
&/OR
MULTIMODAL - any mode or modes of transport
vs MARITIME & FLUVIAL - sea and inland waterway transport
- WHY? - to help define contractual obligations, risks and allocation of costs
- WHO? - Rules set by the International Chamber of Commerce
- WHEN? - Last revision dates from 2010
- FOR WHOM? - Between any buyer/s and seller/s - trade partners
- HOW MANY? - 11 Rules for the Incoterms 2010
2 ) PRESENTING AN INCOTERM
XXX (Named place of Delivery) Incoterms 2010
- XXX stands for the 3 letter Incoterm acronym
- Named place of Delivery can/should be as precise as possible to avoid confusion or future litigations
I - 2 ) TWO « FAMILIES » FOR THE INCOTERMS
DEPARTURE - which would take place near or within the seller's area
vs ARRIVAL - which would take place near or within the buyer's area
&/OR
MULTIMODAL - any mode or modes of transport
vs MARITIME & FLUVIAL - sea and inland waterway transport